Hong Kong Exchange CEO Explores Ending Bad Weather Trading Halt

  • City’s bourse shuts down during tropical cyclones, heavy rain
  • Aguzin cites work-from-home experience during pandemic
Nicolas AguzinPhotographer: Giulia Marchi/Bloomberg
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Whenever inclement weather hits Hong Kong early in the morning, the city’s stock traders turn to the local observatory website to see if they need to go to work or not.

Hong Kong has a detailed series of weather alerts that determine whether businesses, schools and public transport operate. This includes the stock market -- the world’s third largest and where more than $24 billion worth of shares change hands on average every day.