News: 2024.03.15
Alibaba Entertainment, a subsidiary of Alibaba (09988), has joined forces with more than 10 Hong Kong entertainment companies including Television and Broadcasting to launch the "Hong Kong Arts Revitalization Plan" and plans to invest no less than 5 billion yuan within five years to develop Hong Kong dramas, movies, performances and young talents. This initiative aims to revitalize Hong Kong's cultural industry and provide more opportunities for local artists and performers.
According to the latest data, Hong Kong people spend astonishingly on raising fur babies, with the average cost of each fur baby being as high as HK$680,000. This includes food, healthcare, toys and other related expenses. For many families, pets have become an integral part of life.
On the other hand, Cathay Pacific finally turned around last year, achieving a profit of HK$9.8 billion, reversing five consecutive years of losses. This is an important milestone, showing the success of the company's business strategy and the recovery of the market. Cathay Pacific will continue to work hard to improve performance and provide passengers with better services.
The launch of the "Hong Kong Arts Revitalization Plan" will bring new vitality and opportunities to Hong Kong's cultural industry. By investing funds and resources, Alibaba aims to cultivate more local cultural talents, promote the development of Hong Kong dramas and movies, and bring more exciting works to audiences.
As people's love and attention for pets continues to increase, Hong Kong people's expenses on raising fur babies have also increased. From food to medical care, from toys to beauty care, every detail requires careful care, which also reflects people's attitude towards caring for their pets.
Cathay Pacific achieved a profit of HK$9.8 billion last year, successfully reversing five consecutive years of losses. This achievement not only reflects the company's strength and competitiveness, but also brings positive confidence and outlook to the entire aviation industry.