The calendar year-to-date outperformance of US equities relative to HK and China equities reached 29.23% in October (vs 24.43% in September). Francis Chung (叢川普), Chairman of Hong Kong’s specialist independent MPF research group, MPF Ratings today released its October MPF Performance Survey by highlighting the record performance difference between US equities and HK/China equities and the cost impact this would on MPF members in the future.