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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- Hong Kong Investment Corp. Ltd. (HKIC), managing HK$62 billion ($7.9 billion), is broadening its focus to include financial and aerospace technologies.
- Since June 2024, HKIC has invested in over 120 projects; two have gone public, and more than 10 are planning Hong Kong IPOs in 2025.
- HKIC prioritizes early-stage, strategic investment, especially in AI, and has partnered with Beijing Academy of Artificial Intelligence to attract global tech talent.
- Hong Kong Investment Corp. Ltd.
- Hong Kong Investment Corp. Ltd. (HKIC) is a state-backed firm managing HK$62 billion ($7.9 billion). Established in 2022, it invests fiscal reserves to stimulate Hong Kong's industrial and economic development. HKIC focuses on hard tech, life sciences, green tech, and now financial and aerospace technologies. It has invested in over 120 projects since June 2024.
- 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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