Hong Kong’s MPF Achieves Record High Assets in First Half of 2024

Thursday, 4 July 2024, 01:15
In the first half of 2024, Hong Kong’s Mandatory Provident Fund (MPF) achieved a record high of US$157 billion in assets, showcasing strong performance. With each of its 4.75 million members earning HK$12,500 (US$1,600) amid a market rally, the scheme has witnessed substantial growth. This milestone underscores the resilience and profitability of the MPF amid market fluctuations and demonstrates its commitment to providing substantial returns to its members.
South China Morning Post
Hong Kong’s MPF Achieves Record High Assets in First Half of 2024

The MPF’s Milestone Achievement

In the first half of 2024, Hong Kong’s Mandatory Provident Fund (MPF) achieved a record high of US$157 billion in assets, showcasing strong performance.

Member Benefits and Market Rally

Each of the 4.75 million members earned HK$12,500 (US$1,600) amid a market rally, reflecting the scheme’s profitability and member benefits.

Resilience and Profitability

This milestone underscores the resilience and profitability of the MPF amid market fluctuations, highlighting its strong financial standing.

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