On the afternoon of November 26, 2025, Hong Kong Time, a severe fire broke out at Hong Fu Court in Tai Po, New Territories. The blaze rapidly escalated to a Grade 5 fire alarm, affecting multiple residential buildings. According to official reports, there are a significant number of casualties, making this one of the most serious residential fires in Hong Kong in recent decades.

The disaster has gripped the entire nation. The cryptocurrency industry was among the first to respond, with numerous leading institutions and industry leaders quickly rallying charitable forces, becoming one of the first sectors to make large-scale donations, demonstrating a sense of responsibility through concrete actions. Major enterprises and public welfare organizations from Mainland China and Hong Kong followed closely, with continuous contributions from all sectors building a solid foundation for rescue and reconstruction for the affected compatriots.

Cryptocurrency Industry Rushes to Aid

Following the fire, multiple institutions and professionals from the cryptocurrency industry swiftly announced donation plans, showcasing remarkable mobilization capabilities and philanthropic enthusiasm. The currently published donation details are as follows:

• Binance: Donated HK$10 million

• HashKey Group: Donated HK$10 million

• Avenir Group and its charitable foundation: Donated HK$10 million

• OSL Group management and shareholders in their personal capacities: Donated HK$3 million

• KuCoin (via the Tongren Foundation): Donated HK$2 million

• Nano Labs Founder Jack Kong, BitMart Founder Sheldon, ME Group CEO Jessica Yang: Jointly donated HK$1 million (in digital currency)

• New Huo Technology CEO Weng Xiaoqi (Personal + Company): Donated HK$1 million

Currently, confirmed donations from the crypto circle exceed HK$37 million, with more industry donations still being tallied and announced.

Major Mainland and Hong Kong Enterprises Follow Suit

The rapid response from the cryptocurrency industry spurred a wave of compassion. Several major enterprises and foundations from Mainland China and Hong Kong have generously contributed, providing strong support for the relocation, medical assistance, and post-disaster reconstruction for the affected residents. Published donation details include:

• The Hong Kong Jockey Club: Emergency aid of HK$100 million

• The Community Chest of Hong Kong: Allocated HK$50 million for immediate relief

• Jack Ma Foundation, Alibaba Group, and Ant Group: Collectively donated HK$30 million

• Li Ka Shing Foundation: Donated HK$30 million

• Tencent Foundation, Xiaomi Foundation, BYD Group: Each donated HK$10 million

• XPeng Motors: Donated HK$5 million

Comprehensive statistics show that the total amount of publicly announced donations from all sectors of society currently exceeds HK$200 million and is still climbing.

Public Donation Notice

The Hong Kong SAR Government has activated emergency disaster relief mechanisms, establishing helplines for assistance and relocation, and channels for financial aid. Multiple charitable organizations and local community groups have also initiated fundraising and support actions, providing services such as temporary accommodation, daily necessities, and psychological assistance for the affected families.

We call on more social forces to continue paying attention to the disaster situation. Whether it's donating money or supplies, volunteering, or spreading information about official donation channels, all efforts will bring warmth and hope to the affected compatriots. We hope the media and the public maintain rational attention, focusing not only on the immediate relief efforts but also continuously following the subsequent resettlement, psychological support, and community reconstruction for the affected residents.

Conclusion

With the continuous contributions from the cryptocurrency industry, traditional enterprises, and various social sectors, the rescue and安置 (resettlement) work for the Hong Fu Court fire is steadily progressing. Every donation and every volunteer service injects momentum into the post-disaster reconstruction.

May the deceased rest in peace, and may the injured recover swiftly. May all sectors of society join hands to provide more support for the affected families, and may Hong Kong soon restore peace and order.