FWD Hong Kong released the latest "Consumer Sentiment Survey" results, showing that the general public lacks confidence in their personal financial outlook. More than 60% (64%) of respondents described their personal financial situation as "very anxious, somewhat worried, or barely coping". Pressure also stems from concerns over finances in the next five to ten years. Nearly 60% (58%) of respondents are most worried about "rising living costs," followed by "high medical expenses" (48%) and "insufficient savings to achieve a comfortable retirement" (47%).
AASTOCKS Financial News