The deal is reportedly worth around HK$7 billionHong Kong Economic Times reported that Alibaba is in discussions to purchase the upper 13 floors of One Causeway Bay. PHOTO: BLOOMBERG[SINGAPORE] Mandarin Oriental is in talks to sell part of One Causeway Bay in Hong Kong to a buyer, which various media reports have identified as Jack Ma’s Alibaba Group. Alibaba and its affiliates currently lease 10 floors at Times Square in Causeway Bay, and their tenancy is due to expire in 2028, the publication said. Developed by Mandarin Oriental Hotel Group, One Causeway Bay has 29 floors of office and retail space, according to the website of property company CBRE. Additional reporting by Bloomberg in Hong Kong