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Source: Hong Kong Information Services

In view of the No. 5 alarm fire at Wang Fuk Court in Tai Po that had caused multiple casualties, the Chief Executive convened an interdepartmental urgent meeting yesterday afternoon. The Government’s Emergency Monitoring & Support Centre was then activated, with officers from relevant departments closely monitoring the situation, co-ordinating efforts to strive to alleviate the impact of the fire.

The Government said its top priority is to extinguish the fire and rescue trapped residents; the second is to treat the injured; the third is to provide post‑incident support, offer assistance to the families of the deceased, the injured and affected residents; and the fourth is to conduct a thorough investigation to determine the cause of the fire.

Firefighting, police work

The Fire Services Department (FSD) received reports at 2.51pm yesterday that a fire broke out at Wang Fuk Court. Its staff arrived speedily at 2.56pm and discovered that the scaffolds outside the building had caught fire, and that the blaze had spread to the interior and other buildings. Firefighting and rescue operations began immediately. The fire was upgraded several times and reached the No. 5 alarm at 6.22pm.

Eleven jets and eight turntable ladders have been deployed for water spraying, and 26 search and rescue teams are handling assistance calls at scene. During the operation, the FSD dispatched over 200 fire appliances and about 100 ambulances, and mobilised over 1,200 fire and ambulance personnel.

Separately, police officers set up a command post upon arrival and mobilised over 1,000 staff to co-ordinate residents’ evacuation, rescue operations and emergency support.

In addition to directing traffic at the scene and surrounding areas, Police also implemented road closures, traffic control measures and diversions to facilitate rescue operations.

Moreover, the force has set up a casualty enquiry hotline. If members of the public suspect that their relatives or friends have gone missing in relation to the fire, they can call 1878 999 for assistance.

During the operation, the Auxiliary Medical Service has deployed six ambulances and 33 staff to provide on-site treatment and transport the injured to hospitals.

Medical care

Upon the FSD’s notification about the blaze, the Hospital Authority immediately activated the Major Incident Control Centre to co-ordinate contingency measures, with the accident and emergency departments of nine public hospitals having been alerted to standby to receive casualties. Among them, Alice Ho Miu Ling Nethersole Hospital, Prince of Wales Hospital and North District Hospital mobilised their full resources for rescue efforts.

Meanwhile, North District Hospital and Prince of Wales Hospital also sent staff to the incident site to help triage and provide initial treatment to patients.

The burn centres of Queen Mary Hospital and Prince of Wales Hospital, as well as Pamela Youde Nethersole Eastern Hospital’s hyperbaric oxygen therapy centre, were prepared for the incident to receive patients anytime.

Evacuation needs

In response to the evacuation needs involving Kwong Fuk Estate, staff members of the Housing Department and the management company concerned have provided assistance to residents. The Housing Bureau and the Housing Department have also been maintaining close contact with the Home Affairs Department and the Social Welfare Department to provide full assistance to the affected residents, including arranging those at Wang Fuk Court and Kwong Fuk Estate in need to move to transitional housing, interim housing or transit centres.

The Tai Po District Office (TPDO) has opened multiple temporary shelters for residents in need. As at 9.30pm yesterday, about 900 people were using the shelters.

The TPDO has deployed all 19 District Services & Community Care Teams across the district to provide support, while the Sha Tin District Office (STDO) nearby and its care teams have provided cross-district support. Care teams in other districts will also be mobilised to provide appropriate support.

The TPDO, STDO and North District Office have set up interdepartmental help desks at Alice Ho Miu Ling Nethersole Hospital, Prince of Wales Hospital and North District Hospital to provide assistance and handle public enquiries.

Welfare, emotional support

Additionally, the TPDO will provide assistance to families of the deceased and injured in their applications for the Emergency Relief Fund or the Special Aid Fund, as well as liaise with various assistance funds operated by other charitable organisations.

The Social Welfare Department has deployed social work officers and supporting staff to the help desks and shelters to offer help to the residents. Besides, the Civil Aid Service mobilised over 100 people to assist with the operation of the temporary shelters.

Medical social workers will provide emotional support to the injured and their families.

Through liaison by the TPDO, the Hong Kong Red Cross deployed staff to the temporary shelters to provide emotional support and medical assistance.

The Health Bureau has also arranged for the “18111 – Mental Health Support Hotline” to step up its manpower to handle calls. Moreover, support information on coping with stress or negative emotions has also been posted to the “Shall We Talk” social media channels.

Building safety

Last month, the Buildings Department (BD) issued a circular letter to all registered building professionals and registered contractors, urging them to inspect and ascertain that the protective net and the like used in their construction projects are in compliance with the recognised standards in terms of fire-retardant capability.

Wang Fuk Court is a sold property under the Home Ownership Scheme (HOS). The works are carried out by Prestige Construction & Engineering, a registered contractor hired by the Incorporated Owners of the HOS court. The Housing Bureau’s Independent Checking Unit (ICU) exercises building control over the works in accordance with the Buildings Ordinance.

The ICU will conduct an investigation into the fire. If violations of the Buildings Ordinance are found, the case will be referred to the BD for handling, including prosecution or disciplinary proceedings.

In response to the fire, the BD and the ICU will carry out special operations targeting ongoing construction projects. Registered building professionals and registered contractors will be required to review records or test certificates relating to the fire-retardant properties of the protective nets and the like used in scaffolds, and submit reports.

