Jack Ma, billionaire and chairman of Alibaba Group Holding, waves during the World Economic Forum (WEF) in Davos, Switzerland last Thursday. Most applicants for the Alibaba Entrepreneurs Fund in Hong Kong fund are technology start-ups, the company said. Photo: Bloomberg

China’s Alibaba mulling 10 ‘creative’ start-ups in Hong Kong for HK$1 billion investment fund

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Jack Ma, billionaire and chairman of Alibaba Group Holding, waves during the World Economic Forum (WEF) in Davos, Switzerland last Thursday. Most applicants for the Alibaba Entrepreneurs Fund in Hong Kong fund are technology start-ups, the company said. Photo: Bloomberg
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