Home Stock exchange Heavy storm leaves Hong Kong Stock Exchange without a morning session

Heavy storm leaves Hong Kong Stock Exchange without a morning session

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Beijing, June 28 (EFE) .- The black-colored maximum alert from the Hong Kong Weather Observatory due to a severe storm today forced the Hong Kong Stock Exchange to suspend its session activities morning, the market reported today in a statement posted on its website.

This is the first such alert in 2021 in Hong Kong, and if authorities maintain this level beyond local noon (04:00 GMT), the afternoon session will not continue either.

However, if the alert level is lowered before noon, the trading room will open for its afternoon session, Hong Kong newspaper The Standard reported.

The alert, issued at 08:20 local time (00:20 GMT), means that precipitation in excess of 70 millimeters of water has occurred or is expected to occur within an hour on average in the city.

The alert from the meteorological authorities warns of the flooding of roads, and possible flooding and overflows of channels which should occur in the coming hours.

The standard also said schools and coronavirus vaccination centers will also remain closed as long as the black alert level is maintained.

According to the source, a landslide was recorded on Lantau Island in Hong Kong following the storm.

(c) EFE Agency

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