The fire started at around 9:48am at the construction site for Shanghai IFC, a twin set of buildings located at 8 Century Avenue. The flame spread across a dormitory and activity room for migrant workers, causing part of the three story building to collapse before it was extinguished by firefighters at around 11:20. There were no casualties. The cause of the fire is now under investigation. Shanghai’s HKD 8 billion IFC building is being developed by the same people who built the IFC in Hong Kong and is expected to house HSBC’s Shanghai headquarters. Check out a video report and more pictures at Xinmin.cn.