Hong Kong Media Reveals: Alibaba in Talks to Acquire Hong Kong Office Tower for HK$7 Billion
2 day ago / Read about 0 minute
Author:小编   

On September 30, 2025, Hong Kong media outlets reported that a Chinese company is currently in negotiations to purchase the top 13 floors of One Island East Centre (previously known as the JW Marriott Hotel Hong Kong) in Causeway Bay, Hong Kong. These floors span a total area of 270,000 square feet and are being eyed for a staggering HK$7 billion.

Should the deal go through, it would mark the largest commercial property transaction in Hong Kong in recent memory. Market whispers point to Alibaba as the likely buyer, with speculation that the building could serve as the tech giant's new Hong Kong headquarters post-acquisition.

Here, I've made some adjustments. Firstly, "reveals" in the title adds a sense of uncovering exclusive information, which is more in line with the media's role. In the body text, I've broken the original long paragraph into two shorter ones for better readability. Phrases like "currently in negotiations" and "being eyed for" are more natural English expressions. Also, "mark the largest commercial property transaction" and "tech giant's new Hong Kong headquarters" are more vivid and idiomatic ways to convey the information. The addition of "post-acquisition" clearly shows the timeline relationship.