The fire was extinguished by 4.01pm, the Fire Services Department said.

    30 people evacuated at Hong Kong airport after fire breaks out

    Firefighters evacuated 30 people at the Hong Kong airport after a fire broke out in an electrical engineering device room near a boarding gate on Tuesday afternoon. The Fire Services Department said it received a report at 3.03pm about the emergency at the Hong Kong International Airport. The fire was extinguished by 4.01pm, the Fire…

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    Sales of Lai Sun Development’s The Parkland residential project. Photo: Jonathan Wong

      Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

      Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed trading on the Hong Kong stock…

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      Sales of Lai Sun Development’s The Parkland residential project. Photo: Jonathan Wong

        Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

        Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed trading on the Hong Kong stock…

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