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The Nexus
BUSINESSJun 2 · 10:30 UTCSCMP WORLDEnoch Yiu

AI, biotech and new energy likely targets of HKIC yuan fund

The Hong Kong government's offshore yuan-denominated venture capital fund, led by Hong Kong Investment Corporation (HKIC), is expected to attract investors targeting artificial intelligence, biotechnology, and new energy sectors. Financial Secretary Paul Chan Mo-po announced the initiative, highlighting HKIC's role in managing the fund.

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Hong Kong governmentorganizationHong Kong Investment CorporationorganizationPaul Chan Mo-popersonartificial intelligencetopicbiotechnologytopicnew energytopic
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