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Alibaba’s Jack Ma wants role in helping Hong Kong become ‘fashionable’, cashless society

Boss of China’s e-commerce giant tells of ambition in meeting with Hong Kong leader Carrie Lam

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Hong Kong Chief Executive Carrie Lam meets Jack Ma at Alibaba’s headquarters in Hangzhou. Photo: Handout

Alibaba founder Jack Ma Yun has offered to play a bigger role in helping Hong Kong develop into a “more fashionable”, cashless society.

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The boss of China’s e-commerce giant expressed the group’s ambition during a meeting with visiting Hong Kong leader Carrie Lam Cheng Yuet-ngor on Wednesday at the company’s headquarters in Hangzhou, capital of Zhejiang province.

Lam’s stopover was a key item on her itinerary during a two-day trip to Shanghai and Hangzhou to call on political and business leaders in order to foster closer economic cooperation.

Ma told Lam that Alibaba hoped to help Hong Kong transform into a cashless society by taking advantage of its growing data clouding and e-payment systems.

Lam earlier called on Shanghai Communist Party secretary Han Zheng (centre) and mayor Ying Yong. Photo: Handout
Lam earlier called on Shanghai Communist Party secretary Han Zheng (centre) and mayor Ying Yong. Photo: Handout
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“Such a society would make Hong Kong more fashionable, modern, and efficient,” he said.

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