Hong Kong Investment previously announced that there are currently over 80 investment projects. The CEO, Chen Jiaqi, stated in a media interview that the companies being invested in initially expected to go public (IPO) in 5 to 6 years, but with the support of Hong Kong Investment, the pace of development has accelerated, and it is now expected to IPO within 3 years.
Hong Kong Investment will require the projects they invest in to prioritize considering Hong Kong as the location for future listings. She indicated that even if the investment projects later list as public companies, Hong Kong Investment will maintain transparency, and the holding period can reflect the project's value to Hong Kong, which does not necessarily mean an immediate full exit, especially for those projects that have platform effects and can gather an ecosystem for technological innovation, which tend to be held long-term.
Additionally, she mentioned that Hong Kong Investment's investment in life sciences will significantly increase next year.