As at midnight, the Tai Po fire has resulted in 36 deaths and 36 injuries, including one fireman among the deceased.

Source: Hong Kong Government special administrative region – 4

Jointly organised by the Hong Kong Fashion Council, Women’s Wear Daily (WWD), and Sourcing Journal (SJ), the WWD x SJ Global Fashion & Business Conference and the WWD Fashion Loves Culture Gala were held today (November 26). As one of the flagship programmes of the second edition of the Hong Kong Fashion Fest, spearheaded and funded by the Government, the events attracted fashion and design industry from all over the world to participate, demonstrating Hong Kong’s strength as an Asian fashion design hub.

The conference, themed “Global Creativity and the Fashion Imagination”, brought together international and local fashion industry leaders to explore topics such as cross-cultural creativity, heritage and innovation, fashion narratives, and the global supply chain. It fosters exchange and collaboration within the international industry community and highlights Hong Kong’s unique advantage as a bridge between the Chinese Mainland and the international market. With the theme “Fashion Loves Culture”, the Gala further highlighted Hong Kong’s dynamism and potential as a global business hub and a capital of new fashion design.

Speaking at the conference this morning, the Under Secretary for Culture, Sports and Tourism, Mr Raistlin Lau, said that this conference gathered visionary minds to dive into inspiring topics at the forefront of fashion. At the same time, it convened fashion leaders from around the globe for insightful dialogues on the industry’s future, reflecting Hong Kong’s unique position as a gateway between the Chinese Mainland, Asia and the world.

The second edition of the Hong Kong Fashion Fest is presented by the Government of the Hong Kong Special Administrative Region, spearheaded and sponsored by the Cultural and Creative Industries Development Agency under the Culture, Sports and Tourism Bureau. For details of the WWD x SJ Global Fashion & Business Conference and the WWD Fashion Loves Culture Gala, please refer to the official social media channels. For more information about the Hong Kong Fashion Fest, please visit: www.hongkongfashionfest.com.

Source: Hong Kong Government special administrative region – 4

A Government spokesman said today (November 27) that, in view of the No. 5 alarm fire at Wang Fuk Court in Tai Po that had caused multiple casualties, the Chief Executive convened an interdepartmental urgent meeting yesterday afternoon (November 26). The Government’s Emergency Monitoring and Support Centre was activated immediately and officers from relevant departments closely monitored the situation in real time, co-ordinating efforts to strive to alleviate the impact of the fire.

Various government departments and units are making every effort on multiple fronts: the top priority is extinguishing the fire and rescuing trapped residents; the second is treating the injured; the third is providing post‑incident support, offering assistance to the families of the deceased, the injured, and affected residents; and the fourth is conducting a thorough investigation to determine the cause of the fire.

The Fire Services Department (FSD) received reports at 2.51pm yesterday that a fire broke out at Wang Fuk Court in Tai Po. Fire services personnel arrived speedily at 2.56pm and discovered that the scaffolds outside the building had caught fire, and that the fire had spread to the interior and other buildings. Firefighting and rescue operations began immediately. The fire was upgraded several times and reached No. 5 alarm at 6.22pm yesterday.

Currently 11 jets and eight turntable ladders are deployed at the scene for water spraying, and 26 search and rescue teams are handling assistance calls at scene. During the operation, the FSD has dispatched over 200 fire appliances and about 100 ambulances, and mobilised over 1 200 fire and ambulance personnel.

Police officers immediately set up a command post upon arrival and mobilised over 1 000 personnel to co-ordinate residents’ evacuation, rescue operations and emergency support.

Police officers also directed traffic at the scene and surrounding areas, implementing road closures, traffic control measures and diversions to facilitate rescue operations. Police will adjust road closure areas and special traffic arrangements as necessary taking into account rescue operations. Motorists are urged to exercise patience and follow instructions from officers at scene.

Moreover, a casualty enquiry hotline has been set up by the Police. If members of the public suspect their relatives or friends are missing in relation to the fire incident, please call the Police hotline on 1878 999.

During the operation, the Auxiliary Medical Service has deployed six ambulances and 33 personnel to provide on-site treatment and transport the injured to hospitals.

Upon notification by the FSD about the incident, the Hospital Authority immediately activated the Major Incident Control Centre to co-ordinate contingency measures, with the accident and emergency departments of nine public hospitals (including Alice Ho Miu Ling Nethersole Hospital, Prince of Wales Hospital, North District Hospital, Queen Elizabeth Hospital, Kwong Wah Hospital, Pok Oi Hospital, Princess Margaret Hospital, Queen Mary Hospital and United Christian Hospital) having been alerted to standby to receive the casualties. Among them, the three acute hospitals in the New Territories East Cluster (i.e. Alice Ho Miu Ling Nethersole Hospital, Prince of Wales Hospital and North District Hospital) in the New Territories East Cluster along with their accident and emergency departments and other departments such as intensive care units and burn units, mobilised their full resources for rescue efforts.
 
Meanwhile, North District Hospital and Prince of Wales Hospital also dispatched personnel to the incident site to help triage and provide initial treatment to patients. As the incident involved a number of patients, the burn centres of Queen Mary Hospital and Prince of Wales Hospital, as well as the hyperbaric oxygen therapy centre of Pamela Youde Nethersole Eastern Hospital, were prepared for the incident to receive patients anytime.      

