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【Observations on HKIC's 2025 Annual Report: Building a Comprehensive RISC-V Ecosystem and Paving the "Belt and Road" Route for Global Expansion】The HKIC 2025 Annual Report highlights robust financial performance (HKD 6.459 billion in investment income, 14% net IRR) and emphasizes a strategic evolution toward "industrial empowerment and ecosystem building." In the RISC-V sector, HKIC backed pioneering chip developments by StarFive and SpacemiT to build a full-chain ecosystem, advancing national tech self-reliance and cementing Hong Kong's status as an R&D hub. Along the "Belt and Road," HKIC empowered portfolio companies like Spark EV (smart mobility), SoySource (agritech), and RushOwl (smart transit) to successfully export their technologies to Southeast Asia and other global markets. This demonstrates the critical value of HKIC's "patient capital" in bridging national strategies, industrial execution, and global expansion.
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HKICAnnual Report
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