In view of the demographic changes in Hong Kong and the associated increase in demand for long-term assets for retirement planning, this report explores the opportunities and developments in Hong Kong’s long-term asset markets. It investigates the growth in demand for long-term assets due to...

This paper examines the macroeconomic consequences of future demographic trends for economic growth, financial markets and public finances. It shows that in the absence of reforms and responses by economic agents, the currently projected demographic trends imply a decline in average real GDP...