In response to need for evacuation involving residents of Kwong Fuk Estate, staff members of the Housing Department and the management company concerned have provided assistance to residents on-site. The Housing Bureau and the Housing Department have also been maintaining close contact with the Home Affairs Department and the Social Welfare Department to provide full assistance to the affected residents, including arranging the residents of Wang Fuk Court and Kwong Fuk Estate in need to reside in transitional housing, interim housing or transit centres.

The Tai Po District Office (TPDO) has opened eight temporary shelters for residents in need and has arranged shuttle bus services for residents. As at 9.30pm yesterday, about 900 persons are using the shelters. The TPDO will continue to closely monitor the situation and open more shelters as necessary. 

The TPDO has deployed all 19 Care Teams across the district to provide support, while the Sha Tin District Office (STDO) nearby and its Care Teams have also provided cross-district support. Care Teams in other districts will also be mobilised to provide appropriate support. The TPDO, STDO and North District Office have also set up interdepartmental help desks at Alice Ho Miu Ling Nethersole Hospital, Prince of Wales Hospital and North District Hospital to provide assistance and handle public enquiries. The TPDO will provide assistance to families of the deceased and injured in their applications for the Emergency Relief Fund or the Special Aid Fund, as well as liaise with various assistance funds operated by other charitable organisations.

The Social Welfare Department has deployed social work officers and supporting staff to the help desks and shelters for provision of assistance to the residents. Besides, the Civil Aid Service also mobilised over 100 personnel to assist with the operation of the temporary shelters. In addition, medical social workers are also providing emotional support to the injured persons and their families. Through liaison by the TPDO, the Hong Kong Red Cross deployed personnel to the temporary shelters to provide emotional support and medical assistance to people in need. The Health Bureau has also arranged for the “18111 – Mental Health Support Hotline” to step up its manpower to handle calls from people with needs for emotional support in relation to the fire. Moreover, support information on coping with stress or negative emotions has also been posted to “Shall We Talk” social media channels.

The Buildings Department (BD) has long been implementing strict requirements on the use of fire retardant protective nets, screens, tarpaulins, plastic sheeting and the like for scaffolds to prevent the spread of fire should a fire occur. Last month, the BD issued a circular letter to all registered building professionals and registered contractors, urging them to inspect and ascertain that the protective net and the like used in their construction projects are in compliance with the recognised standards in terms of fire retardant capability. 

Wang Fuk Court is a sold property under the Home Ownership Scheme (HOS). The works are carried out by Prestige Construction & Engineering Company, Limited, a registered contractor hired by the Incorporated Owners of the HOS court. The Independent Checking Unit of the Housing Bureau (ICU) exercises building control over the works in accordance with the Buildings Ordinance. Regarding the fire incident, the ICU will conduct an investigation. If any violations of the requirements of the Buildings Ordinance are found, the case will be referred to the BD for handling in accordance with the ordinance, including prosecution or disciplinary proceedings.

In response to the fire incident, the BD and the ICU will also carry out special operations targeting ongoing construction projects. Registered building professionals and registered contractors will be required to review relevant records or test certificates relating to fire retardant properties of the protective nets and the like used in scaffolds, and submit their reports to the relevant departments.

As at midnight, the fire has resulted in 36 deaths and 36 injuries, including one fireman among the deceased. The FSD is making every effort to extinguish the fire, which is gradually under control. Staff from various government departments will continue to fulfil their duties diligently, fully engaging in response and relief work, as well as providing appropriate support to citizens in need.

Source: Hong Kong Government special administrative region – 4

     Following is the speech by the Financial Secretary, Mr Paul Chan, at the Hong Kong Association Luncheon in the United Kingdom today (November 26, London time):

Adrian (Chairman, Hong Kong Association, Mr Adrian Cartwright), Members of the Hong Kong Association, ladies and gentlemen, Friends of Hong Kong all,

     Good afternoon.

     Thank you for inviting me to once again to this welcome lunch.

     As English writer Douglas Adams once said, “When people you greatly admire appear to be thinking deep thoughts, they probably are thinking about lunch.” Now that we are together, again, over lunch, let’s move on to deeper thoughts.

     Starting with dinner. I trust you had a splendid evening at the Hong Kong Dinner last night  ̶  good company, good conversation and just enough wine to encourage networking, but not enough to cloud your memory of it.

     This afternoon, I would like to speak about a subject central to Hong Kong’s future: how we are reinventing Hong Kong and securing long-term economic growth through innovation and technology.

Innovation as an Economic Driver

     In Hong Kong, I&T is fast emerging as a cornerstone of our economic transformation. Over the past several years, we have invested more than £20 billion in I&T, underpinned by a comprehensive strategy that supports the entire innovation value chain.

     It helps that we are blessed with considerable strengths in basic research. Hong Kong is home to five universities ranked among the global top 100. Three are among the world’s top 20 in artificial intelligence and data science, while both our medical schools rank in the top 25 globally.

     We know that research without commercialisation is a bit like inventing the lightbulb and forgetting to sell electricity. That is why we are focused on translating knowledge into usable, scalable innovation.

     To that end, we are attracting strategic enterprises to Hong Kong  ̶  companies that bring capital, as well as jobs, international networks, and ambition. We’ve introduced a broad range of funding schemes to boost collaboration between academia, research institutions and industry. Because innovation thrives best when silos are dismantled and partnerships built.

