Hong Kong's New Platform for $166 Billion Pension Faces Glitches
Some Hong Kong pensioners migrating to a new electronic system for retirement savings have experienced glitches, raising concerns over the platform's reliability as it enters a key phase of adding more users.
The eMPF platform, built by a unit of Hong Kong tycoon Richard Li's PCCW Ltd. and Singapore-based subcontractor iFast Corp., showed tech issues including log-in difficulty, according to people familiar with the project, who requested not to be named.
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