Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth

Published 3 hours ago
Source: scmp.com
Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth
The Hong Kong Investment Corporation (HKIC) is eyeing investments in fintech, aerospace and artificial intelligence, tapping the city’s strengths and a wave of incoming talent and enterprises as geopolitical shifts create new opportunities, according to its CEO. The city’s wholly owned investment vehicle, which manages HK$62 billion (US$8 billion) in funds, would look at these new sectors in addition to its other focus areas, “playing to Hong Kong’s advantages in the context of the global...