GUM: MPF members mistakenly follow the trend to bet on Greater China Fund in October.

GUM strategy and investment analyst Yun Tianhui pointed out that in October, Trillions of MPF members gradually reduced their risk aversion, and funds flowed back into stock funds. In addition to the popularity of US stock funds, the market generally expects the central government to introduce new stimulus policies, so members are more willing to invest in China stock funds with a heavier weighting of Chinese stocks and more directly benefiting from national policies. Recently, GUM released the October 2024 Trillions of MPF market analysis report. As of October 31, the total assets of Trillions of MPF market fell by 2.6% to 1.29 trillion Hong Kong dollars. Despite recent political events causing market volatility, members should focus on long-term asset allocation when managing Trillions of MPF, rather than frequent trading to capture short-term fluctuations. It is important to review investment portfolios in a timely manner based on individual risk situations to ensure their suitability.