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Hong Kong Police Target Construction Firm After Deadly Wang Fuk Court Fire

Smoke rises from residential buildings as fires continue to burn at Wang Fuk Court in the Tai Po district of Hong Kong, China, on Thursday, Nov. 27, 2025. Hong Kong police have raided the offices of a construction company linked to the catastrophic blaze at Wang Fuk Court in Tai Po, which has become the city’s deadliest fire in decades. The inferno, which erupted on November 26, tore through multiple high-rise towers, killing at least 55 people and leaving nearly 300 residents missing . Authorities revealed that the company under investigation had been conducting maintenance work at the housing estate, including the installation of bamboo scaffolding and foam materials that may have accelerated the spread of the flames. Police have already arrested three men on suspicion of manslaughter , citing gross negligence in the use of unsafe construction materials. The fire, which engulfed seven of the estate’s eight towers, displaced thousands of residents and overwhelmed emergency servic...
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Stocks Open Mixed as Boeing Plunges

The stock market opened mixed today with the Dow Jones Industrial Average ( ^DJI) down around 0.4%, or 170 points, while the S&P 500 ( ^GSPC) rose 0.2% and the tech-heavy Nasdaq ( ^ IXIC) was up 0.5% . The mixed opening comes after all three major stock indexes broke a nine-week winning streak on Friday.

Boeing, one of the largest aerospace companies in the world, saw its shares plunge today. The company’s shares fell to a 2023 low of 176.25 before swinging up and down in Wednesday’s stock market action. The decline in Boeing’s shares comes as investors await the release of U.S. inflation data and brace for the start of earnings season later in the week.


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