MPF Ratings records best annual result in 4 years

An extra $102.4b of investment returns were gained in 2024.

MPF Ratings Ltd logged its best annual result since 2020, earning HK$102.4b in investment gains for 2024.

The Hong Kong-based retirement consulting company grew its account balance for its 4.75 million members to $271,500 during the year, from just $31,600 previously.

The MPF system recorded a 2024 investment return of 8.82% to add an extra $102.4b to MPF member accounts.

This comes as Hong Kong and China equities ended their 3-year losing streak, said Francis Chung, chairman of MPF Ratings.

“With over 17% market share, Hong Kong and China equities is MPF’s largest and most important asset class,” Chung said.

With this, the MPF system is now $1.29t in size, MPF Ratings said in a statement posted on its website.

MPF Ratings’ focus is now on US president-elect Donald Trump’s next move.

“2025 threatens to be about protectionism and deregulation and while this rhetoric has proved popular for US equities, a US bias in MPF portfolios could come with consequences,” Chung said.