Hong Kong’s 1st Typhoon Trading Day Tests City’s Brokerages

Hong Kong’s First Typhoon Trading Day Tests City’s Brokerages
A typhoon is brewing over Hong Kong but it’s business as usual for the city’s $5.4 trillion stock market. The financial hub has ended a decades-long practice of shutting its markets during severe weather,
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HK Brokers Brace for First Typhoon Trading Day as Storm Nears
The Hong Kong Observatory said it will issue a so-called Typhoon Signal 8, the third highest, at 11:10 p.m. local time Wednesday as tropical storm Toraji is edging closer to the Pearl River Estuary and local winds will strengthen. The signal will remain in force at least until 10 a.m. Thursday, it added.
HK Brokers Brace for First Typhoon Trading Day as Storm Hits
The Hong Kong Observatory issued a so-called Typhoon Signal 8, the third highest, at 11:10 p.m. local time Wednesday as tropical storm Toraji is edging closer to the Pearl River Estuary and local winds will strengthen.
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Hong Kong stocks hovered around a seven-week low while investors await a flurry of earnings cards from bellwether companies as the city’s financial markets opened for business under typhoon conditions for the first time.
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