MPF assets back above HK$1 trillion on Chinese equity gains
A strong rebound in performance in November - likely to continue in December - could save the retirement scheme from experiencing the worst-performing year on record.
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A strong rebound in Chinese equities in November helped to reverse Hong Kong’s mandatory retirement fund’s performance losses over five consecutive months and drove its total assets under management back above the HK$1 trillion ($128.6 billion) mark.
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