     At last count, Hong Kong was home to nearly 4 700 start-ups, up a remarkable 40 per cent over the past five years. Hong Kong Science Park and Cyberport, our innovation flagships, continue to support start-ups and scale-ups, providing everything from incubation and funding to professional consultancy and market development. I should note that 28 per cent of our start-up founders are non-locals, with the UK our largest source of foreign founders.

Strategic Industries

     We are prioritising four strategic industries: artificial intelligence, biotechnology, fintech, and new energy and new materials. For the next few moments, allow me to elaborate on the first two: AI and biotech, where we are making tremendous strides.

Artificial Intelligence

     AI is no longer the future. It’s here now, transforming industries and ways of life at an unprecedented scale and pace. In Hong Kong, we are taking a dual-pronged strategy. First, by nurturing AI as a core industry; and second, by embedding AI technology into traditional sectors to improve productivity, efficiency, and competitiveness. We call this approach “AI+”.

     Our progress is built on six pillars: computing power, algorithms, data access, application development, capital investment, and talent cultivation.

     And there’s more. Including the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, or Loop Area. There, Mainland and international data will converge, opening up unprecedented opportunities for data-driven innovation, including AI.

     Then there’s the Greater Bay Area, which gives Hong Kong a geographic and strategic edge. It is the only region in the world where mechatronics and AI technologies coexist at scale. For companies looking to move from algorithm to application to deployment, the Greater Bay Area is the ideal testing ground. There, prototypes can be refined, validated, and scaled within a sophisticated supply chain.

     Hong Kong is also fast becoming a magnet for global AI talent. As Jensen Huang, CEO of Nvidia, pointed out, roughly half the world’s top AI researchers are ethnic Chinese. A good many of them are choosing Hong Kong as their base – for academic research, for commercial ventures, and for partnerships across Asia.

Biotechnology

     Turning to biotech, we are now developing a primary evaluation mechanism for drug approvals. This will allow Hong Kong to independently assess and approve medical products and devices. And that, ladies and gentlemen, is a game-changer.

     It will strengthen Hong Kong’s role as a regional centre for medical research and clinical development. To support this transition, we are establishing the Hong Kong Centre for Medical Products Regulation, and we have joined the International Council for Harmonisation as an observer. We are also investing in the infrastructure, systems and talent necessary to support the new regulatory regime. The plan is to begin phased implementation in 2026, with full rollout by 2030.

     And Hong Kong and Shenzhen have established cross-boundary clinical trial institutions in the Loop Area. These support studies complying with the standards and requirements of both jurisdictions.

     Already, major players like AstraZeneca and GSK have chosen Hong Kong as a base for R&D, while exploring opportunities in the Loop Area. For UK pharmaceutical firms and biotech ventures, this is a golden opportunity to gain direct access to Hong Kong, and to the vast Greater Bay Area, with its consumer population of some 87 million.

     We are also investing in the next generation of medical innovators. The Hong Kong University of Science and Technology is establishing Hong Kong’s third medical school, which will admit its first cohort in 2028/29. This will boost our supply of clinician-scientists. I’m confident, too, that it will attract top international faculty and students, deepening our role as a centre for medical education and translational research. The medical school will eventually relocate to the Northern Metropolis, alongside the area’s innovation clusters.

Capital for Innovation

     For that, and more, we need capital. Hong Kong’s capital markets have undergone substantial reforms to enable easier listing for biotech, deep-tech, and innovation-driven companies. These reforms are already making a difference, allowing high-potential firms to raise growth capital from global investors.

     We’ve updated our listing rules to make it easier for biotech, hard-tech, and other strategic companies to go public in Hong Kong. Our goal is simple: to mobilise market funds that support their development.

     Beyond the public markets, Hong Kong boasts a dynamic private capital sector. Our private equity funds manage about US$230 billion in assets, second only to the Mainland in Asia.

     And, through the Hong Kong Investment Corporation, we are strategically investing in high-potential, high-risk and high-return ventures, particularly in hard tech. The Investment Corporation has, to date, invested in more than 150 projects, taking in over six dollars of private investment for every public dollar invested.

     The Corporation is also working closely with international partners to support commercialisation and global expansion. I invite British firms to explore co-investment opportunities, joint ventures, and technology partnerships through the Corporation. Innovation, after all, respects no borders; nor should investment strategies.

Northern Metropolis: Infrastructure for Innovation

     More than home to Hong Kong’s third medical school, the Northern Metropolis will rise as Hong Kong’s new economic engine and innovation and technology centre. We are fast-tracking its development through dedicated legislation and flexible land development initiatives.

     Three key anchors within the Northern Metropolis will, I believe, be of particular interest to British businesses and institutions.

     First is the Loop Area, which I’ve already mentioned. The zone is being designed to enable seamless collaboration between Hong Kong and Shenzhen. That includes cross-boundary clinical trials and data flow from the Mainland to Hong Kong.

     Then there’s the San Tin Technopole, which spans 210 hectares and is dedicated to high-end I&T development. Its outline plan has just been released. When fully realised, the Technopole is expected to contribute £25 billion annually to our GDP, generating 300 000 high-quality jobs.

