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It is Hong Kong's deadliest fire since 1948, when 176 people died in a warehouse blaze.
A firefighter was among the 44 killed, with 45 people in hospital in critical condition, Hong Kong police told a press conference before dawn.
Bangladesh defeated Hong Kong by 7 wickets in a Group B match in the Asia Cup in Abu Dhabi.
Ayush Shetty defeated Kodai Naraoka 21-19, 12-21, 21-14 to advance to the quarterfinals of the Hong Kong Open Super 500 badminton tournament.
Sediqullah Atal scored 73 as Afghanistan defeated Hong Kong by 94 runs in the AFC Asia Cup in Abu Dhabi on Tuesday.
Hong Kong defeated India 1-0 in a third round match of the AFC Asian Cup in Kowloon.
India will take on arch-rivals Pakistan in their opening match on November 1.
The tournament began in 1992 and was last held in 2017 before being revived this year.
The Hong Kong Disneyland Resort is a beautiful theme park on the Lantau Island.
The Indian team consisting of Pushpa Senthil Kumar, Kavya Singla and Keralites Aneesha Cleetus and Sreekala R will now take on Australia and New Zealand in Pool D.
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