Government to handle Wang Fuk Court insurance claims under buy-back plan: Hop On
The Hong Kong government will manage insurance claims for residents of Wang Fuk Court who accept a buy-back plan following a fire. While the government will assume responsibility for pursuing claims with China Taiping Insurance, some residents still have questions about the compensation process. The government has allocated HK$7.8 billion (US$1 billion) to acquire the affected flats. AI