     And third, the Northern Metropolis’ University Town, which will cover some 90 hectares. University Town will attract top-tier local and international universities, encouraging collaboration between academia and industry, creating an environment where students, researchers and entrepreneurs work side by side, bridging theory and practice, classroom and commerce. And it will be where we advance the deep and integrated development of technology, education and talent.

     The Northern Metropolis is a project of scale, ambition, and purpose. We are building it to integrate technology, sustainability, and cross-boundary connectivity. And I would like to build it with you, with partners who share our vision, and our prodigious appetite for doing big things exceedingly well.

     I invite British construction, architecture, and engineering firms to take part in bringing to bright life this next-generation innovation corridor. And I also welcome UK universities, research institutions, and education partners to explore opportunities within University Town – and throughout this unprecedented innovation-driven development.

     Ladies and gentlemen, the opportunities Hong Kong presents are as diverse as they are substantial. For UK firms, businesses and academic institutions, this is your moment to engage. Whether in AI, biotech, advanced manufacturing, or other new tech areas, Hong Kong is where world-class ideas are inspired, funded and commercialised – across Asia and beyond.

     I look forward to welcoming you to Hong Kong, whether for business, pleasure or simply a well-earned break from the English weather.

     My thanks, once again, to the Hong Kong Association – to you all – for giving me this welcome opportunity to speak to you again. Over lunch.

     I’m now ready to take your questions.

     Thank you.

Source: Hong Kong Government special administrative region – 4

Due to the fire incident at Wang Fuk Court, Tai Po, the Tai Po District Office (TPDO) today (November 26) has opened the following additional temporary shelters for people in need:
 

Name	Address
Tai Wo Neighbourhood Community Centre	Tai Wo Estate, Tai Po
Tung Cheong Street Sports Centre	25 Tung Cheong Street, Tai Po
Hong Kong PHAB Association – New Territories PHAB Centre	Unit 110-115, G/F, Kwong Ping House, Kwong Fuk Estate, Tai Po

The TPDO has opened temporary shelters at Kwong Fuk Community Hall (Kwong Fuk Estate, Tai Po), Tung Cheong Street Community Hall (1/F, Tai Po Tung Cheong Street Leisure Building, 25 Tung Cheong Street, Tai Po), Tai Po Community Centre (Heung Sze Wui Street, Tai Po), Fu Shin Community Hall (12 On Po Road, Tai Po) and “Good House” (The Society of Rehabilitation and Crime Prevention) (168 Shuen Wan Chan Uk, Tai Po) earlier today for residents in need. CCC Fung Leung Kit Memorial Secondary School is also open to accommodate residents evacuated.

Due to police operations, the temporary shelter previously opened at Kwong Fuk Community Hall (Kwong Fuk Estate, Tai Po) has now been closed. 

In addition, apart from the interdepartmental help desk at Alice Ho Miu Ling Nethersole Hospital (hotline: 2658 4040) set up by the TPDO and the interdepartmental help desk at Prince of Wales Hospital (hotline: 3505 1555) set up by the STDO earlier today, the North District Office has set up an interdepartmental help desk at North District Hospital (hotline: 2683 7567) for assistance and public enquiries.

The TPDO will closely monitor the situation, open additional temporary shelters as needed, and liaise with other government departments to provide residents with appropriate assistance.

Source: Hong Kong Government special administrative region – 4

The Transport Department (TD) said tonight (November 26) that, due to the No. 5 alarm fire at Wang Fuk Court in Tai Po, a number of road sections remained closed. The public should heed the latest traffic and transport arrangements before travelling tomorrow morning (November 27), plan ahead their journeys and reserve sufficient time.

All lanes of the section of Tai Po Road – Yuen Chau Tsai (both bounds) between Nam Wan Road and Tolo Highway; the only lane of the slip roads leading from Tolo Highway (both bounds) to Tai Po Road – Yuen Chau Tsai; all lanes of Kwong Wang Street (both bounds); and all lanes of the section of Yuen Shin Road (Ting Kok Road bound) between Tolo Highway and Tai Po Tai Wo Road were still closed to all traffic. Motorists should opt for other roads.

As for public transport, about 40 daytime and overnight bus routes travelling these road sections were affected and diverted. The public should refer to the bus companies’ website or mobile application for the latest information on the routes, and use railway services as far as possible.

A spokesman for the TD said that, under the co-ordination of the Emergency Monitoring and Support Centre, the TD has been working in concert with departments concerned to closely monitor the fire. Subject to the progress of the operation, the road traffic and public transport services, such as franchised buses, in the vicinity may be affected tomorrow. The public should heed the latest traffic and transport arrangements before travelling, plan ahead and reserve sufficient journey time.

The TD has been steering public transport operators to maintain preparedness and response, with a view to minimising the impact to the commute of passengers. The operation of the TD’s Emergency Transport Co-ordination Centre has been escalated and it will continue to operate round the clock to closely monitor the traffic and public transport conditions in the district. The Area Traffic Control Centre will adjust the timing of on-street traffic signals as needed to alleviate traffic congestion. The public should heed the latest traffic news through radio and television broadcasts, and the HKeMobility mobile application.

Source: Hong Kong Information Services

The Education Bureau expressed deep sorrow and concern over the No. 5 alarm fire at Wang Fuk Court in Tai Po today, noting that it is making all-out efforts to follow up on the needs of various stakeholders and provide appropriate support.

