GUM: The May Mandatory Provident Fund Composite Index has risen to 259 points, with an average return of HKD 9683.
According to the Wisdom Finance APP, it was revealed that recently, GUM announced that the GUM Mandatory Provident Fund Comprehensive Index rose to 259 points in May, with a monthly return of 3.5% and a year-to-date return of 5.6%. The average return per person in the Mandatory Provident Fund was 9683 Hong Kong dollars, with a cumulative return of 15301 Hong Kong dollars since the beginning of the year. This reflects that the overall market sentiment has continued to improve since the announcement of a temporary and significant reduction in tariffs by the US and China 90 days ago, especially benefiting from the strong performance of the stock market.
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