June 29, 2024
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Opinion | Hong Kong investment fund makes smart move to ride local unicorns

  • June 17, 2024

Investors are always chasing good growth stocks, and artificial intelligence (AI) shares are the new darlings. The government-owned Hong Kong Investment Corporation (HKIC) has joined the fray. It has formed its first commercial partnership with home-grown unicorn SmartMore, an AI specialist that produces visual inspection machines for industrial production and assembly lines, which already has

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Investment

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

  • June 10, 2024

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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