Geopolitics Alpha

Hong Kong’s leader apologises for residential fire that killed 168 people

Published . Updated .

GEOPOLITICS ALPHAHong Kong’s leader apologises forresidential fire that killed 168peopleGEOPOLITICS ALPHA

Blaze last year was deadliest housing fire globally since 1980 and some ex-residents and victims’ families say they still need justice Hong Kong’s leader has apologised for government shortcomings that contributed to a fire that killed 168 people in the city last year, a rare sign of public contrition that nevertheless failed to impress some victims’ families. The chief executive, John Lee, and seven other officials bowed in apology at the release of a report that pointed to “decades of failure” by government bodies. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLRE Real Estate Select Sector SPDR-1.9% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • XHB SPDR S&P Homebuilders ETF+1.0% 30d

    SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • EWH iShares MSCI Hong Kong ETF-2.5% 30d

    iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).

  • PLD Prologis-7.8% 30d

    Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • DHI D.R. Horton+2.5% 30d

    D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • LEN Lennar+4.3% 30d

    Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • PSA Public Storage-4.5% 14d

    Public Storage (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLRENo price data for this ticker———————
XHBNo price data for this ticker———————
EWHNo price data for this ticker———————
PLDNo price data for this ticker———————
DHINo price data for this ticker———————
LENNo price data for this ticker———————
PSANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Blaze last year was deadliest housing fire globally since 1980 and some ex-residents and victims’ families say they still need justice Hong Kong’s leader has apologised for government shortcomings that contributed to a fire that killed 168…

Source: The Guardian

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Hong Kong’s leader apologises for residential fire that killed 168 people” scores 12 out of 100. The score uses 1 sources.