BUSINESSSCMP WORLD
Rule change urged for Hong Kong pension fund to allow wider ETF choice for 4.8m members
The Chamber of Hong Kong Listed Companies is urging the pension regulator to relax rules for Hong Kong's Mandatory Provident Fund (MPF) to allow 4.8 million members to invest more in Hong Kong-listed ETFs. Chamber chairman Chan Ka-keung stated ETFs offer stable returns and low fees, which would broaden investment choices and benefit the city.
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