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South China Morning Post - Hong Kong

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Website title: International Edition | South China Morning Post

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Residents and mourners have demanded that the Hong Kong government ramp up its investigations to hold responsible parties accountable, as they gathered to mark the seventh day after the start of the city’s worst fire in seven decades. Hundreds of people assembled at the Kwong Fuk sit-out area on Tuesday, laying flowers, writing messages of grief and praying for those who died in...

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Yayuk Setyawati tried desperately to contact her sister when she learned the Hong Kong housing estate where her sibling lived and worked had caught fire on November 26. Her messages went unanswered. It took four days before a DNA test confirmed that her sister, a foreign domestic worker, had lost her life in the blaze at Wang Fuk Court. The bodies of Sri Wahyuni and the elderly ...

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The Coroner’s Court has postponed a long-awaited verdict for an inquest into one of Hong Kong’s deadliest maritime disasters, in which 39 residents died after a collision between two ferries in 2012. The court was slated to make a ruling on Thursday on the underlying causes of the crash, which took place off Lamma Island, that had not been identified by a previous government-app...

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Hong Kong’s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of a deeper pullback this month as the Christmas holidays along with deferred launches of new homes following the deadly fire in Tai Po weigh on sentiment. Sales of new and lived-in homes, office units, shops, car parking spaces and industrial properti...

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The devastating fire in Tai Po is likely to hurt profitability at Hong Kong’s property insurers and could prompt them to review pricing strategies that have led to lower premiums amid fierce competition, according to S&P Global Ratings. “Claim losses from last week’s fire at Wang Fuk Court in Tai Po will further erode the sector’s underwriting margins,” said Emily Yi Chang Yoon,...

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