Government-owned HKIC will invest in hard and core technology, biotechnology, and new energy and green technologies as authorities seek to strengthen innovation and technology to provide sustainable economic development in the city.
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Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.