Finance

OnePlatform  | 19 Aug 2022

Falling Food Prices Ease Upward Pressure on Global Inflation

OnePlatform MPF Indexes increase by 0.09% As of 19 August, OnePlatform MPF Composite Index was 234.92, with a 0.09% month-to-month increase. In August, the market was still plagued by high inflation and economic recession concerns but falling food and oil prices ease concern on food pressures a bit. Thus, most of the OnePlatform MPF indexes post month-on-month […]

Finance

Perform  | 02 Aug 2022

5 steps to build investment portfolios

Inflation has become a global problem recently. Investment is one of the best ways to protect the purchasing power of our savings. Investment is a process of holding a portfolio with a mix of investment products to maximize returns and diversify investment needs. Therefore, investors should clearly understand their personal goals before investing. Here are […]

Finance

Perform  | 29 Jul 2022

5 Common types of MPF

MPFs have had lackluster performances in the past 6 months. According to data provided by MPF Rating, the fund recorded a loss of 12.96% in the first half year, which is the worst interim performance since the launch of MPF. The average balance for an MPF account is currently at HKD$230700, with a 10.55% decline […]

Finance

Perform  | 25 Jul 2022

7 Wealth-Building Habits

Money management is essential for wealth-building. With good money management skills, we can improve our living standards and build our wealth. Some graduates do not save on a low income, they spend their entire salary and even rack up credit card debt. In fact, developing a saving habit is necessary even if our income is […]

Lifestyle

Perform  | 22 Jul 2022

5 Money Management Lessons For Your Kids

Developing the correct money management concept from an early age is essential. Money management is a broad concept that includes the process of budgeting, saving, spending, and investing. According to a study released by the University of Cambridge, children aged 3 to 4 are able to understand basic money concepts, and many of their money […]

Finance

OnePlatform  | 20 Jul 2022

Rebound in global stock markets

OnePlatform MPF Indexes increase across the board As of 20 July, OnePlatform MPF Composite Index was 234.72, with a 1.41% month-to-month increase. In July, the market was still plagued by high inflation and economic recession concerns, but investors were less reactive as before. European and United States stock markets rebounded this month, making the OnePlatform […]

Finance

Perform  | 15 Jul 2022

How do rising interest rates in US affect Hong Kong housing market?

With inflation rates exceeding 7% for the past 6 months, rising price levels have become one of the greatest problems in the US. The consumer price index unexpectedly hit 8.6% in May, reaching the highest since December 1981. To alleviate the inflation problem, the Federal Reserve approves a 0.75% increase in interest rate, the latest […]

Perform  | 29 Jun 2022

How to arrange insurance when moving aboard?

Hundreds of thousands of Hong Kong residents have left the city in recent years. According to the Immigration Department, Hong Kong has lost more than 140,000 residents in the first quarter of 2022. In fact, there are lots of immigration formalities for people about to leave. Aside from tax clearance and financial approval,insurance rearrangement is […]