GUM: In August, the average return of the Mandatory Provident Fund per person was HKD 4,933, bringing the total earnings to HKD 25,000 from the beginning of the year to date.

GUM announced the performance of the Trillions of MPF for August. In August 2026, the GUM Trillions of MPF Composite Index reported 308.7 points, an increase of 1.5%. The overall Trillions of MPF in August rose, with an average gain of HKD 4,933 per person, and an average gain of HKD 25,335 per person year-to-date. The GUM Trillions of MPF Equity Fund Index saw an overall return increase of 1.8% in August. The AI supply chain theme rebounded, and the stock markets in Japan, South Korea, and Taiwan improved, driving Asian equity funds up by 3.5%, making it the best-performing category of equity funds for the month, with a year-to-date return of 25.6%, maintaining the top position. Japanese equity funds ranked second, rising by 3.4%. In contrast, after a significant rebound in July, Hong Kong stocks retreated, with the Hong Kong A-shares tech giants burdened by profits pressure from high investment and slow returns. Hong Kong equity funds (tracking index) and Hong Kong equity funds fell by 1.1% and 0.7%, respectively, making them the two weakest categories of equity funds for the month, with year-to-date returns of only 0.5% and -0.1%. GUM's Chief Investment Officer, Lau Ka-hung, stated that funds have been rotating among different regions and markets over the past few months, and this trend is expected to continue in September. Overall, while the trend of interest rate hikes is evident, the global market's economic tone remains robust. Therefore, equities are still favored, although a neutral stance is maintained on individual markets, with expectations of narrow fluctuations across markets but a gradual overall upward trend. Global equity funds with diversification mechanisms will have advantages in a "rotating market."