As affected by the fire and obstructed traffic due to road blockages, schools including CCC Fung Leung Kit Memorial Secondary School, Tai Po Baptist Public School, S.K.H. Yuen Chen Maun Chen Primary School, Ling Liang Church M H Lau Secondary School, H.K. & Kowloon Kaifong Women’s Association Sun Fong Chung College and Po Leung Kuk Tin Ka Ping Millennium Primary School will suspend classes tomorrow.

Individual schools that need to suspend classes due to actual circumstances may make such a decision after obtaining consent from the incorporated management committee or the school council according to the established mechanism and notifying the bureau’s Tai Po District School Development Section. The schools should also inform their stakeholders of the decision immediately.

Regarding class suspension arrangements, parents are advised to pay attention to the latest announcements of the bureau and schools.

Tomorrow is the registration date for Primary One Discretionary Places. The bureau will request relevant schools to contact affected parents and make appropriate arrangements on the registration procedures for their children allocated a Primary One Discretionary Place.

Immediately after the incident, the bureau had contacted the school heads association in Tai Po and schools near Wang Fuk Court, and sent educational psychologists and officers from the Tai Po District School Development Section to the temporary shelters at the Fu Shin Community Hall and Good House in Tai Po to offer appropriate support for affected students.

The bureau urges schools and school personnel in the district to pay attention to students’ emotions and provide necessary support for students in need. Educational psychologists and officers of the Tai Po District School Development Section will maintain close contact with the schools and continue to provide them with necessary assistance.

Source: Hong Kong Information Services

Due to the No. 5 alarm fire at Wang Fuk Court in Tai Po, a number of road sections remain closed, the Transport Department said.

Subject to the progress of the operations by government departments, the road traffic and public transport services in the vicinity may be affected tomorrow. Members of the public are advised to heed the latest traffic and transport arrangements before travelling, and reserve sufficient journey time.

The Transport Department announced tonight that the following road sections are still closed to all traffic:

• all lanes of the section of Tai Po Road – Yuen Chau Tsai (both bounds) between Nam Wan Road and Tolo Highway;
• the only lane of the slip roads leading from Tolo Highway (both bounds) to Tai Po Road – Yuen Chau Tsai;
• all lanes of Kwong Wang Street (both bounds); and
• all lanes of the section of Yuen Shin Road (Ting Kok Road bound) between Tolo Highway and Tai Po Tai Wo Road.

As for public transport, about 40 daytime and overnight bus routes travelling these road sections have been affected and diverted. Citizens should refer to bus companies’ websites or mobile applications for the latest information on the routes, and use railway services as far as possible.

Source: Hong Kong Information Services

The Government announced today that to express gratitude for the public’s support in the Legislative Council General Election and for casting their valuable votes on polling day, a thoughtfully designed thank-you card will be produced and presented to voters after they have cast their votes on polling day.

The theme of the thank-you card is “Together We Create a Better Future”, symbolising the collective effort of various sectors of society and the general public to jointly forge a better future for Hong Kong.

The cover of the card features a futuristic design, with the election mascots, the Ballot Box Family, expressing their thanks to citizens. The card was designed by a team at the Hong Kong Generative AI Research & Development Center and produced by the Information Services Department and the Government Logistics Department.

On December 6, the day before the election, the Government will host an Election Fun Day with a series of activities across Hong Kong to welcome the election.

The “Let’s Vote, Together We Create the Future Gala” will be held at Wonderland of the West Kowloon Cultural District that evening, featuring performances by artists, magician and dancers.

The Government will organise carnivals in various locations, such as a civic education carnival at Tai Po Waterfront Park, as well as land and water experience activities along the Wan Chai and North Point waterfronts.

The Leisure & Cultural Services Department will hold “Fun in Sports & LegCo Election” carnival activities at six venues, i.e. Southorn Playground in Wan Chai, Kowloon Park, Kowloon Walled City Park, Hong Kong Velodrome Park, Fanling Playground, and Pak Tai Temple Playground in Cheung Chau.

Various policy bureaus and departments will organise exhibitions and interactive experience activities. The Constitutional & Mainland Affairs Bureau will hold a roving interactive exhibition at Plaza Hollywood in Diamond Hill; while the Environment & Ecology Bureau, in collaboration with Kowloon Motor Bus, will display vintage buses and electric buses at the Yue Lun Street Depot in Lai Chi Kok.

Eight disciplinary forces under the Security Bureau will host activities or open their facilities to the public.

Moreover, various government departments have arranged for various facilities to be open to all citizens for free on December 6 and 7 or to provide souvenirs or special offers, including free admission to the Hong Kong Wetland Park, as well as public swimming pools, and the fee-charging exhibitions of the Science Museum, the Space Museum and the Museum of Art on these two days.

The Environmental Protection Department will offer double GREEN$ Points to the public who recycle at its community recycling network GREEN@COMMUNITY.

Source: Hong Kong Government special administrative region – 4

Following is the speech by the Financial Secretary, Mr Paul Chan, at the Hong Kong Dinner in London, the United Kingdom (UK), yesterday (November 25, London time):

Fred (Chairman of the Hong Kong Trade Development Council, Professor Frederick Ma), Minister Wang (Minister of the Embassy of the People’s Republic of China in the United Kingdom of Great Britain and Northern Ireland, Mr Wang Qi), distinguished guests, ladies and gentlemen,

Good evening. I’m pleased to welcome you to the Hong Kong Dinner in London, a longstanding tradition that celebrates the enduring ties between Hong Kong and the United Kingdom.

