December 2, 2025

Hong Kong: Independent committee to conduct comprehensive and in-depth review following major fire Leave a reply HONG KONG SAR  – Media OutReach Newswire – 2 December 2025 – The Hong Kong Special Administrative Region (HKSAR) Government is going all out to support victims and investigate the cause of a massive fire that engulfed seven out of eight high-rise residential blocks at Wang Fuk Court in Tai Po, Hong Kong, on November 26. The tragedy prompted an outpouring of support from the public and urgent actions from the HKSAR Government to provide all-round assistance to the victims while launching a thorough investigation into the cause of the blaze. Government support across multiple areas  John Lee, Chief Executive of the HKSAR, emphasised that the Government attaches high importance to the well-being of affected residents, focusing not only on immediate relief aid but also their various long-term living needs. As a top priority, the Government immediately started providing support across multiple areas, including financial aid, accommodation, medical assistance, and counselling. Regarding financial support, the Government has been offering an emergency cash subsidy of HK$10,000 (US$1,282) per affected household, with more than 1,900 households registering for the subsidy. Moreover, the Support Fund for Wang Fuk Court in Tai Po has been set up with an initial HK$300 million (US$38 million) injection from the Government. The fund has so far raised a total of HK$2.3 billion (US$294 million), including HK$2 billion (US$256 million) from donations. The fund will be used to assist the residents in rebuilding their homes and providing long-term and sustained support, including families of each deceased victim receiving HK$200,000 (US$25,641) as a token of solidarity as well as HK$50,000 (US$6,410) to cover funeral costs. As for foreign domestic helpers who lost their life in the incident, the next of kin of each deceased helper will receive

eXp Realty Expands Into Two New European Markets and Plans a Third, Marking a Significant Year of Global Growth Leave a reply eXp Realty Expands Into Two New European Markets and Plans a Third, Marking a Significant Year of Global Growth Romania and the Netherlands join eXp’s growing agent-first platform, with Luxembourg planned, as the company builds toward its global 2030 vision. BELLINGHAM, Wash., Dec. 02, 2025 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), celebrated its expansion into two key European markets, Romania and the Netherlands, and announced its planned entry into Luxembourg, marking a powerful close to a year of purposeful, high-impact global growth. These launches bring eXp’s 2025 international expansion total to seven countries, including earlier entries into Peru, Ecuador, Türkiye, South Korea, and Japan. An anticipated entry into Luxembourg will further expand this footprint once completed. Each market reflects eXp’s focused approach to global growth, targeting agent-led environments where demand for innovation, mobility, and ownership is rising. Rather than expanding for presence, eXp continues to enter countries where its platform can deliver immediate value for agents. “We’ve had real momentum this year. eXp International brought in $104.6M in revenue through Q3, up 74 percent compared to the same period last year, and we’re seeing that energy show up in these expansions,” said Felix Bravo, Managing Director, eXp Realty International. “Each of these markets tells a different story, but together, they signal where the industry is going. Agents are demanding more than commissions and training. They want mobility, scalability, ownership, global reach, and relevance. eXp is building the infrastructure and tools to lead where real estate is going next. That’s what these launches represent.” The markets were chosen for their