The new hot item on Hong Kong parents’ shopping lists for their teenagers: a retirement annuity plan

S.China Morning Post Tuesday, 2 January 2018 ()
What to get for the teenager who has everything? An annuity policy to give them a monthly income in their retirement, of course. Such policies, which pay out a fixed monthly income after retirement, are the latest trend among Hong Kong parents keen to give their offspring not just a good start in life, but a good end too. “We have seen an increasing trend among parents to buy annuity products for their teenage children or those who are in their early 20s, in a bid to protect their...
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News video: Thousands in Hong Kong protest against Beijing on New Year's day

Thousands in Hong Kong protest against Beijing on New Year's day 01:08

 Hong Kong kicks off 2018 with its annual demonstration demanding a stop to further erosion of its autonomy. Sadiya Chowdhury reports.