Hong Kong Fire Sparks $250M Risk — Insurer’s Stocks Take Hit
Shares in China Taiping Insurance Holdings plunged nearly 8% on 27 November after a fire at the densely populated Wang Fuk Court in Tai Po, Hong Kong. The building complex — home to more than 4,600 residents living across 2,000 apartments — was engulfed in flames, killing at least 55 people, with nearly 300 still unaccounted […]
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