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Securities and Derivatives Markets Delay Open due to Black Rainstorm Warning

Market Operations
08 Sep 2023

Hong Kong Exchanges and Clearing Limited (HKEX) announced that the morning trading sessions of the securities (including Stock Connect Northbound trading) and derivatives markets today (Friday) have been delayed due to the issuance of a Black Rainstorm Warning.

If a Black Rainstorm Warning, or any announcement of Extreme Conditions, remains issued at 9:00 am, the morning trading sessions for all markets will be cancelled.

If a Black Rainstorm Warning, or any announcement of Extreme Conditions, is cancelled at or before 12:00 noon, major products of HKEX's securities and derivatives markets (including Stock Connect Northbound trading) will resume trading in the afternoon. Trading will begin on the first half hour at least two hours after the cancellation of the Black Rainstorm Warning or any announcement of Extreme Conditions.

If a Black Rainstorm Warning, or any announcement of Extreme Conditions, remains issued at 12:00 noon, all trading sessions (including Stock Connect Northbound trading) of the day will be cancelled.

HKEX will make a further announcement in due course.

For details of the arrangements for trading and clearing and settlement during typhoons and Black rainstorms / Extreme Conditions, please refer to the rule books and summary table, which can be accessed via the Services - Trading Overview-Severe Weather Arrangements section of the HKEX website.

For details of the trading arrangements under Stock Connect Northbound trading during typhoons and Black rainstorms / Extreme Conditions, please refer to the Services - Rules and Regulations section of the HKEX website.

For the latest weather information, please refer to the website of the Hong Kong Observatory.

 

 

 

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Updated 08 Sep 2023