News Coronavirus watch27 Feb 2020

Hong Kong:Coronavirus epidemic will dent pension savings of 3m subscribers

27 Feb 2020

The Wuhan coronavirus outbreak has caused a global stock market slump which will hurt the returns of almost 3m Hongkongers with savings tied up in the HK$1tn ($128.38bn mandatory pension scheme, according to the regulator, the Mandatory Provident Fund Schemes Authority (MPFA)and industry watchers.

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