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Alibaba Boosts Hong Kong Creative Industry
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Alibaba's media arm, part of the 'Hong Kong Cultural and Art Industry Revitalisation Program,' is investing $640 million in Hong Kong's creative industries, focusing on films and talent development.
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How might this investment impact the quality and diversity of Hong Kong films?
In what ways could this initiative influence other tech and media companies to invest in local creative industries?
What competitive advantages could Alibaba gain by establishing its second headquarters in Hong Kong?
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