Former Hong Kong District Councillors Join Demonstration Outside HSBC in UK for Pensions Being Withheld

HSBC conducted its annual general meeting in Birmingham, England. Former Hong Kong district councilors arranged a demonstration outside the meeting to voice their opposition to the bank's decision to withhold the BNO Hong Kong residents' MPF. Coutesy of Yau Man-chun

On May 5, former Hong Kong District Councillors and some Hongkongers in Britain organized a protest outside the HSBC in the UK, to object to the bank’s withholding of their MPF (Mandatory Provident Fund) savings.

There are more than 140,000 Hongkongers migrated to the UK via British National (Overseas) (BNO) visa scheme since 2021, however, many of them have been unable to withdraw their MPF savings in Hong Kong.