香港特区政府推出的创科创投基金优化计划正在吸引内地投资机构加速南下布局。首支沪港合作标杆基金「维港纽带创科基金」于7月30日正式签约，总规模为6亿港元，由上海国投担任基石投资人、中信资本担任管理人，重点聚焦人工智能、先进制造和生命健康三大领域[1]。该优化计划以1:3的比例与市场机构配对出资，共收到超过60份基金申请[1]。
过去一年多，香港相继推出了多支规模从数亿到百亿港元不等的创投基金，大量VC/PE机构纷纷扎根香港，竞争态势日趋激烈[1]。首批9个储备项目来自香港大学、香港科技大学、香港城市大学和香港理工大学等高校孵化的企业[1]。香港2025年资金组别总规模至少达30亿港元，创科加速器先导计划规模为1.8亿港元[1]。此外，香港已宣布推出100亿港元的"创科产业引导基金"，投资领域包括生命健康、人工智能与机器人等[1]。
香港拥有中国内地以外最大的人民币资金池，规模约1万亿元人民币[1]。上实集团联合国泰海通设立的沪港新兴产业基石基金目标规模30亿港元，中科创星推出的FutureTech Stars - HKU Venture LPF创投基金目标总规模3亿港元[1]。
The Hong Kong Special Administrative Government's optimized science and technology venture capital fund initiative has drawn a surge of mainland Chinese investment institutions southward. The inaugural Shanghai-Hong Kong cooperative flagship fund, the "Vital Bridge Technology Fund," officially signed on July 30, with a total scale of HK$600 million [1]. Shanghai State-owned Investment Company serves as the cornerstone investor, while China Citic Capital acts as the fund manager, focusing investments in three key sectors: artificial intelligence, advanced manufacturing, and life sciences [1].
The initiative operates on a 1:3 matching ratio with market-based institutions, having received over 60 fund applications in response [1]. Nine portfolio companies in the first batch originate from incubators at universities including the University of Hong Kong, Hong Kong University of Science and Technology, Hong Kong City University, and Hong Kong Polytechnic University [1]. Beyond this flagship fund, Hong Kong has launched additional venture capital vehicles with varying scales ranging from hundreds of millions to tens of billions of Hong Kong dollars, creating an intensely competitive investment environment [1]. The government has announced a "Science and Technology Industry Guidance Fund" of HK$100 billion, targeting investments in life sciences, artificial intelligence, and robotics sectors [1]. Hong Kong maintains China's largest offshore renminbi capital pool outside mainland territory, amounting to approximately 1 trillion yuan [1].