{"id":324565,"date":"2025-12-04T09:48:12","date_gmt":"2025-12-04T09:48:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/324565\/"},"modified":"2025-12-04T09:48:12","modified_gmt":"2025-12-04T09:48:12","slug":"hong-kongs-investment-body-posts-us300-million-income-in-first-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/324565\/","title":{"rendered":"Hong Kong\u2019s investment body posts US$300 million income in first year"},"content":{"rendered":"

The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city\u2019s wholly owned investment vehicle made an impressive report after its first year of operation.<\/p>\n

HKIC<\/a> posted HK$2.25 billion in operating income for the year that ended on December 31, on HK$64 billion in total assets, while deploying less than one-fifth of its initial capital of HK$62 billion, according to a report on Thursday.\u201cHKIC is the patient capital investment arm of the government with a dual mandate to enhance the economic vitality and long-term competitiveness of Hong Kong, while seeking financial return,\u201d said Financial Secretary Paul Chan Mo-po<\/a>, who is also the chairman of the HKIC.<\/p>\n

It is a key driving force in contributing to the nurturing of new quality productive forces and cementing Hong Kong\u2019s 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.<\/p>\n

\"FinancialFinancial Secretary Paul Chan Mo-po at the International Forum for Patient Capital in Hong Kong on May 22, 2025. Photo: Jonathan Wong<\/p>\n

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.<\/p>\n","protected":false},"excerpt":{"rendered":"The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the…\n","protected":false},"author":2,"featured_media":324566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[32732,7992,143551,45,49,48,76433,91199,143549,46,30405,143552,143544,143545,15674,143546,143548,143547,143550],"class_list":["post-324565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alibaba-group-holding","tag-biotech","tag-blue-pool-capital","tag-business","tag-ca","tag-canada","tag-chief-executive-john-lee-ka-chiu","tag-chinese-mainland","tag-clara-chan","tag-economy","tag-financial-secretary-paul-chan-mo-po","tag-goldman-sachs-greater-china","tag-hard-and-core-technology","tag-hkic","tag-hong-kong","tag-international-forum-for-patient-capital","tag-new-capital-investment-entrant-scheme","tag-oliver-weisberg","tag-primavera-capital"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/324565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=324565"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/324565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/324566"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=324565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=324565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=324565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}