Investment arm will bring cutting-edge tech to city

Themis Qi

Hong Kong Investment Corporation, a government fund managing HK$62 billion in assets, said it would step up efforts to help bring cutting-edge technologies to the market this year.

HKIC aims to make frontier scientific achievements "accessible, applicable and affordable" to the general public, chief executive Clara Chan Ka-chai said at an event yesterday while revealing the fund's areas of focus for the year.

When asked whether HKIC would invest in more projects than it did last year, Chan said that the quality of investments also matters.