HONG KONG – Hong Kong said it may shut down the city, including its US$5 trillion stock market, on Friday asThe typhoon was about 450km east-south-east of Hong Kong at 7am local time and will be closest to the city on Friday and Saturday, said the city’s observatory on Thursday. The storm is currently packing winds of 210kmh, according to its website.
Hong Kong will raise its second-lowest storm signal T3 by 5pm on Thursday, and will consider hoisting the T8 alert on Friday, the observatory said. That signal would effectively shutter the city as offices and schools close and public transport is stopped. Cathay Pacific Airways expects to suspend flights starting from Friday afternoon through Saturday morning, according to a person familiar with the situation.
Super Typhoon Saola‘s passage through the extreme north of the Philippines has led to the evacuation of at least 48,000 people. PHOTO: EPA-EFE
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