Affected by Typhoon No. 8, trading in the Hong Kong securities and derivatives markets was suspended on July 17.
On May 11 this year, the Hong Kong Stock Exchange was preparing to propose to continue trading during the typhoon, abandoning the traditional practice of suspending trading when encountering a typhoon for many years.
It is reported that a working group composed of the Hong Kong Stock Exchange, the Hong Kong Securities Regulatory Commission and the Hong Kong Monetary Authority is drafting a plan to allow normal trading during typhoon storms, following up on the relevant initiatives proposed by the Hong Kong government in the February budget.
The Hong Kong Stock Exchange replied today that the relevant assessment is still at an early stage, and all adjustments need to be led by the Hong Kong government and regulators, with the cooperation of all stakeholders and market participants.
The safety of relevant employees and customers remains the most important consideration for HKEx.
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