智通财经网·2025-10-20 01:42Core Viewpoint - Alibaba-W and Ant Group announced a joint investment of $925 million (approximately HKD 7.2 billion) to acquire a 13-story commercial office building in Causeway Bay, Hong Kong, marking the largest office transaction in Hong Kong since 2021 [1] Group 1: Investment Details - The acquisition will serve as the Hong Kong headquarters for both Alibaba and Ant Group [1] - This strategic investment highlights the companies' recognition of Hong Kong as an international business hub and global financial center [1] - The investment reflects optimism regarding Hong Kong's new role in promoting innovation and technology development [1] Group 2: Market Reaction - Following the announcement, Alibaba-W's stock rose over 4%, reaching HKD 160.6, with a trading volume of HKD 2.892 billion [1]