Hong Kong Stock Market Opens After Heavy Rain Halted Trading
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Hong Kong’s stock exchange opened for afternoon trading after a storm dumped as much as 200 millimeters (8 inches) of rain on the city and forced most services to shut down for the morning.
The stock exchange canceled morning trading after the Hong Kong Observatory issued its highest-level rainstorm warning at 4:10 a.m. The black warning was in effect for about five hours before being lifted as the rain eased. China Galaxy Securities Co., which made its debut in Hong Kong today, postponed its listing ceremony to tomorrow.