Media365
Investment opportunities in cutting-edge technologies are increasingly concentrated in mainland China and Hong Kong, according to Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC).
As the Hong Kong government’s investment arm, the HKIC aimed to play a stronger role in attracting capital into high-potential projects and scaling investments through broader funding participation, Chan said during a panel session at the Boao Forum for Asia on Friday.
Founded in 2022, the HKIC manages HK$62 billion (US$8 billion) in funds. The firm generated HK$2.34 billion in investment income in 2024, according to its first annual report released in December.
“The company’s internal rate of return has reached double digits. Every HK$1 invested by the HKIC attracted more than HK$8 in follow-on co-investment, much of it sourced from overseas investors,” she said.
More than 50 per cent of HKIC’s investments were in mainland China, about 30 per cent in Hong Kong and around 20 per cent overseas, Chan added.
Beyond capital, the HKIC supports portfolio companies with access to different types of funding, customers and application scenarios.
