HKIC backs fintech unicorn WeLab to bring Hong Kong start-ups to Southeast Asia
The Hong Kong government’s investment arm is keen to leverage the expertise of its latest investee – fintech unicorn WeLab – to support start-ups from the city looking to expand in Southeast Asia. Hong Kong Investment Corp (HKIC), which manages HK$62 billion (US$8 billion) of funds, on Thursday formed a partnership with WeLab after acquiring…