Typhoon Higos shuts down Hong Kong, halts stock trading

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Typhoon Higos shuts down Hong Kong, halts stock trading
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HONG KONG (BLOOMBERG) - Hong Kong was hit by its strongest typhoon this year, cancelling morning trading in the city's $5.8 trillion (S$7.9 trillion) local stock market, shutting many businesses and disrupting public transportation.. Read more at straitstimes.com.

HONG KONG - Hong Kong was hit by its strongest typhoon this year, cancelling morning trading in the city's $5.8 trillion local stock market, shutting many businesses and disrupting public transportation.

There will be no morning session in the stock market and northbound trading of mainland equities via exchange links will also be scrapped for the morning, Hong Kong Exchanges & Clearing said in a statement. At 9am, Higos was centred about 130km west of Hong Kong's observatory and is forecast to move northwest or west-northwest at about 25 kph inland and weaken gradually, the observatory said.

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