The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city’s wholly owned investment vehicle made an impressive report after its first year of operation.
It is a key driving force in contributing to the nurturing of new quality productive forces and cementing Hong Kong’s role as an international financial centre, an international innovation and technology hub, and an international hub for high-calibre talent, he said in the annual report.
These missions have already yielded initial success. As of the end of October, the HKIC invested in more than 150 projects across key sectors in hard and core technology, biotech and new energy and green technology, as well as relevant applications. More than 10 companies have either filed or planned to file their listing applications in Hong Kong this year, HKIC said.
