Regarding recent concerns about the “Severe Weather Trading” policy in light of Super Typhoon Ragasa approaching Hong Kong.
Release Date: 2025-09-22
The Hong Kong Securities & Futures Professionals Association (“the Association”) is deeply concerned that the Hong Kong Exchanges and Clearing Limited (“HKEX”) intends to maintain its “Severe Weather Trading” policy while Super Typhoon Ragasa approaches. According to the Hong Kong Observatory’s forecast, the typhoon is expected to be closest to Hong Kong on Wednesday, 23 September, bringing strong winds of up to 210 km/h and heavy rain, which may pose a serious threat to Hong Kong. As the representative body of the local securities industry, the Association strongly calls on the Government and HKEX to consider suspending trading in Hong Kong’s securities and derivatives markets during the imminent severe weather to protect the safety of industry personnel and the public.
Forcing the market to remain open during severe weather may put industry staff at serious risk while commuting to work, endangering their lives. The Association has consistently emphasized that market operations must prioritize employee welfare, and any policy decisions should give precedence to personal safety. The Association urges relevant institutions to closely monitor the weather situation and to announce market suspension arrangements promptly to avoid unnecessary risks.
The Association will continue to engage with the industry and regulators to promote a safer market environment. Any further developments will be announced immediately.
Mofiz Chan
Chairman
Hong Kong Securities & Futures Professionals Association
Forcing the market to remain open during severe weather may put industry staff at serious risk while commuting to work, endangering their lives. The Association has consistently emphasized that market operations must prioritize employee welfare, and any policy decisions should give precedence to personal safety. The Association urges relevant institutions to closely monitor the weather situation and to announce market suspension arrangements promptly to avoid unnecessary risks.
The Association will continue to engage with the industry and regulators to promote a safer market environment. Any further developments will be announced immediately.
Mofiz Chan
Chairman
Hong Kong Securities & Futures Professionals Association