Hong Kong stock market stays shut due to Typhoon Utor

PUBLISHED : Wednesday, 14 August, 2013, 8:58am
UPDATED : Wednesday, 14 August, 2013, 1:37pm

The Hong Kong Exchange suspended afternoon trading in the securities and derivatives markets on Wednesday, as well as after-hours futures trading, as a typhoon roared toward China’s southern coast.

Typhoon Utor had earlier forced the suspension of the morning session. Markets will likely resume trade on Thursday. The Hong Kong Obsevatory said it will likely downgrade the typhoon signal from 8 to 3 in the afternoon.