News Asia14 Aug 2018

Hong Kong:Around 9,000 retirees sign up for govt annuity plan

14 Aug 2018

Just 9,140 senior citizens registered their desire for enrollment to the Hong Kong government's HK$10bn ($1.27bn) public annuity scheme. The total subscription of HK$4.94bn was less than half of the HK10bn limit for the first tranche. The average subscription amount was HK$525,000.

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