A typhoon is brewing over Hong Kong but it’s business as usual for the city’s $5.4 trillion stock market. The financial hub has ended a decades-long practice of shutting its markets during severe weather,

Usagi is expected to maintain a distance of more than 500km from the city and then turn towards Japan’s Ryukyu Islands

Turnover of HK$173.31 billion (US$22.2 billion) exceeds the 10-month daily average of HK$127.8 billion, but falls short of HK$184.66 billion a day earlier.

The Hong Kong Observatory issued a so-called Typhoon Signal 8, the third highest, at 11:10 p.m. local time Wednesday as tropical storm Toraji is edging closer to the Pearl River Estuary and local winds will strengthen.