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Hong Kong investment fund plans new spending on gene-related project, CEO says

SCMP LogoSCMP2h ago

Hong Kong investment fund plans new spending on gene-related project, CEO says - SCMP

Quick Summary:

New addition to its project roster would involve gene sequencing and exploration of genetic information, CEO Clara Chan says.

The government established HKIC in 2022, allocating some of its reserves into four funds – the Hong Kong Growth Portfolio, the Greater Bay Area Investment Fund, the Strategic Tech Fund, and the Co-Investment Fund, to steer the growth of strategic industries.

More information may be disclosed on Friday, she added.


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Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 19:00:15 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 156 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22457977

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 18 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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