Crisis Management for a Conflict with North Korea

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啟明創投向大埔宏福苑援助基金捐贈300萬港元 助力災後重建

Qiming Venture Partners Donates 3 Million HKD to Tai Po Hong Fuk Court Relief Fund to Support Post-Disaster Reconstruction

Yahoo Finance | Local Language | News | Dec. 1, 2025 | Natural Disasters

On November 26, 2025, a devastating five-alarm fire broke out in multiple residential towers at Hong Fuk Court, Tai Po, New Territories, Hong Kong, resulting in significant casualties. As of November 28, official reports confirmed 128 fatalities, including one firefighter who died in the line of duty, along with numerous injuries. The Hong Kong SAR government immediately established the "Tai Po Hong Fuk Court Relief Fund," allocating HK$300 million in seed funding to assist victims and support post-disaster reconstruction.

Qiming Venture Partners responded by donating HK$3 million to the relief fund, expressing condolences to affected families and gratitude to firefighters and rescue personnel. The firm urged other social entities to contribute to community rebuilding efforts. Other notable donations include HK$30 million from the Lee Kum Kee family and group, HK$5 million from Nicholas Tse's Fong Mei Holdings, and various contributions from celebrities and entertainment groups, reflecting widespread support across sectors.

The fire has caused widespread disruptions in Tai Po, prompting traffic diversions and partial school closures. Authorities are conducting a full investigation into the cause, with eight arrests made regarding potential corruption in building maintenance. In response to the tragedy, many public events have been canceled or modified to a solemn tone, including major entertainment and cultural affairs. The disaster marks the most severe residential fire in Hong Kong in over 70 years, drawing extensive domestic and international attention.

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