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Hong Kong will reportedly stop halting stock markets during typhoons and severe weather

·1 min

Hong Kong’s stock market is set to remain open during severe weather conditions as the Hong Kong Exchange plans to end the practice of halting trade during typhoons and heavy rainstorms. The new framework, expected to be announced soon, will facilitate uninterrupted trading in the $4.2 trillion market. Currently, the exchange stops trading when a typhoon signal or a ‘black rainstorm warning’ is issued. The move aims to strengthen Hong Kong’s position as an international financial center and maximize competitiveness. The implementation details and timetable will be shared later this year.