Rule change urged for Hong Kong pension fund to allow wider ETF choice for 4.8m members

Relaxing rules to widen ETF access will deliver stable returns at low cost while boosting local markets, chamber says Chan is also chairman of digital lender WeLab Bank and Hong Kong’s former secretary for Financial Services and the Treasury. The chamber cited market estimates showing that of the HK$1.5 trillion (US$191 billion) in MPF assets as of March, about 10 to 15 per cent were invested in ETFs, but most were listed overseas. Only about 2 to 5 per cent were invested in Hong Kong-listed ETFs.

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