Hong Kong’s $7.9 Billion Investment Fund Widens Scope to Fintech and Aerospace
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Hong Kong Investment Corp. Ltd. (HKIC), a state-backed firm managing HK$62 billion ($7.9 billion), is widening its strategic footprint to include financial and aerospace technologies, an expansion of its original investment mandate just over a year into its operations.
Since its first deal in June 2024, HKIC has committed capital to more than 120 projects. Two portfolio companies have already gone public, while over 10 others have either filed or are preparing to file for Hong Kong IPOs in 2025, according to Chief Executive Officer Clara Chan. The firm did not disclose the names of the listed entities.
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- HKIC manages HK$62 billion, has invested in over 120 projects since June 2024, and now expands from hard tech, life sciences, and green tech into financial and aerospace technologies.
- Two HKIC-backed companies have gone public; over 10 others aim for Hong Kong IPOs in 2025, with unnamed listings.
- HKIC emphasizes active, early-stage investment and launched AIC with Beijing Academy of AI to attract global talent and foster technology innovation in Hong Kong.
- Hong Kong Investment Corp. Ltd.
- Hong Kong Investment Corp. Ltd. (HKIC) is a state-backed firm established in 2022 to deploy fiscal reserves for Hong Kong's industrial and economic development. Managing HK$62 billion, it has invested in over 120 projects since June 2024. Initially focused on hard tech, life sciences, and green tech, HKIC now also targets financial and aerospace technologies. It acts as a long-term "patient capital" provider, fostering innovation and aiming to position Hong Kong as a global hub for high-growth industries.
- 2022：
- Hong Kong Investment Corp. Ltd. (HKIC) was conceived under Chief Executive John Lee’s policy blueprint.
- June 2024：
- HKIC made its first investment deal.
- By August 26, 2025：
- HKIC has committed capital to more than 120 projects; two portfolio companies have already gone public; more than 10 others have filed or are preparing to file for Hong Kong IPOs in 2025.
- Tuesday, August 26, 2025：
- HKIC announced a partnership with the Beijing Academy of Artificial Intelligence to launch the AI Global Talents Connect (AIC) initiative.
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