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HK Allocates HK$4.4 Billion for Tai Po Fire Victims

1/17/2026

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Summary

Story summary

The Hong Kong government allocated HK$4.4 billion (US$564 million) for Tai Po fire victims and will earn interest via fixed deposits, per Home Affairs Minister Alice Mak Mei-kuen.
The Treasury has invested an appropriate portion of unallocated funds to generate interest, according to Mak.
The fund comprises HK$4.1 billion in donations and HK$300 million in seed money, with HK$1.2 billion already distributed to residents, including HK$600 million in rental grants.

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Story summary

The Hong Kong government allocated HK$4.4 billion (US$564 million) for Tai Po fire victims and will earn interest via fixed deposits, per Home Affairs Minister Alice Mak Mei-kuen.
The Treasury has invested an appropriate portion of unallocated funds to generate interest, according to Mak.
The fund comprises HK$4.1 billion in donations and HK$300 million in seed money, with HK$1.2 billion already distributed to residents, including HK$600 million in rental grants.