Hongkongers must ditch short-term mentality, says BCT

Hong Kong retail investors need to move from a speculative, short-term mindset to a more long-term approach, especially in light of the likely impact of the impending employee choice arrangement (ECA) on the Mandatory Provident Scheme, argues MPF provider BCT."That mentality needs to shift," says Ka Shi Lau chief executive of BCT in Hong Kong. She hopes MPF members will acquire acumen in making better informed investment decisions when changes to the retirement-scheme regime take effe…