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66% HKers See Money Mgmt More Challenging amid Plague; 33% Ramp Up Investment Last Mth: Stanchart Survey
COVID-19 has made money management more difficult for the majority of people in Hong Kong and many have chosen to increase their investment in a bid to achieve their financial goal...
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66% HKers See Money Mgmt More Challenging amid Plague; 33% Ramp Up Investment Last Mth: Stanchart Survey
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2020/11/26 10:18
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COVID-19 has made money management more difficult for the majority of people in Hong Kong and many have chosen to increase their investment in a bid to achieve their financial goals, according to Standard Chartered’s latest global survey.

Two-thirds of people in Hong Kong (66 per cent) have found managing their money more difficult since the start of the COVID-19 outbreak, said the results. To improve their financial situation, 28 per cent of respondents with at least one financial goal said they have changed their budget for daily spending.

Thirty-three per cent of people in Hong Kong said they have increased investing over the past month. Across all generations, those aged between 45 and 54 are the most aggressive in terms of investing with almost half (47 per cent) saying they have allocated more money for investment.
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