Core Insights - Alibaba Hong Kong Entrepreneurs Fund (AEF) celebrates its 10th anniversary with total investments reaching $94 million (approximately HKD 733 million) and an expanded portfolio from 6 to 84 global startup projects [1] - AEF aims to be a significant player in the local startup ecosystem, promoting innovation both locally and globally [1] - The fund has nurtured 7 unicorn companies, including the first Hong Kong unicorn to be listed on NASDAQ, and has attracted over $2.8 billion in co-investments while creating over 2,200 jobs in Hong Kong [1] Investment Strategy - AEF operates similarly to traditional venture capital funds, seeking outstanding projects and leveraging Alibaba's resources to ensure their success [1] - After exiting investments, AEF reinvests all principal and returns into the next generation of innovative projects, creating a sustainable growth cycle [1] Global Expansion and Impact - AEF has expanded its reach to the Greater Bay Area and is gradually moving towards global markets, aiming to attract top startups and talent to Hong Kong [1] - The fund's efforts contribute to solidifying Hong Kong's position as a global innovation hub [1] Leadership Perspective - Alibaba co-founder and chairman Joe Tsai emphasizes AEF's commitment to driving innovation and fostering entrepreneurial spirit in Hong Kong and globally since 2015 [1] - The organization is dedicated to supporting the next generation of entrepreneurs and building a sustainable ecosystem that creates real value for society in a digital future [1]