HKIC Announces Operational Details for the 2026 Funding Group of the "Investment Portfolio" under the "New Plan", with Investment to Commence in the First Quarter of Next Year

On October 12, Hong Kong Investment Corporation Limited announced the operational details of the 2026 Funding Group of the "Investment Portfolio" under the "New Capital Investment Entrant Scheme" (the "New Scheme"), and issued a proposal invitation to asset management companies in this regard. According to the regulations of the Hong Kong Special Administrative Region Government, eligible applicants under the "New Scheme" must invest at least HK$30 million in permissible investment assets, including HK$3 million allocated to the "Investment Portfolio." Reviewing the situation of the 2024 and 2025 Funding Groups of the "Investment Portfolio," the funds of these two groups comprise applications under the "New Scheme" received on or before December 31, 2024, and during the period from January 1, 2025 to December 31, 2025, respectively, and approved by the relevant authorities within the applicable period. After selection, a total of 14 institutions were appointed as asset management companies for the "2024 and 2025 Funding Groups." Investment for the "2024 and 2025 Funding Groups" has commenced, with progress being satisfactory and in line with the long-term objectives of the "Investment Portfolio" in supporting Hong Kong's economy, competitiveness, and social development. Building on this foundation and in line with the direction of the Chief Executive's Policy Address, HKIC will establish and supervise the "2026 Funding Group." As case approval work continues to advance and funds are gradually put in place, the "2026 Funding Group" will commence investment in the first quarter of 2027. In terms of fund allocation, the "2026 Funding Group" comprises funds from applications under the "New Scheme" received during the period from January 1, 2026 to December 31, 2026, and approved by the relevant authorities within the applicable period. The total amount of the "2026 Funding Group" will reach at least HK$4 billion, with investment expected to commence in the first quarter of 2027. In terms of the investment mechanism, HKIC will select at least ten asset management companies through the mechanism to invest for the "2026 Funding Group."