'Black rainstorm' warning delays Hong Kong trading

Sun Online Desk

28th June, 2021 10:54:10 AM printer

'Black rainstorm' warning delays Hong Kong trading

The Hong Kong Stock Exchange cancelled its morning trading session on Monday due to extreme weather.

The decision by Hong Kong Exchanges and Clearing comes after the government issued a so-called "black rainstorm" warning.

Trading was due to start at 1:30pm local time after the warning was cancelled.

Hong Kong has three levels of rainstorm warning, with black being the highest after amber and red.

It was the city's first black rainstorm warning this year, with at least 70mm of rain forecast for several districts.

Trading of both securities and derivatives markets were cancelled for the session in the Asian financial hub.