BUSINESSJun 1 · 06:24 UTCSCMP WORLDEnoch Yiu

Hong Kong government’s venture fund eyes bigger bankroll after double-digit return

Hong Kong's government investment arm achieved a double-digit internal rate of return in 2024, surpassing many new venture capital funds. CEO Clara Chan Ka-chai stated the fund bypassed the typical 'J-curve' performance pattern by earning HK$2.3 billion that year.

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