Associate Professors of Finance Professors Winglun Kwan and Mingchu Tai , who wrote an article on the MPF system, said: “The MPF
is an important part of Hong Kong’s financial inclusion development, but its performance has been
disappointing. Our findings reveal three main reasons reunion email list 100000 contact leads for the MPF’s poor performance, including
overly conservative asset allocation; poor quality of MPF products even after accounting for asset
allocation; and high fees. With the upcoming launch of the MPF Easy platform, it provides a good
opportunity to make significant improvements to Hong Kong’s main retirement savings system.
The government can also use this opportunity to strengthen the financial services ecosystem, attract
more capital, and position Hong Kong as a wealth management hub in the region.”
The eight articles in the Hong Kong Economic Policy Green Paper 2025 focus on the following analysis:
Analysis of Hong Kong’s fiscal deficit
In recent years, as Hong Kong’s deficit level has hit a record high and rank among the top among
develop economies, the fiscal deficit has become a severe new challenge facing the Hong Kong Special
Administrative Region. The study found that once this integration is up and running most of the deficit comes from structural deficits, which
cannot be alleviat by passive means of economic growth alone, but requires active adjustments to fiscal
policy. Land revenue contributes a considerable proportion of fiscal revenue, but its volatility also
creates high risks and often triggers revenue fluctuations, necessitating more prudent risk management. Looking ahead, the government nes to strike a balance between alleviating the deficit
and pursuing fiscal policy, and the government has been proactive in adjusting fiscal policy.
On the other hand, Hong Kong has accumulat sufficient fiscal reserves over the years
There has been some decline in recent years, but today’s reserve levels are still among the highest in
the world, with limit downside risks. In addition, the SAR government should make full use of the
quota of the government bond program to raise calling list funds for infrastructure investment without
compromising longterm fiscal sustainability, and thereby promote the development of the capital market and the internationalization of the RMB.
Revitalizing the Hong Kong Stock Market: Key Challenges and Strategic Solutions Associate Professors of Finance.