I’m delighted to be here, once again, for this good dinner and drinks among the best of company – from London and throughout the UK, from Hong Kong and the Chinese Mainland, too. 

Strong relationship with the UK 

Our relationship with the United Kingdom has been growing from strength to strength. And without a whisper of extortionist tariffs to unravel, I’m happy to add.

Bilateral trade continues to flourish. UK exports to Hong Kong in the four quarters preceding June rose by 6.6 per cent, reaching 16.8 billion pounds. Hong Kong exports to the UK rose even higher – up a rousing 14.8 per cent over the same period, reaching 10.5 billion pounds. 

     Investment ties are expanding, too. Next Tuesday, Hong Kong hosts the UK Investment Conference. The UK’s growth priorities resonate strongly with our city’s vision for development and strategic opportunities.

     Cultural exchange is also looking good and sounding great. Earlier this year, Coldplay performed a record number of sold-out shows at Kai Tak Sports Park, our new cultural landmark. And without a kiss-cam scandal.

     Four Premier League teams have also visited Hong Kong this year, each currently up there in the top ten, except Liverpool, which, surprisingly, trails behind Everton. But I have every confidence they’ll bounce back soon. 

     Beyond culture, sports and entertainment, our shared opportunities are sure to expand. And I’m happy to tell you why.

     It’s been a challenging year for the global economy, for all of us. What with tariff numbers seemingly pulled out of a hat, then back in and out again. Despite these, and other bewilderments, I am pleased to report that Hong Kong is not only weathering the furies but has emerged stronger, more confident, more promising than ever.

The enduring strengths of “one country, two systems”

     “One country, two systems” remains the cornerstone of our continuing prosperity. This has been repeatedly reiterated by President Xi Jinping. It’s also reflected in the latest recommendations for the country’s 15th Five-Year plan, which supports Hong Kong’s singular global role. 

     The common law system and rule of law continue to be a defining feature of our city. The latest World Justice Project rankings show Hong Kong maintaining its position. And we’re once again ahead of several advanced economies, the United States (US) among them.

     A good number of Americans agree. In an American Chamber of Commerce survey, earlier this year, 83 per cent of its members expressed confidence in the rule of law in Hong Kong, up 10 per cent over two years ago. 

     The US Congress said that’s because some US companies had left Hong Kong. Well, we say more and more international companies are coming to Hong Kong. Last year, some 1 400 US companies were operating in Hong Kong, up 9 per cent, while 720 companies from the UK called Hong Kong home, a 12 per cent rise. This year, we are optimistic that more foreign companies will look to Hong Kong for their future.

And in the first nine months of 2025, the number of American visitors to our city rose 15 per cent, to more than 710 000. 

     Obviously, American businesses and American people are smarter than their politicians. 

     We continue to keep our tax system simple and low. Last year, we even reduced import duties on high-value spirits. No surprise, we’ve been enjoying more fine single malts lately – some of them even older than I am!

     Beyond the fundamentals, what sets Hong Kong apart is our resilience, agility and flexibility. These qualities are helping us navigate today’s global challenges, including unilateralism, protectionism and tariffs.

     We all know these measures are unfair, unreasonable and unwelcome. But Hong Kong isn’t responding to tariffs with more tariffs. We continue to uphold our status as a free port, with free flow of capital, goods, talent, and information. We stay aligned with international standards and best practices. Because we know that certainty, consistency and credibility are the foundations of long-term economic success.

     And that has proven to be rewarding. Hong Kong has become a destination for international investors seeking diversification with decent returns amid heightened policy uncertainty. 

The financial market

     The facts speak for themselves. The Hang Seng Index has gained more than 30 per cent, year-to-date, following an 18 per cent rise last year. Average daily turnover has more than doubled, year on year. Our IPO fundraising this year is leading the world, reaching 21 billion pounds by October. Currently, 300 companies are waiting to be listed. 

     The asset and wealth management industry is also flourishing. The total assets under management have reached some 3.5 trillion pounds. 

     Bank deposits are up by over 10 per cent – now over 2.4 trillion US dollars. And that, I’m pleased to say, is more than two times Elon Musk’s new pay package. 

     Financial institutions are flocking to Hong Kong. They want to be closer to their investors and to the investment opportunities we’re creating, day after day. Some fintech firms have even acquired entire buildings to house their expanding operations.

     The Financial Times once described Hong Kong’s financial market rebound as a “comeback with Chinese characteristics”. In truth, it is a comeback driven by global participation. 

     Many cornerstone IPO investors for recent listings, for example, were top US and European funds and sovereign wealth funds from the Middle East, as well as institutions across Asia. For the stock market, international institutional investors account for about half the total trading volume.

The economy 

     Our economy is also gaining momentum. We have registered GDP (Gross Domestic Product) growth for 11 consecutive quarters. And just two weeks ago, we revised upward our GDP forecast for this year from 2 to 3 per cent to 3.2 per cent. That uptick is driven by robust goods and services exports, as well as rising private investment and consumption. 

     Despite the protectionism, merchandise exports are growing at double-digit rates. Hong Kong has pivoted to new markets, strengthening its role in regional and inter-regional trade, particularly as a conduit between the Mainland and ASEAN (Association of Southeast Asian Nations), the Middle East and Europe.

