Hong Kong to Inject More Capital Into Investment Body, Chan Says

Hong Kong will inject more capital into the Hong Kong Investment Corporation after it largely allocated its initial HKD62bn (USD7.9bn), as the government widens the fund’s role to draw long-term money into high-quality commercial property projects, Financial Secretary Paul Chan said.

The Hong Kong Investment Corporation has invested in more than 190 projects, with 10 portfolio companies already listed and another 20 preparing to list this year, he said.

Chan also said the fund is advancing the creation of a Hong Kong RISC-V Alliance to promote collaboration in the Greater Bay Area and internationally, underscoring the expanding role of the Hong Kong Investment Corporation.