The research institution for Hong Kong's Mandatory Provident Fund stated that Trillions of MPF suffered a loss of about 0.81% in December last year, but recorded a positive return of about 8.82% in 2024, making it the best annual return since 2020. The research institution for Hong Kong's Mandatory Provident Fund mentioned that although Hong Kong and mainland China stock funds are the most important asset categories for Trillions of MPF, the focus is now shifting to the inauguration of the incoming US President Trump. In terms of amount, Trillions of MPF in Hong Kong had an investment income of about HK$102.4 billion in 2024, which means an average income of about HK$21,500 per member for 4.75 million Trillions of MPF members; the average account balance increased by about HK$31,600, reaching approximately HK$271,500. After the December contributions, Trillions of MPF's total assets are expected to reach about HK$12.9 trillion, the fourth highest since its inception, with an average account balance of about HK$271,500 per member. The investment focus in 2024 included the end of a 3-year decline for Hong Kong and mainland China stock funds, as well as a second consecutive year of over 20% growth for US stock funds. In 2025, there will be challenges such as trade protectionism and regulatory relaxation, with these concerns extending to the US stock market. Therefore, investment portfolios leaning towards US stocks may have an impact on Trillions of MPF members, and a diversified investment portfolio can help reduce uncertainty.