Breaking | Hong Kong’s investment body posts US$300 million income in first year
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Every dollar invested by the HKIC has attracted more than six in long-term market capital, Financial Secretary Paul Chan says.

The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city’s wholly owned investment vehicle made an impressive report after its first year of operation. HKIC posted HK$2.25 billion in operating income for the year that ended on December 31, on HK$64 billion in total assets, while deploying less than one-fifth of its initial capital of HK$62 billion, according to a report on Thursday. “HKIC is the patient capital investment…

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