HKIC to invest in technology, biotech, new energy: Clara Chan

Clara Chan Ka-chai, CEO of Hong Kong Investment Corporation (HKIC), said that the company will make direct investment or co-investment in three major sectors – hard and core technology, biotechnologies, and new energy and green technologies.

HKIC will sign a strategic partnership agreement with a local unicorn SmartMore tomorrow (June 12), marking the company's first investment since its establishment.

Chan stated that the first batch of direct investment or co-investment will be announced this month, with new projects expected to be rolled out each quarter going forward.

She emphasized that HKIC should strive for reasonable investment returns and at the same time leverage capital to attract tech companies to settle and use Hong Kong as their base of development.