Jack Ma, Alibaba, and Ant Group donated a total of 60 million Hong Kong dollars to support Hong Kong.

On the afternoon of November 26, a Level 5 fire occurred at Hong Fuk Court in Tai Po, Hong Kong, resulting in significant casualties and losses. The community responded promptly with assistance.

On November 27, Alibaba Group initiated the first batch of donations, amounting to HKD 20 million, to support Hong Kong’s fire rescue operations as well as subsequent transitional resettlement, supply of daily necessities, and emotional counseling.

At the same time, Alibaba Group has activated its emergency disaster response mechanism. Its subsidiaries such as Cainiao are mobilizing emergency supplies like food and bedding from nearby locations, delivering them to the affected areas to help residents in need get through this difficult period.

Alibaba Group expressed its deep condolences to the victims of the fire, extended sincere sympathies to all affected families and communities, and conveyed the highest respect to every heroic rescuer who moved against the danger. “Alibaba will continue to monitor subsequent disaster relief efforts and cooperate with all parties to help resettle the victims. We wish safety to the affected residents and hope life returns to normal soon.”

Meanwhile, The Jack Ma Foundation has also donated HKD 30 million to assist Hong Kong, providing financial aid to families and individuals affected by the disaster.

Ant Group and AlipayHK, a local enterprise, made an initial donation of HKD 10 million to support emergency rescue, transitional resettlement, and supply of daily necessities for those affected. It is understood that AlipayHK’s homepage has opened a dedicated aid channel to enable Hong Kong citizens to participate in charity rescue projects promptly.

Risk Disclosure and DisclaimerMarkets are risky, and investment requires caution. This article does not constitute individual investment advice, nor does it take into account particular users’ specific investment objectives, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their own circumstances. Investments made accordingly are at your own risk.