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THE WANG REPORT · EVENING EDITION
Sunday, August 16, 2026

CL Indonesia's earthquake killed at least forty seven people today. The human toll is a tragedy in its own right. Hong Kong's own hazard is quieter: tenants in subdivided flats riding out this heat with no real ventilation, a slower emergency than an earthquake but an emergency all the same. Geology gets press conferences. Substandard housing gets a stakeholder committee., CL-- CL
MB Putin lost 43,000 troops in the war's bloodiest month while announcing, on the same day, a $26 billion bet on beating aging. Hong Kong's monetary men raised the growth forecast to 4.5% the week 2,100 people lost HK$1.6 billion to investment scams. Governments read best in the press release. Bodies pile up off the page.-- MB
CLInvestment scam losses hit HK$1.6 billion this year, the government raised its GDP forecast anyway, and somewhere between those two facts is the actual state of the economy.
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