{"id":391151,"date":"2026-04-10T06:08:21","date_gmt":"2026-04-10T06:08:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/391151\/"},"modified":"2026-04-10T06:08:21","modified_gmt":"2026-04-10T06:08:21","slug":"hk-pension-fund-members-each-loses-over-21000-in-march-wiping-out-q1-gains","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/391151\/","title":{"rendered":"HK pension fund members each loses over $21,000 in March, wiping out Q1 gains"},"content":{"rendered":"<p>Hong Kong\u2019s pension fund members each lost more than HK$21,000 on average in March due to the Middle East conflict, wiping out all the gains in the first quarter, consultancy GUM said.\u00a0<\/p>\n<p>In the quarter, each Mandatory Provident Fund member on average suffered a loss of over HK$6,500, ending a four-quarter consecutive period of gains, it said.\u00a0<\/p>\n<p>In March, apart from the MPF Conservative Funds, equity, bond, and money market funds all declined across the board, with none spared, the consultancy said.\u00a0<\/p>\n<p>However, the market is expected to improve this month with the latest two-week ceasefire agreement reached between the US and Iran, and the temporary reopening of the Strait of Hormuz, it added.<\/p>\n<p>In the March quarter, the GUM MPF Composite Index fell 2 percent to 280.7 points, while the equity fund index declined 3.3 percent to 398.1 points and the mixed assets fund Index dropped 1.5 percent to 283.2 points.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Hong Kong\u2019s pension fund members each lost more than HK$21,000 on average in March due to the Middle&hellip;\n","protected":false},"author":2,"featured_media":391152,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[2476,72,114,17057,176,90553,42,90555,90554,90556,61,60,385,174,175,90557,112,1284,90552,386],"class_list":["post-391151","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-breaking-news","tag-business","tag-china","tag-english-daily","tag-finance","tag-free-newspaper","tag-headlines","tag-hong-kong-media","tag-hong-kong-news","tag-hong-kong-news-media","tag-ie","tag-ireland","tag-latest-news","tag-personal-finance","tag-personalfinance","tag-sing-tao","tag-sports","tag-standard","tag-the-standard","tag-world"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/391151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=391151"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/391151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/391152"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=391151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=391151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=391151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}