It is not clear what caused a double-decker bus with spectators being transported from horse races to roll over.
Hong Kong’s public transport is usually safe, and deadly accidents of this scale are relatively infrequent.
Representatives from the bus operator said on Saturday evening that the driver had a good track record and knew the route, which only runs on race days.
Hong Kong’s chief executive Carrie Lam said she was “deeply saddened”, after visiting one of the 12 hospitals that were treating the injured.
She told reporters that an independent investigation led by a judge would be carried out to establish what caused the crash.
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