Hong Kong MPF Outlook for the Year of the Horse

Hong Kong's 4.8 million Mandatory Provident Fund (MPF) members face potential volatility in their investments during the Year of the Horse, following a period of record gains.

16 Feb, 02:00 — 16 Feb, 02:00

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SCMP16 Feb, 02:00

Can Hong Kong’s 4.8 million MPF members repeat record gains in Year of the Horse?

The Year of the Horse is set to bring volatility for the investments of Hong Kong’s 4.8 million Mandatory Provident Fund (MPF) members, following a record-breaking Year of the Snake that ended on Monday, according to analysts. The next zodiac year, which begins on Tuesday, is the seventh in the Chinese lunar calendar’s 12-year cycle, each represented by an animal. The Year of the Snake delivered estimated earnings of HK$251.6 billion (US$32 billion), the highest on record since the MPF was...

By Enoch Yiu

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