Strong investment gains and contributions brought total Mandatory Provident Fund (MPF) assets to an all-time high of HK$1.55 trillion (US$199 billion) at the end of 2025, a growth of HK$260 billion from a year earlier, according to the data released on Tuesday by the city’s pension regulator.
That meant each of the 4.79 million MPF members had an average of HK$323,590 in their account last year, about HK$54,749 more than in 2024, based on the Post’s calculations using data from the Mandatory Provident Fund Schemes Authority (MPFA).
At HK$1.55 trillion, the MPF’s total assets grew by HK$260 billion, or 20 per cent, from HK$1.29 trillion at the end of 2024.
The growth was mainly attributed to last year’s stock market rally, which helped the 379 MPF investment funds report an average net return of 16.5 per cent in 2025, according to the MPFA. This marked the third consecutive year the MPF returned an annual gain, following the 8.6 per cent average net return in 2024 and 3.4 per cent in 2023.
No category under the MPF suffered a loss in 2025, the MPFA data showed, as stock funds performed strongly with an average return of 24.8 per cent. They are the most popular fund choice, representing 46 per cent of all MPF assets.
The best-performing stock fund under the MPF showed an average return of 84.4 per cent last year, while returns from the least-performing funds averaged 12.2 per cent.
The eMPF mobile app, a central electronic platform for managing Mandatory Provident Fund accounts in Hong Kong. Photo: Handout
