Time to check the fine print
Typically astute and informed about property and personal investments, Hongkongers have always been lukewarm about the Mandatory Provident Fund (MPF) and its promised benefits. Despite the best efforts of scheme…
Fund data shows optimistic signs
Any assessment of how well MPF funds have performed this year comes with a couple of caveats. Recent advances may compensate only in part for the declines of previous years.…
Handbag IPO fails to carry its price
Second-hand luxury handbag retailer Milan Station made headlines last week as it warned of an expected loss this year, which it said was to be blamed on continued slow demand…
Half the battle
Hongkongers love to complain about their Mandatory Provident Fund. The government launched the plan in 2000 to address citizens’ retirement needs. It implemented a fully free-market solution, handing the fund…
China’s Zhejiang Shibao jumps over six times on debut
Shares of Chinese auto parts maker Zhejiang Shibao Co Ltd jumped by more six times on its Shenzhen debut on Friday, after the stocks regulator had forced it to…
Asian markets lifted by US data
A string of upbeat data from the United States and a rally on Wall Street boosted Asian markets on Friday, while growing confidence in the global outlook saw dealers sell…
Hot money pushes up Hong Kong stocks to 15-month high
Hong Kong stocks hit a 15-month high yesterday, breaching the 22,000 level for the first time in 15 months as investors were cheered by positive data from the US and…
Hot money inflow expected to continue, analysts say
An influx of hot money into Hong Kong chasing the rising yuan has forced the city’s financial chiefs to exchange HK$ 32.24 billion worth of local currency for US dollars…
Asian markets lifted by US data; Hong Kong outperforms
A string of upbeat data from the United States and a rally on Wall Street boosted Asian markets on Friday, while growing confidence in the global outlook saw dealers sell…
Does US shale mean cheap global oil by 2020?
Does the rise of US shale oil mean fuel buyers c an look forward to a multi-year period of crude price decline? Or is oil destined for new record highs…
