Trading in Hong Kong markets halted due to Typhoon Talim
The stock market will be shut for the rest of the day if a typhoon signal 8 is still in place by noon. The storm has not caused any major damage, although the Observatory has warned of possible flooding in some areas.
By Reuters | Updated:
IANS
The Hong Kong stock exchange halted trading in both the securities and derivatives markets on Monday due to approaching Typhoon Talim.
The Hong Kong Observatory said storm signal No. 8 would remain in force at least until 4 p.m. (0800 GMT)
According to the exchange's arrangement, the morning trading session will be suspended if the typhoon signal remains at 8 or higher at 9 a.m. Hong Kong time (0100 GMT).
The stock market will be shut for the rest of the day if a typhoon signal 8 is still in place by noon.
The storm has not caused any major damage, although the Observatory has warned of possible flooding in some areas.
The Hong Kong Observatory said storm signal No. 8 would remain in force at least until 4 p.m. (0800 GMT)
According to the exchange's arrangement, the morning trading session will be suspended if the typhoon signal remains at 8 or higher at 9 a.m. Hong Kong time (0100 GMT).
The stock market will be shut for the rest of the day if a typhoon signal 8 is still in place by noon.
The storm has not caused any major damage, although the Observatory has warned of possible flooding in some areas.
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