The Zhitong Finance App learned that GUM announced MPF performance for August. In August 2026, the “GUM MPF Composite Index” reported 308.7 points, up 1.5%. MPF increased overall in August, earning HK$4,933 per capita and HK$25,335 per capita since the beginning of the year.
The overall return of the GUM MPF Equity Fund Index rose 1.8% in August. The AI supply chain theme rebounded, and the Japanese, South Korean, and Taiwan stock markets rebounded, driving Asian equity funds to rise 3.5%, becoming the best-performing stock fund category for the month. From the beginning of the year to now, they reported 25.6%, maintaining the first position; Japanese equity funds ranked second, rising 3.4%.
In contrast, Hong Kong stocks rebounded after a sharp rebound in July. The Hong Kong A-Tech Network giant was dragged down by profit pressure from “high investment and slow cashout”. The Hong Kong Equity Fund (tracking index) and the Hong Kong Equity Fund fell 1.1% and 0.7% respectively, making them the weakest performing two types of equity funds in the same month, reporting only 0.5% and negative 0.1% from the beginning of the year to now.
GUM Chief Investment Director Liu Jiahong said that capital has continued to rotate in different regions and markets over the past few months, and it is expected that this trend will continue in September. Overall, although there is a clear trend of interest rate hikes, the global market economy is still stable, so they still prefer stock assets. However, they maintain a neutral view of the single market. It is expected that each market will rise and fall narrowly but slowly improve overall. Global equity funds with a diversification mechanism will have an advantage in a “rotating market.”