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Paul Chan: Hong Kong Will Inject Capital into the Hong Kong Investment Corporation at the Appropriate Time to Further Promote Innovation, Technology, and Industrial Clustering
On February 25, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, presented the 2026–2027 Budget to the Legislative Council. Paul Chan stated that since the Hong Kong Investment Corporation (HKIC) began full-scale operations, it has invested in over 190 projects, primarily in the fields of hard technology, life sciences, new energy, and green technology. Among these, 10 companies have already listed on the Hong Kong Stock Exchange, and more than 20 others are preparing to list this year. Given that the HK$62 billion in initial capital for the Hong Kong Investment Corporation has largely been allocated, we will inject additional funds at an appropriate time to further drive innovation and technology development and foster industrial clustering.
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