Hong Kong Stock Exchange to Remain Open During Typhoons Starting September 23
The new policy aims to align with global standards and enhance the city's competitiveness as a financial hub.
- Chief Executive John Lee announced the change, citing broad support from the financial sector.
- The policy shift ends a decades-long practice of market closures during severe weather.
- Investors can continue trading stocks and derivatives through online platforms during storms.
- Physical branches of banks and brokers will still close, but digital services will remain operational.
- The move is expected to benefit investors, brokers, and the government through continued trading fees and duties.