Hong Kong MPF rating: Average loss of about 63 Hong Kong dollars per person in November. Total assets of MPF amount to 1.54 trillion Hong Kong dollars.

The research institution for Hong Kong's Mandatory Provident Fund stated that despite a significant rebound in the last week of the previous month, Trillions of MPF system has still not been able to achieve a positive investment return for the seventh consecutive month, with a slight decrease of -0.02% recorded in November. This has affected member accounts with a total impact of around 300 million Hong Kong dollars, equivalent to an average loss of around 63 Hong Kong dollars per person. Despite not achieving investment gains in November, due to continuous contributions each month, Trillions of MPF total assets have reached a historical high for the seventh consecutive time. After including contributions, Trillions of MPF total assets have reached 1.54 trillion Hong Kong dollars, equivalent to an average account balance of 321,337 Hong Kong dollars per member. In 2025, Trillions of MPF's investment return remains at a high of 210.8 billion Hong Kong dollars, equivalent to a return of around 43,972 Hong Kong dollars per member. The other stock fund categories of the research institution for Hong Kong's Mandatory Provident Fund increased by 9.46% in November. This outstanding performance was largely driven by the Harmony Health Fund managed by Manulife MPF, which recorded a return of 10.02%, five times higher than the second-best performing Trillions of MPF component fund during the same period, showcasing the diversification advantage of investing in the healthcare sector. The research institution for Hong Kong's Mandatory Provident Fund stated that 2025 has been a strong year for investment performance for Trillions of MPF system, with an average monthly return of 1.46%. If this trend continues in December, the annual return is expected to reach around 17.6%, making it the fourth best annual performance in the history of Trillions of MPF, surpassing the average annual return by 12%, but still lower than the historical peak of around 24.61% recorded in 2009.