Relatives of victims who died in Monday's ferry collision throw paper money to pay tribute to those lost, Thursday, Oct. 4, 2012, in Hong Kong. A show of concern by Beijing over the boat collision that killed dozens of people in Hong Kong this week has backfired, further damaging the communist government's image in the former British colony. (AP Photo/Kin Cheung)
HONG KONG - Authorities in Hong Kong have rescued 101 people after a ferry collided with a tugboat and sank. A local broadcaster says eight people died.
The government said in a statement that the ferry was carrying about 120 people when the accident happened Monday night near Lamma Island, off the southwestern coast of Hong Kong Island. Few other details were given.
Local broadcaster TVB reported that eight people were killed. Television channels showed the ferry half submerged with the bow pointing straight up.
The boat was headed to Hong Kong's famed Victoria Harbour to watch fireworks on a long holiday weekend to celebrate China's National Day and mid-autumn festival.
Lamma is the third-biggest island in Hong Kong and near one of the city's busiest shipping lanes.