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Authorities slam online claims about Wang Fuk Court acquisition company

Authorities slam online claims about Wang Fuk Court acquisition company
South China Morning Post Monday 13 July 2026, 13:07 UTC By Wynna Wong 1 min read
Key Points

Hong Kong’s housing authorities have dismissed online rumours that a government-established company set up to acquire flats at fire-ravaged Wang Fuk Court is an “empty shell” at risk of bankruptcy, saying it has signed contracts with more than 550 owners. The Housing Bureau said on Monday that claims concerning “Wang Fuk Court Property Rights Acquisition Limited” were “entirely unfounded”. “It cannot be ruled out that the allegations are made by individuals with ulterior motives to confuse...

Hong Kong’s housing authorities have dismissed online rumours that a government-established company set up to acquire flats at fire-ravaged Wang Fuk Court is an “empty shell” at risk of bankruptcy, saying it has signed contracts with more than 550 owners. The Housing Bureau said on Monday that claims concerning “Wang Fuk Court Property Rights Acquisition Limited” were “entirely unfounded”. “It cannot be ruled out that the allegations are made by individuals with ulterior motives to confuse the...
Wang Fuk Court (ORG) Hong Kong’s (LOCATION) The Housing Bureau (ORG)
Originally published by South China Morning Post Read original →

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