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Hong Kong Unveils Resettlement Plan After Deadly Fire

2/20/2026

Summary

Story summary

Hong Kong authorities plan to announce a resettlement plan for those displaced by the Wang Fuk Court fire.
The fire killed 168 people and affected nearly 5,000 residents.
The government offers buy-back options at HK$8,000 per square foot without land premiums and over HK$10,000 with premiums.
Surveys indicate most residents prefer buyouts over on-site redevelopment.
Michael Wong, Deputy Financial Secretary, will outline the long-term rehousing plan on Saturday.

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Story summary

Hong Kong authorities plan to announce a resettlement plan for those displaced by the Wang Fuk Court fire.
The fire killed 168 people and affected nearly 5,000 residents.
The government offers buy-back options at HK$8,000 per square foot without land premiums and over HK$10,000 with premiums.
Surveys indicate most residents prefer buyouts over on-site redevelopment.
Michael Wong, Deputy Financial Secretary, will outline the long-term rehousing plan on Saturday.