HK Investment Corp looks at private market bets in tech, green finance
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.
The newly established Hong Kong Investment Corporation (HKIC) will focus on private market investments to drive the city’s competitiveness in fintech, AI, biotech, life sciences, advanced manufacturing, and green finance, a government official told AsianInvestor.
So far, the government-owned investment institution has received over 100 proposals from venture capital funds in artificial intelligence, fintech, Web3, etc., as well as asset management companies across Hong Kong, mainl…
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