HKIC to get fresh capital after 190 investments

Budget flags more funding for HKIC.

Hong Kong will inject more capital into the Hong Kong Investment Corporation (HKIC) after its initial $62b was largely allocated, Financial Secretary Paul Chan Mo-po said in his 2026-27 Budget Speech.

Chan said HKIC is intended to deliver medium- to long-term returns for fiscal reserves whilst attracting frontier technology enterprises and patient capital to Hong Kong.

He said HKIC has invested in more than 190 projects, mainly in hard and core technology, life technology, new energy, and green technology.

Chan said 10 investee companies are already listed in Hong Kong, with a further 20 preparing for listing this year.

He also said every dollar invested by HKIC has attracted more than eight dollars of long-term capital, as the government positions the vehicle to support the city’s innovation and technology ecosystem and strategic industry chains.