Mandatory Provident Fund Schemes Authority Tag

04 Jan Hong Kong’s MPF bounces back with 3.5% annual gain, the first since 2020, as pension scheme adds US$4.8 billion in value

“Encouraging late-year inflation readings and the foreshadowing of lower US interest rates helped the MPF system achieve its first positive annual return in three years,” said Francis Chung, MPF Ratings chairman.The headquarters of the Mandatory Provident Fund Schemes Authority (MPFA) in Hong Kong’s Kwun Tong...