July 7, 2024
Investment

Hong Kong investment arm HKIC makes milestone move in deal with AI unicorn SmartMore

“Today, we have a perfect example and story of a company born and raised in Hong Kong, which expanded into the Greater Bay Area and now has a very successful global footprint,” Chan said during a panel discussion after the signing. Hong Kong’s Chief Executive John Lee Ka-chiu, who announced the establishment of HKIC in

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Investment

HKIC wealth fund to strike maiden investments in June in technology, biotech, new energy

Government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, will make its first batch of investment in start-ups this month as authorities seek to strengthen innovation and technology as a core pillar to provide sustainable economic development in the city. “We will make our first batch of direct investment or

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