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Politics·5/2/2026AI summary
Hong Kong Government Expects 75% Buy-Back Acceptance for Wang Chi House by June
The Hong Kong government is confident that at least 75% of homeowners in Wang Chi House – the only block unscathed in the Wang Fuk Court fire – will accept its buy-back package by end of June. Deputy Financial Secretary Michael Wong Wai-lun said 77% of owners have expressed initial interest in selling their property rights. The offer requires 75% of owners to sign an official letter of acceptance by June 30 and agreement for sale and purchase by October 15.
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