China guides banks, insurers to fully provide financial services after Hong Kong fire

Police officers wearing protective suit leave the site of a fire-damaged residential block at Wang Fuk Court housing complex, following a deadly fire on Wednesday, in Tai Po, Hong Kong, China, November 29, 2025. - Reuters

BEIJING: China guides banks and insurers to fully provide financial support services after a deadly fire in Hong Kong caused significant casualties and property damage, the nation's financial regulator said on Saturday (Nov 29).

Insurance companies should handle claims and other procedures for disaster affected customers in a timely manner, and assist disaster affected residents in restoring production and life, the National Financial Regulatory Administration said in a statement.