Michael Wong Wai-lun

Michael Wong Wai-lun is Hong Kong's Deputy Financial Secretary. He is currently newsworthy due to his central role in managing the government's response to the deadly Tai Po fire at Wang Fuk Court. He has been the public face of the government's resettlement plan for the displaced residents. Recent developments include Wong unveiling a HK$6.8 billion buy-back plan for the fire-ravaged flats, offering HK$8,000 to HK$10,500 per square foot. He has also addressed concerns about the acquisition price if homeowners reject the initial offer and the government is forced to use legislation. Wong has also stated that the annual rental subsidy of HK$150,000 will continue until residents are rehoused. His involvement is significant as he is responsible for managing the financial aspects of the resettlement and addressing the concerns of affected residents and the public regarding the fairness and effectiveness of the government's plan.