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HK financial markets suspended as storm hits
Wed, Aug 06, 2008
Reuters

>HONG KONG - HONG Kong's stock, derivatives, forex and debt markets will remain closed all of Wednesday morning after the city raised a severe tropical storm warning.

Stock markets will open in the afternoon if the city withdraws that alert at or before noon, according to standard procedure. If the warning remains in effect after noon, trading will resume only on Thursday.

The benchmark Hang Seng Index slid 2.5 per cent on Tuesday, dragging the main index below the 22,000 support level. The Hong Kong dollar stood at about 7.8049/50 to the US dollar at 0849 GMT (4.49pm Singapore time) on Tuesday. -- REUTERS

 

 
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