Global financial investors are pouring into Hong Kong in a low profile way to stay under the radar and avoid undue attention because of rising geopolitical tension, said the head of the city’s de facto sovereign wealth fund.
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“We see a great velocity of [capital] flow, although in a very low profile way,” said Clara Chan, the CEO of the HK$62 billion (US$8 billion) government-owned fund known as Hong Kong Investment Corporation (HKIC), during a Wednesday interview with the Post at the BioHK 2025 conference. The fund aims to “protect” its investees from geopolitics by being “very agile” in facilitating the flow of capital and talent, she said.
She cited the HKIC’s International Forum for Patient Capital gathering in May as an example, which drew global investors including European and US firms with more than US$20 trillion of combined assets under management. Some participants stayed off the stage “for obvious reasons”, but “they know what’s happening here”, Chan said.
“They loved it because they could stay low profile, but then they would know where to put the money to work,” Chan said. “A lot of long-term capital really think they should not miss the opportunity in either Hong Kong or via Hong Kong into China.”
The HKIC was founded in 2022 by Hong Kong’s government to spur the city’s revamp into an innovation and technology hub. It focuses on “hard and core technology”, biotechnology and green technology, with 130 invested projects thus far, Chan said.
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