HK’s A-share expansion for MPF will slowly shift assets

The Hong Kong government's decision to add the Shanghai and Shenzhen stock exchanges to its list of approved stock exchanges last week is set to deepen the exposure of the city's pension funds to mainland-listed stocks, but it will take time to see a shift in assets, say experts.  The decision, which was effective on November 13, removed the Mandatory Provident Fund (MPF)’s 10% investment limit on China A-shares. Previously, MPF funds, which managed about HK$1 trillion ($129 billi…