HK financial markets halt for full day on storm
HONG KONG, Aug 22 (Reuters) - Trading in Hong Kong's securities and derivatives markets will be cancelled for the entire day on Friday due to a severe tropical storm warning, according to Hong Kong Exchanges and Clearing (0388.HK: Quote, Profile, Research, Stock Buzz).
The local stocks, derivatives, forex and debt markets will remain closed on Friday afternoon after the city raised a severe tropical storm warning in the morning. [ID:nHKG329825].
Typhoon Nuri, which killed four people in the northern Philippines, is heading towards Hong Kong and may hit the city head-on later in the day if it continues along its current track, the Hong Kong Observatory said.
Winds are expected to increase further and all afternoon flights were cancelled.
The benchmark Hang Seng Index .HSI slid 2.6 percent on Thursday. The Hong Kong dollar <HKD=> stood at about 7.8069/70 to the U.S. dollar at 0909 GMT on Thursday. (Reporting by Donny Kwok; editing by Jonathan Hopfner)
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