Hong Kong officials urge buy-back plan over ‘challenging’ Wang Fuk Court rebuild

Published 8 hours ago
Source: scmp.com
Hong Kong officials urge buy-back plan over ‘challenging’ Wang Fuk Court rebuild
Rebuilding the fire-ravaged Wang Fuk Court on its original site to rehouse displaced residents will be “immensely challenging” because of complex legal and property rights issues, a senior Hong Kong official has said, adding that a cash buy-back would be the “fastest and most flexible” solution. Deputy Financial Secretary Michael Wong Wai-lun, who leads a government task force on emergency resettlement of the residents, has shifted his stance several times over the past few days. His latest...