Hong Kong Could Have its Own Singular Sovereign Wealth Fund Investment Corp
Posted on 12/07/2022
Hong Kong Chief Executive John Lee Ka-chiu seeks to consolidate a number of funds to create the Hong Kong Investment Corporation Limited (HKIC). The separate funds are the Hong Kong Co-Investment Fund (HK$30 billion), Hong Kong Growth Portfolio (HK$22 billion), Greater Bay Area Investment Fund (HK$5 billion), and Strategic Tech Fund (HK$5 billion). As China…