The Zhitong Finance App learned that according to news from the Hong Kong Observatory on November 13, the observatory will change the gale or storm signal No. 8 at 11:10 tonight, and will maintain it until at least 10:00 a.m. tomorrow morning. In response, the Hong Kong Stock Exchange (00388) stated that the financial market will maintain full operation under the typhoon.

On September 23, the Hong Kong Stock Exchange officially implemented its arrangement to maintain market operations in bad weather, marking the end of the Hong Kong market's long tradition of closing market transactions during typhoons and torrential rain. This historic transformation aims to enhance Hong Kong's competitiveness as an international financial center and ensure that the market can operate as usual in all weather conditions.

The reform of the Hong Kong Stock Exchange was completed with the support of the Hong Kong Special Administrative Region Government and regulators. The Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu, announced the Hong Kong Stock Exchange's decision not to stop trading in bad weather as early as June of this year, with the aim of maintaining market continuity and investors' ability to manage risk.

According to the Hong Kong Stock Exchange's previous announcement, if the Hong Kong Observatory issues typhoon signal No. 8 or above, issues a black rainstorm warning, or the Hong Kong Government announces “extreme circumstances,” all products in the securities market and derivatives market will maintain trading services and operations. This arrangement also applies to the Shanghai-Shenzhen Stock Connect trading day to ensure that connectivity between the Mainland and Hong Kong markets is not affected.

The Hong Kong Stock Exchange said that all exchange participants need to continue to provide the same trading-related services as on regular trading days in bad weather. To ensure personal safety, exchange participants should adopt a remote work model and provide online services, while physical establishments should not provide services to the public.

Analysts pointed out that the ability of the market to operate as usual around the clock is one of the major attractions of Hong Kong as an international financial center and helps attract more international investors and capital.