Hong Kong MPF loses 15%

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HONG KONG - Hong Kong's Mandatory Provident Fund, the city's compulsory retirement savings plan, may be headed for its largest annual loss since inception after declining 15% between April and September.

Net asset values of MPF dropped to HK$223.8bn ($28.9bn) at the end of September, from HK$248.2bn in April, according to the latest statistics posted on the website of the Mandatory Provident Fund S...

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