Typhoon signal 9 remains in force, the second-highest in the city’s storm warning system, due to the proximity of Typhoon Higos. Under exchange rules, the morning trading session will be canceled if signal 8 or above is still hoisted at 9 a.m. Hong Kong time. If the signal isn’t lowered before noon, the entire day’s trading will be abandoned.
The Hong Kong Observatory said at 6:45 a.m the signal will be lowered to 8 “within the next couple of hours."
At 7 a.m., Higos was centered about 90km west-southwest of Hong Kong’s observatory and is forecast to move northwest or west-northwest at about 20 milometers per hour inland and weaken gradually, the observatory said.