Hong Kong Stock Exchange Cancels Morning Trading Due to Weather Alert — Update
By P.R. Venkat
The Hong Kong Stock Exchange has canceled the morning trading session following the issuance of a Black Rainstorm Warning alert.
"Thunderstorm Warning issued at 2:30 p.m. (Hong Kong Time) on 7 Sep 2023 has been extended until 11:00 a.m. (Hong Kong time) today. Squally thunderstorms are expected to occur over Hong Kong. Intense gusts reaching 80 kilometers per hour or above may continue to affect Hong Kong," the Hong Kong Observatory said early Friday.
Trading in the afternoon will resume if the rainstorm warning or any announcement of extreme conditions is canceled at or before noon Hong Kong time, Hong Kong Exchanges & Clearing said in a statement.
"If a Black Rainstorm Warning, or any announcement of Extreme Conditions, remains issued at 12:00 noon, all trading sessions (including Stock Connect Northbound trading) of the day will be cancelled," it said.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
September 07, 2023 21:00 ET (01:00 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Berkshire Hathaway Earnings: Strong Insurance Results Continue to Lift Revenue and Profitability
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom