Zhong Guo Xin Wen Wang·2025-10-17 12:28Core Viewpoint - Alibaba Group and Ant Group announced an agreement to invest approximately HKD 7.2 billion in acquiring a multi-story commercial office building in Causeway Bay, Hong Kong, to serve as their headquarters [1] Group 1: Investment Details - The investment amount for the acquisition is around HKD 7.2 billion [1] - The property is located in a prominent area, indicating a strategic move for both companies [1] Group 2: Strategic Importance - Alibaba Group's chairman, Daniel Zhang, emphasized that Hong Kong offers a wealth of professional talent, a robust capital market, an innovative cultural atmosphere, and global connectivity [1] - The acquisition reflects Alibaba Group's confidence in Hong Kong's economy and business environment, positioning it as a base for international expansion [1] Group 3: Ant Group's Commitment - Ant Group's chairman, Eric Jing, stated that the company will continue to increase its investment in Hong Kong to attract top global talent and strengthen its local team [1] - These initiatives are aimed at supporting Ant Group's global strategy and contributing to Hong Kong's development as an international innovation and technology hub [1]