HKIC invites asset managers for New CIES Investment Portfolio 2026 Capital Batch: proposals due 26 October 2026
HKIC opened an IFP for ≥10 asset managers of the New CIES IP 2026 Capital Batch (≥HK$4bn; invest from 2027Q1). Deadline 26 Oct 2026. Ecosystem timing signal only—not DIY CIES advice.
On 12 October 2026, the Hong Kong Investment Corporation Limited (HKIC) announced operational details and issued an invitation for proposals (IFP) for asset managers of the 2026 Capital Batch of the Investment Portfolio (CIES IP) under the New Capital Investment Entrant Scheme (New CIES). This article summarises the official notice for family offices, asset managers and professional advisers watching the CIES ecosystem calendar. It is not a DIY guide to New CIES applications, fund selection or capital remittance, and it does not guarantee scheme approval or investment returns.
Lifecycle status
IFP open / ongoing tender. Eligible institutions may submit proposals until 26 October 2026. The 2026 Capital Batch is expected to start investment in the first quarter of 2027. Do not treat the batch as already closed or already investing.
What the 2026 Capital Batch covers
- Capital included: New CIES applications received between 1 January 2026 and 31 December 2026 and approved by the relevant authorities during the applicable period.
- Batch size: total size will be at least HK$4 billion.
- Applicant context (scheme rule, not DIY steps): under Government requirements, an eligible New CIES applicant must invest a minimum of HK$30 million in permissible investments, including placing HK$3 million into the CIES IP.
- Prior batches: HKIC notes that 14 asset managers were selected for the 2024 and 2025 Capital Batches, whose investment has started with good progress. The 2026 batch is a separate IFP process.
Asset-manager invitation (high level)
HKIC will select at least ten asset managers to invest the 2026 Capital Batch. Priority criteria stated by HKIC include (among others) Hong Kong base and long-term commitment, management and more than half of employees residing in Hong Kong, SFC Type 9 licences for the entity and relevant investment-team members, establishment for at least two years, AUM of no less than HK$200 million, institutional fundraising/investment experience in the proposed areas, and concrete contribution to Hong Kong’s long-term economy, competitiveness and society. Interested managers must propose at least two new applications or themes aligned with HKSAR policy and Hong Kong’s advantages. Each fund size is no less than HK$400 million, to be invested within two years from mandate establishment. Lock-up: seven years starting from 1 January 2027. Investment progress reports will be compiled regularly for investors.
Policy emphasis for this batch
HKIC states that, in line with the Chief Executive’s Policy Address and Hong Kong’s First Five-Year Plan (2026–2030), the CIES IP will emphasise nurturing home-grown or Hong Kong-based asset managers with commercial and strategic potential, furthering the financial-cum-I&T ecosystem and strengthening support for start-ups—supporting transformation of traditional industries and growth of emerging and future industries.
Why this matters for HKBSCL’s audience
For family offices, asset managers and advisers around New CIES capital, the IFP deadline and 2027Q1 investment window are a timing and capacity signal for the CIES IP ecosystem—not an instruction to self-file CIES applications or choose specific products. Readers assessing eligibility, structuring or professional support should rely on official New CIES / InvestHK materials and qualified advisers.
How this differs from an earlier New CIES piece on this site
HKBSCL previously covered a New CIES two-year milestone and service-provider opportunities. This piece is different: it reports HKIC’s open IFP for asset managers of the 2026 Capital Batch (deadline, ≥HK$4bn size, ≥10 managers, 2027Q1 investment start)—not a retrospective milestone article.
Source: HKIC — invitation for proposals regarding asset managers of the 2026 Capital Batch of the New CIES Investment Portfolio (Hong Kong, 12 October 2026). Accessed 2026-10-20 ~12:21 HKT.
This article is general information only and is not legal, immigration, investment, tax, accounting or regulatory advice. IFP participation, manager selection, batch size, investment timing and New CIES outcomes depend on official processes and individual facts. No guarantee is given of proposal acceptance, CIES approval, investment performance or commencement on any particular date. Readers should consult official sources and qualified advisers before acting.