By P.R. Venkat and Sherry Qin
Hong Kong's trading session was canceled due to a typhoon alert issued by the government, which is at signal No. 8.
"All trading sessions today (Friday) in the securities and derivatives markets, including after-hours trading session, have been canceled," Hong Kong Exchanges & Clearing said at noon after canceling the morning session.
The Hong Kong Observatory said on its website that typhoon Saola continues to move closer to Hong Kong and that the weather will deteriorate gradually in the next few hours.
"There will be heavy squally showers and violent winds. The gale or storm signal No. 8 will remain in force for most of today," it said.
Write to P.R. Venkat at firstname.lastname@example.org
(END) Dow Jones Newswires