Ge Long Hui·2025-11-27 05:32Core Viewpoint - The fire incident at Hong Kong's Tai Po Hong Fu Court has led to significant casualties and has impacted the stock performance of China Taiping Insurance, which is reported to underwrite the comprehensive insurance for the affected property [1] Company Summary - China Taiping Insurance (0966.HK) experienced a sharp decline in its stock price, dropping over 8% to HKD 16.77 in early trading, before recovering to a decline of less than 1% [1] - The comprehensive insurance policy for Hong Fu Court has a total property insurance payout limit of HKD 2 billion [1] Industry Summary - The fire incident has resulted in at least 44 fatalities and 66 injuries, including the death of a firefighter, highlighting the potential risks associated with property insurance underwriting in high-density residential areas [1]