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Investing in Hong Kong, Alibaba has arrived! Alibaba's Entrepreneur Fund has established a 0.15 billion dollar AI Fund.
① Alibaba's Entrepreneur Fund announced the establishment of an AI Fund, amounting to 0.15 billion USD, primarily covering Industries where AI can be deeply applied. ② Almost at the same time, ByteDance founder Zhang Yiming also arrived, and his investment Institutions officially acquired Hong Kong's No. 9 license to start investing in the AI field. ③ This year, Hong Kong ranks eighth among the top ten regions globally in terms of total financing for AI enterprises.
Fubon Insurance has released the price for clearing 16.667% equity of its parent company, Tencent Weibo, which is valued at 70% of its worth three years ago.
① The transaction price for the Equity Transfer of Tengfubo is RMB 1.9 per share, with a total transfer price of RMB 0.236 billion; ② It is reported that in 2021, the Equity Transfer was RMB 2.61 per share, and three years later, Tengfubo's valuation has been discounted to 73%; ③ Tengfubo is the parent company of Tencent Weiba, established by Yimashentong and Fubon Property & Casualty Insurance, both subsidiaries of Tencent.
