Hong Kong says stock market to stay open during typhoons from Sept 23

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Hong Kong says stock market to stay open during typhoons from Sept 23

HONG KONG - Hong Kong's stock market will stay open during typhoons and heavy rain effective Sept. 23, a change that will help maintain the global financial hub's competitiveness, city leader John Lee said on Tuesday.

Dickie Wong, executive director of research at Kingston Securities, said there was already market consensus on the rollout of the new measure to allow trading under extreme weather. "The market is now more concerned about whether the Stock Connect program can be expanded to include more companies, such asShares of the city's bourse operator Hong Kong Exchanges and clearing eased 0.6% by lunch break. That compared to a 0.2% slip in the benchmarkRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

 

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