Stock trading during severe weather

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Hong Kong Bankers Pack Luxury Hotels Near Offices for Typhoon Trading
MINTยท 2025-09-24 01:00
Group 1 - Hong Kong's financial sector is facing significant disruptions due to Super Typhoon Ragasa, with major banks like Goldman Sachs, Morgan Stanley, and HSBC advising employees to work from home [1][2] - The Hong Kong stock exchange's new policy to keep trading open during severe weather is being tested, as the Observatory issued the highest storm warning, signal No. 10, indicating hurricane-force winds [2][6] - Many financial professionals are seeking hotel accommodations close to their offices to avoid long commutes, with hotels like the Mandarin Oriental and Four Seasons experiencing high occupancy rates [3][4] Group 2 - The storm has led to the cancellation of in-person conferences and forums, pushing events online, while loan bankers are working to finalize paperwork to keep transactions moving [5][6] - The trading debut of Zijin Gold International Co., aiming to raise $3.2 billion, may be delayed due to the storm, affecting retail investors' ability to place orders [6] - Market activity has slowed, with clients hesitant to make trading decisions until the storm passes, reflecting a cautious approach in the financial sector [7]