Hong Kong’s eMPF Cuts Administration Fees 21.6% from April, Aiming to Save HK$50 Billion
Hong Kong’s eMPF will cut administration fees for 378 funds by 21.6%, lowering rates from 0.37% to 0.29% from April 1, and is forecast to save HK$50 billion (US$6.4bn) in under 10 years.