BABA-W (09988.HK) +0.700 (+0.575%) Short selling $180.45M; Ratio 5.725% ’s digital technology and intelligence arm, Alibaba Cloud, announced today a partnership with HashKey, a digital asset financial services group, to propel Web3 innovation and business growth.Wang Ran, General Manager of Alibaba Cloud Hong Kong, stated that the Web3 industry demands humungous computing, storage, and network resources, placing high requirements on infrastructure performance, scalability, and compliance - areas where Alibaba Cloud excels. Related NewsBOCOMI: Positive Improvement Expected in Int'l/ Domestic Mkts w/ Positive Catalyst for HK Stocks; Focus on 3 Main Lines SuggestedHong Kong has been fortifying its position as a global Web3 innovation hub in recent years, and the company looks forward to supporting this trend with its expertise, said Wang.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-21 12:25.)