Hong Kong’s Mandatory Provident Fund (MPF) returns have been a major concern for employees. Dr. Tai Ming-chu, Associate Professor of Finance at HKU’s Faculty of Business and Economics, highlighted the issues of "high fees and low returns" in the MPF system. She pointed out that the current MPF framework operates as a free market, but suggested that more active participation by the Hong Kong government could help members achieve better investment returns, a strategy adopted by regions such as Singapore.
The pandemic has severely impacted cinemas in Hong Kong, with 16 theatres closing their doors. The rapid rise of streaming platforms like Netflix and Disney+ has made it easier for viewers to enjoy films at home, increasing pressure on cinemas. With ticket prices often exceeding over hundred dollar, streaming services offer a wealth of content for a similar cost, drawing many audiences away.