The Hong Kong Exchange will implement the arrangement of severe weather from September 23.
Comprehensive Hong Kong 01 and Ming Daily reported that the Chief Executive Li Jiachao made the above announcement before attending the Executive Meeting on Tuesday (June 18).Under the new arrangement, even if Hong Kong issued a typhoon signal 8 or above, or during the black rainstorm warning, transactions can also be traded.
Li Jiachao said that there are the same practice in Shenzhen, Shanghai and other major stock markets. It also believes that Hong Kong as an international financial center has no reason not to be aligned. In addition, most of the current transactions have been electronic.It is kept being market in severe weather, and there is no reason to do it in Hong Kong.
The Hong Kong Stock Exchange launched a consultation document at the end of November last year, and it is recommended that bad weather maintaining securities and derivative product market transactions.
Bloomberg quoted people familiar with the matter on the 7th of this month that Hong Kong plans from September, and the implementation of in severe weather will be implemented from September.
