Ge Long Hui A P P·2025-09-30 04:48Core Viewpoint - Alibaba Group is in negotiations to acquire the top 13 floors of the "One Island East" building in Hong Kong's Causeway Bay for approximately HKD 7 billion (USD 900 million) [1] Group 1: Acquisition Details - The acquisition involves the top 13 floors of the "One Island East" building [1] - The reported price for the acquisition is around HKD 7 billion (USD 900 million) [1] - Alibaba and its affiliates currently lease 10 floors in Times Square, Causeway Bay, with the lease expiring in 2028 [1] Group 2: Seller Information - Mandarin Oriental is in discussions regarding the potential sale of specific office spaces in "One Island East" [1] - There is no guarantee that any transaction will be completed [1] - Alibaba has not responded to requests for comments regarding the potential acquisition [1]