Month: May 2024

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  • April Sees High Risk Aversion in MPF, 2.8 Billion Switching to Conservative and Guaranteed Funds

April Sees High Risk Aversion in MPF, 2.8 Billion Switching to Conservative and Guaranteed Funds

GUM released the MPF Market Analysis Report April 2024 today. As of 30 April, the total assets of the MPF market rose by 0.1% to HKD 1.185 trillion. In April,…

GUM MPF Express : Strong Performance of HK and US Equity Funds in May: Average Per member Gains Surpasses $13,000 YTD

GUM released the performance of MPF for the first half of May today. As of 15th May, GUM MPF Composite Index experienced a 3.3% increase, with an average per-member gain…

GUM: May 2024 Outlook

May 2024 Outlook: United States-Neutral | Europe-Slightly Positive | Japan-Slightly Positive | China-Slightly Positive | Asia-NeutralThe U.S. inflation index exceeded expectations, leading to a cooling of rate cut expectations. The…

Rebound in Hong Kong and China Stocks in April, but Overall MPF Declines: Average Loss of HK$572 per Person

【May 6, 2024】 – In April 2024, the "GUM Comprehensive MPF Index" fell by 0.2% to 230.5 points,the average loss per member in the MPF was HKD 572, with a…