The U.S. dollar has been the world’s major reserve currency for decades. Investors and treasuries in different countries used to deem the dollar as one of the safest investments in the world.
Newsletter
Public Medical System Under COVID-19
The recent COVID-19 pandemic has spread across the globe, leading to a total of 9 million people being infected and nearly half a million deaths. Though the situation in Hong Kong is not as worse as in other countries, the local public medical system is still facing unprecedented pressure.
How to survive in another financial crisis?
The recent outbreak of the coronavirus has led to huge fluctuations in the financial market. It’s always safe to plan ahead in case of an economic downturn and volatility in the market.
Your sustainable income
Making consistently good investment decisions over time is not easy. Investing in a multi-asset fund may be an ideal option for you if you aim at generating sustainable income. Multi-asset funds typically invest across a number of different asset types, including equities, bonds, cash and, potentially, alternative investments such as property and infrastructure.
Insurance at Work
Since most people are unfamiliar with the insurance claiming process, questions and doubts often come across peoples’ minds. But before you start dwelling on these questions, let us tell you a real-life story of our client that happened one month ago.
Investing in times of crisis
Recent political environment and social unrest have caused significant disruptions to Hong Kong tourism and consumption-related industries. Hong Kong’s economy shrinks 0.4% in the second quarter, signaling a recession. The government economist said this contraction marked the weakest economic condition ever since 2009. There is no doubt that Hong Kong is facing an economic downturn.
Claiming Insurance
Some may think that the claim process is complicated as many supporting documents are required from them. However, this requirement is to ensure fairness for all policyholders. In fact, the advent of technology makes the claim process more convenient. You may consult your insurance agent for details.
Hong Kong’s First Proton Therapy System for Cancer Treatment
The Hong Kong Sanatorium & Hospital is introducing the proton therapy system for cancer radiation treatment, expected to launch by 2020. The Hitachi proton therapy equipment will be set up at HKSH Eastern District Advanced Medical Centre in the future. The proton therapy system will be first introduced to private hospitals, and the Hospital Authority will follow its development and benefits closely.
Hong Kong Healthcare Services and the VHIS
Hong Kong has a well-established dual-track healthcare system and is one of the world’s most efficient healthcare system. The healthcare system is composed of two sectors: a private sector and a government sponsored public sector. The private sector offers a large variety and luxurious options, but comes at a very high price. The public sector, subsidised by the Hong Kong Government, is provided to eligible citizens at a very low fee. For example, residents pay $50 per out‐patient consultation at a government hospital clinic, while private clinics typically charge between $180 and $650.
Responsibility of clients
Before placing your holdings of securities under the supervision of a Portfolio Manager, it is a good idea to review the nature of such a relationship. If you choose not to use professional client advisor management, you should recognize that you are the portfolio manager of your investments.