Hong Kong Investment Corporation (HKIC) Chief Executive Officer Chan Ka-tsai has disclosed that the corporation's investment portfolio achieved a net internal rate of return of 14% as of the end of last year.
Since its establishment four years ago, the company has transformed from a pure investor into a multi-faceted entity, having invested in more than 200 projects cumulatively. Among these, 11 portfolio companies have successfully listed in Hong Kong, while over 30 companies plan to submit listing applications in Hong Kong during the remainder of this year.
Chan noted that HKIC will proactively seek out potential enterprises and act as a lead investor to boost market confidence. Currently, for every HK$1 invested by HKIC, an average of more than HK$8 in long-term capital can be attracted as follow-on investment.
Beyond financial returns, the investments also prioritize benefiting the public, covering areas such as artificial intelligence and green energy technology. In the future, the corporation will strengthen support for frontier sectors including the Northern Metropolis, the Greater Bay Area, and commercial aerospace.
In addition, HKIC has set a global precedent by establishing an offshore RMB venture capital fund, which has already begun investing in projects spanning artificial intelligence and brain-computer interfaces. Given Hong Kong's pivotal role as an offshore RMB hub, HKIC will also build a bond investment framework to enhance the innovation and technology financial ecosystem, with specific details to be announced in due course together with partner banks.
Regarding investment strategy, Chan emphasized that "investing early and investing small" is the core principle, closely aligned with the overall development of the nation and Hong Kong. She pointed out that HKIC positions itself as "patient capital," not driven by short-term market fluctuations, as otherwise it would be difficult to maintain international recognition and attract top innovation and technology talent.
HKIC bears the dual mission of "using capital to attract capital, gathering talent to draw talent, and nurturing ecosystems to sustain ecosystems." To cultivate youth, the corporation will establish a cross-regional innovation and technology platform, collaborating deeply with top universities across local, mainland, European, and American regions.