Clara Chan Ka-chai

Clara Chan Ka-chai is the CEO of the Hong Kong Investment Corporation (HKIC), Hong Kong's government investment arm managing HK$62 billion (US$8 billion). She is newsworthy due to HKIC's increasing prominence and strategic role in Hong Kong's economy. Recently, Chan was appointed as a director of FCLTGlobal, marking the first time a Chinese sovereign wealth fund has held a board seat. HKIC is actively involved in initiatives like the Gobi-HKU Fund I, investing in technology start-ups from the University of Hong Kong. The fund is also being redeployed to support Hong Kong's commercial property sector. HKIC is expanding its investment remit, targeting fintech, aerospace, and AI sectors to capitalize on new opportunities arising from geopolitical shifts. The corporation's early gains and expanded role are expected to be highlighted in the upcoming budget statement.