HKIC bolsters innovation ecosystem with strategic tech investments
Hong Kong's sovereign wealth fund has deployed capital across 90 technology companies, creating significant co-investment leverage while pursuing a dual mandate of financial returns and ecosystem development that distinguishes it from regional peers.
The Hong Kong Investment Corporation (HKIC) has invested in over 90 technology companies as part of its strategic mission to catalyse the region's innovation and technology (I&T) sector, according to details revealed in the Financial Secretary's 2025 budget speech delivered last week.
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