Hong Kong’s stock market was closed Friday due to typhoon Haima. Photo: Sam Tsang

China stocks cautiously higher as yuan hits six-year low; Hong Kong market closed amid typhoon

Yuan weaker as PBOC slashes fixing while HKEX cancels trading due to strong storm

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Hong Kong’s stock market was closed Friday due to typhoon Haima. Photo: Sam Tsang
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Laura He

Laura He

Before joining the Post, Laura worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.

Julia Hollingsworth

Julia Hollingsworth

Julia Hollingsworth was a reporter with the South China Morning Post. Before coming to SCMP, she studied Mandarin at Tsinghua University, Beijing, and worked in New Zealand as a general news reporter for Australian Associated Press.