The first major step in expanding cloud computing business outside the mainland

The revenue from Alibaba's cloud computing business is small compared with the revenues that rely mainly on advertising and commission, but with the rapid increase in trading on the Aliping platform, data-management services could be a major step forward for Alibaba.

Alibaba set up its cloud computing business unit in 2009 to meet the needs of sellers using its platform. Alibaba last week's IPO document showed that its cloud computing business earned $90 million trillion in the last three quarters of 2013, accounting for 1.4% of the group's total revenue.

With the establishment of the Aliyun Hong Kong data center, Alibaba's Taobao cat from Hong Kong, Taiwan and Singapore, the beginning of the world to go. Aliyun official website shows, already in China's Hangzhou, Qingdao and Beijing has a data center.

U.S. and global investors are keeping a close eye on Ali's steps to decide whether to take part in the company's IPO. It is expected that Alibaba's valuation could reach between 150 billion and 250 billion dollars, making it one of the world's most valuable technology companies.

Alibaba said the new data centre in Hong Kong is working with Hong Kong's local gas company, the Hong Kong and China Gas Corporation. Alibaba did not disclose the cost of construction facilities.