Hong Kong’s de facto sovereign wealth fund seeks to set up joint GBA fund

Hong Kong’s de facto sovereign wealth fund seeks to set up joint GBA fund

Hong Kong. Source: Robert Bye/Unsplash

Hong Kong’s de facto sovereign wealth fund is considering using HK$5 billion ($639 million) it set aside for its GBA Investment Fund to set up a joint investment fund with the government of Guangdong to invest in Greater Bay Area projects, the city said on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter