‘HKIC drives market capital into promising firms’
Chief Executive of Hong Kong Investment Corporation (HKIC), Clara Chan, on Sunday said the company had evolved from acting as a pure investor into a corporation playing diverse roles. Speaking on a Commercial Radio programme, Chan said the company, owned by the SAR government, was a lead investor that drove market investment. “Besides acting as an investor, we also look for promising enterprises.…
Clara Chan, the Chief Executive of Hong Kong Investment Corporation (HKIC), recently stated that the company has transformed from merely being an investor into a corporation that takes on various roles within the market. Speaking on a radio program, Chan emphasized that HKIC is a lead investor driving market investment. Her company goes beyond traditional investing, actively identifying promising enterprises during their growth stages and investment rounds.
She explained that for every dollar HKIC invests in a company, it manages to mobilize an average of eight dollars in long-term market investment. In addition to its investment role, Chan highlighted that HKIC also serves as a pioneer, supporting the development of the Northern Metropolis, the Greater Bay Area, and cutting-edge fields.
The corporation aims to contribute to society beyond generating financial profits, hoping that the enterprises it invests in will offer products or services that benefit the public. HKIC's investments span across sectors such as artificial intelligence, green energy, and life sciences, all of which are directly related to people's lives.
The company has invested in more than 200 enterprises, with 11 already listed on the Hong Kong Stock Exchange. Furthermore, over 30 of these investments have submitted or are planning to submit listing applications in the Special Administrative Region (SAR) this year.
Written by urgent.news from RTHK English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- ‘HKIC drives market capital into promising firms’ news.rthk.hk
