Bei Jing Shang Bao·2025-10-17 13:55Group 1 - Alibaba Group and Ant Group announced a joint investment of $925 million (approximately 6.6 billion RMB) to acquire a 13-story commercial office building in Hong Kong, establishing their headquarters in the city [1] - The establishment of the Hong Kong headquarters is seen as a strategic move to expand international business and signals confidence in Hong Kong's role as a global financial center and international business hub [1] - Alibaba's Chairman, Daniel Zhang, emphasized the importance of Hong Kong for talent, capital markets, and innovation, reflecting the company's commitment to the region [1] Group 2 - Ant Group has been actively involved in Hong Kong for years, launching AlipayHK in 2017, which now serves over 4.5 million active users [2] - The company is exploring the implementation of cutting-edge technologies like AI and blockchain in collaboration with local partners, indicating a significant strategic investment in Hong Kong [2] - Ant Group's subsidiary became a "key enterprise partner" of the Hong Kong government, further solidifying its commitment to establishing its overseas headquarters in the city [2]