(Bloomberg) -- Hong Kong issued its third-highest storm alert for Typhoon Koinu and expects to leave it in place until at least 11 a.m. Monday, a move that...
-- Hong Kong issued its third-highest storm alert for Typhoon Koinu and expects to leave it in place until at least 11 a.m. Monday, a move that would halt morning trading on the city’s $4.8 trillion stock market.The Hong Kong Observatory issued the No. 8 storm alert at 11:50 p.m. on Sunday, after earlier raising the No. 9 signal. At 4 a.m., it issued a black rainstorm warning — the highest — as Koinu brought torrential rain to the city.
In the past hour, the maximum sustained winds recorded at Tate’s Cairn — a peak in Kowloon — was 78 kph, with maximum gusts exceeding 95 kph per hour. Buses and train services were suspended during the No. 9 signal, which was issued at 7 p.m. That meant hundreds of passengers were left stranded at Hong Kong International Airport Sunday evening, where long lines formed for taxis.
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