First time triggered! The Hong Kong Stock Exchange announces: The typhoon does not stop trading!
First trigger. On the evening of November 13, hkex announced that due to the Hong Kong Observatory hoisting the Typhoon Signal No. 8 at 11:10 pm, the adverse weather trading arrangements would take effect. All markets under the hkex, including the post-closing trading session of the derivatives market, will continue to operate as usual. This is the first time since September 23 this year that hkex decided to maintain trading arrangements under adverse weather conditions and triggered the new rule of "no trading halt during typhoons". It is understood that hkex used to close the market whenever encountering extreme weather conditions such as typhoons and heavy rain.
Express News | HKEX will implement the 'Trade Continuity in Severe Weather Conditions' for the first time. The Hong Kong Observatory is considering issuing the number 3 strong wind signal in the morning.
HKEX (00388) confirms that the arrangement for trading under severe weather conditions will continue to be effective.
King Wu Financial News | Hong Kong Stock Exchange (00388) confirms that due to the No. 8 typhoon warning signal still being in effect, the adverse weather trading arrangements will continue to apply. The securities and derivatives market under the Hong Kong Stock Exchange (including Stock Connect and after-hours trading sessions) will fully operate as usual today (Thursday). The Hong Kong Observatory indicates that Typhoon Haikui is beginning to weaken and will move away from Hong Kong, with local wind strength expected to gradually ease. The Observatory will issue a new strong wind signal No. 3 at 10:20 AM.
UBS Group raises target price of Hong Kong Stock Exchange (00388.HK) to 346 yuan, expecting strong average daily trading volume in the near term.
ubs group released a research report indicating that the average daily trading volume of HKEX (00388.HK) is expected to remain strong in the near future for three reasons: first, investor divergence on any additional mainland policy stimulus may promote trading; second, recent adjustments may provide a more attractive entry point to the market; and third, foreign institutional funds still significantly underweight.
The Hong Kong stock market will not suspend trading for the first time during a typhoon. The Hong Kong Stock Exchange stated that the securities and derivatives markets will operate as usual today.
The Hong Kong Exchange (00388.HK) has confirmed that the No. 8 typhoon warning signal is still in effect, and the arrangements for trading during severe weather will continue to be in place. The exchange's securities and derivatives market, including the Shanghai-Shenzhen-Hong Kong Stock Connect and after-hours trading sessions, will operate as usual today. The Hong Kong Exchange has been authorized by the regulatory authority since September 23 to implement severe weather trading arrangements in the securities and derivatives market, and this will be the first activation of such arrangements.
Express News | Shuobao International Group Limited has submitted listing documents to the Hong Kong Stock Exchange.