     Tourism and events are back, and in a big way. Visitors are expected to reach 49 million this year, up more than 10 per cent. And Hong Kong is welcoming more visitors through our MICE (meetings, incentives, conferences and exhibitions) events and year-round concerts, festivals and wine-and-dine attractions. 

Finance 

     Looking ahead, Hong Kong is brimming with opportunities. Let me touch on two of our major growth engines, finance, and then innovation and technology, as examples.

     For finance, let me highlight just four points – no spreadsheets, I promise. 

     First, Hong Kong’s super connector role is being enriched into a multidimensional platform. As China continues its high-level two-way opening up, Hong Kong is playing a pivotal role, helping Mainland enterprises go global – to the UK, Europe, and the Global South. A good case in point is CATL (Contemporary Amperex Technology Co Limited), the world’s largest IPO (initial public offering) this year, which uses Hong Kong’s fundraising and professional services to support its global expansion. 

     At the same time, we’re forging new partnerships with markets keen to tap into opportunities in the Mainland and across the region. Our ties with the Middle East and Southeast Asia are growing stronger. 

     Over the past two years, we’ve collaborated closely with Saudi Arabia, launching reciprocal ETFs (exchange-traded funds) and enhancing regulatory cooperation. Just two weeks ago, the Hong Kong Stock Exchange welcomed its first-ever Middle Eastern listing – a significant milestone, hopefully the first of many. 

     Central Asia is showing promise, too. The Kazakhstan Development Bank recently issued “dim sum” bonds totalling renminbi 2 billion, while a Kazakhstani company got listed on our exchange. 

     Second, technology is empowering our capital markets. Nearly 60 per cent of our IPO proceeds this year come from new economy companies. This growth reflects the impact of listing reforms we’ve introduced since 2018, the most recent one smoothing the way for pre-commercial, hard-tech companies to get listed. 

     Third, we’re driving financial innovation. Hong Kong is becoming a global leader in digital assets and Web3 development. We’ve made steady progress in areas such as asset tokenisation, recently issuing the world’s largest tranche of tokenised green bonds. It totalled 1 billion pounds. And yes, you may have heard of our licensing regime for digital asset trading and stablecoins. 

     Fourth, we are building new growth sectors. This year, 12 metal warehouses in Hong Kong were approved by the London Metal Exchange, fuelling our vision as the region’s commodity trading hub. And we’re building a gold trading centre as well. 

     At last year’s dinner, I said we were gunning for London. Well, we may not have overtaken the City just yet, but I’d say we’ve moved a few Tube stops closer. And we’re certainly not getting off at Earl’s Court.

Innovation and technology 

     Then there’s innovation and technology. 

     We’re focusing our efforts on sectors where Hong Kong has a clear competitive edge: AI, biotech, fintech, and new energy and new materials. 

     The Northern Metropolis, a strategic development area bordering Shenzhen, will play a critical role in realising this vision. 

     We’re accelerating its development, by easing planning restrictions and allowing for more flexible development models, including large-scale land disposals for high-impact projects. It will be where land use and industry developments are deeply integrated. 

     And we’re backing it with preferential policy packages to attract top-tier enterprises. These packages can include land grants, discounted premiums, tax incentives and other offers – all designed to make the Northern Metropolis internationally appealing. Think of it as the innovation district where your CFO and your CTO are both happy.

     At the heart of the Northern Metropolis lies the Loop Area along the Shenzhen River – a cross-boundary innovation corridor where capital, talent, goods, data – even bio-samples – will flow seamlessly from the Mainland to Hong Kong. For international biotech and AI companies, this will be a genuine game-changer – one of the few places in the world where Mainland and international data sets will meet and mingle.

Enterprises and talent 

     To realise this vision, we need quality enterprises and a continuing flow of world-class talent.

     OASES, our Office for Attracting Strategic Enterprises, has brought in more than 100 high-impact tech companies over the past three years. Many are global leaders in their respective fields, such as AstraZeneca and GSK. Collectively, the companies will invest about 6 billion pounds in Hong Kong, creating 22 000 quality jobs. 

     Attracting talented professionals is also a priority. Over the past three years, we have received over 550 000 applications and approved some 370 000. More than 250 000 individuals have already arrived, making a decided difference for themselves, their families and Hong Kong. 

     And I invite more UK companies and professionals to join them – to join us – in Hong Kong, where we are building the future.

Hong Kong: seeing is believing

     Ladies and gentlemen, there’s more. A great deal more to tell, but it’s past dinner time. 

     Let me leave you with just one important thought: whatever the headlines say, Hong Kong is best understood through facts and figures. Even the Financial Times last week held its inaugural forum on Hong Kong’s revival.

     So I invite you to come and see for yourselves – today’s Hong Kong. A city alive with arts and culture, sport and entertainment, and yes, fabulous food and drink, too. We are, after all, home to the best hotel and the best bar in the world.

     And if you need fresh air after a night of drinking, venture into our country parks and hiking trails – a dazzling and immersive world that leaves the financial district and city lights behind. 

     Let me show you a little of that world now. 

     Enjoy the Hong Kong Dinner and the great and good company all about you.

     And now, ladies and gentlemen, may I ask you to raise your glasses: let’s drink to the enduring friendship between Hong Kong and Britain, Britain and Hong Kong.

     Cheers!