The Mandatory Provident Fund (MPF) reported a loss of HK$258.9 billion (US$32.98 billion) in the first nine months of the year, its worst performance for the period on record, as soaring global inflation and interest rates rattled markets. That equates to a loss of HK$56,500 per person. Analysts expect ...
View more: Hong Kong residents’ nest eggs shrink by HK$56,500 each as Mandatory Provident Fund posts record HK$258.9 billion nine-month loss