The newly established $8 billion Hong Kong Investment Corporation picked an ex-HKMA Exchange Fund executive as its chief for a three-year term.
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Chinese family offices in Singapore look at neighbouring countries for opportunities and show a clear preference for public over private markets.
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The investment arm of MTR Corporation makes direct investments in early-to-growth stage companies, has wholly-owned subsidiaries and incubates startups as well.
Hong Kong’s investment arm will give priority to investments in tech and advanced manufacturing after receiving over 100 investment proposals from venture capital funds and asset managers.
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