Hong Kong halts share trading for full day due to typhoon

Markets Reuters

Waves triggered by Typhoon Hato are seen in Hong Kong (Reuters)

The Hong Kong stock exchange halted trading for the full day on Wednesday as a strong typhoon lashed the financial center and other parts of southern China.

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Trading was suspended for the rest of the day in the securities market, including Stock Connect trading with mainland Chinese markets, and the derivatives market, as the highest level typhoon warning No. 10 was still in force at noon, according to the exchange's trading rules for bad weather.

Morning trading had also been suspended.

Hundreds of flights and other transport services were canceled, and schools and most businesses in the city were expected to be closed for the better part of the day as the city was buffetted by Hato.

(Reporting by James Pomfret and Anne Marie Roantree; Editing by Kim Coghill)