Typhoon prompts Hong Kong to close schools, stock market

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Hong Kong has suspended schools, stock market trading and government services as Typhoon Kompasu passes. Forecasters say it could cause flooding in low-lying areas as it passes the territory while moving toward China's Hainan island and Vietnam.

People make their way on an empty street as Typhoon Kompasu passes in Hong Kong Wednesday, Oct. 13, 2021. Hong Kong suspended classes, stock market trading and government services as the typhoon passed south of the city Wednesday.

BEIJING — Hong Kong suspended classes, stock market trading and government services as a typhoon passed south of the city Wednesday. Heavy rain from Typhoon Kompasu could flood low-lying areas and residents should take precautions, the Hong Kong Observatory said.Winds were expected to gradually weaken in the afternoon, the observatory said.

The typhoon was expected to move across the northern portion of the South China Sea toward China’s southern island province of Hainan and then make landfall in northern Vietnam, the observatory said. Kompasu earlier set off landslides and flash floods in the northern Philippines, leaving at least 11 people dead and seven missing, officials said Tuesday.

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To minimize the negative effects of defaults in bonds market

Why is the CCP paying the clouds to rain and flood on Hongkong?

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Buy puts on China stocks lol

It is just pulling the leg

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