The Hong Kong Stock Exchange has canceled the morning buying and selling 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 stated early Friday.
Trading within the afternoon will resume if the rainstorm warning or any announcement of utmost situations is canceled at or earlier than midday Hong Kong time, Hong Kong Exchanges & Clearing stated in a press release.
“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 stated.
Source web site: www.marketwatch.com
