Hong Kong Monetary Authority: Will continue to review and broaden the types of assets for Mandatory Provident Fund investments.

The Hong Kong Monetary Authority welcomes the series of measures announced in the Chief Executive's 2025 Policy Address today, which aim to further develop the Hong Kong financial market, promote the application of artificial intelligence, consolidate employment and livelihoods, and improve governance systems. The Chairman of the Hong Kong Monetary Authority, Norman Chan, stated that the Authority will continue to review and expand the asset classes for the Trillions of MPF investments, providing the industry with more diversified investment tools to enhance risk diversification and potential returns, benefiting plan members. Norman Chan praised the forward-looking and innovative nature of the 2025 Policy Address, particularly in strengthening Hong Kong's financial system, consolidating its position as an international financial center, promoting economic development, and contributing to the well-being of society, making Hong Kong more prosperous and vibrant. He added that the MPF system, as a major pillar of basic retirement protection for the working population in Hong Kong, is an important element for social stability. This year marks the 25th anniversary of the implementation of the MPF system, and the Hong Kong Monetary Authority will continue to fully support the government's policies and measures in the 2025 Policy Address and its appendices. They will also continue to optimize the MPF system, including promoting the full operation of the "MPF Direct" platform and implementing the phased implementation of the "Full Portability" of MPF to promote market competition and reduce costs, providing a more secure basic retirement protection for Hong Kong's workforce.