Cold Snap Brings Rare Freezing Temperatures To SAR
"); jQuery("#212 h3").html("

"); });
2020-12-31 HKT 09:11
Temperatures on Hong Kong's highest peak plunged below freezing point in the early hours of Thursday as a severe cold snap gripped the SAR.
While temperatures dropped to nine degrees in urban areas and as low as seven degrees in parts of the New Territories in the morning, readings at Tai Mo Shan, some 955 metres above sea level, plummeted close to minus one in the early hours.
After briefly rising above freezing, temperatures at the mountain fell again to minus 0.6 degrees at 9am.
The Observatory issued the cold weather warning while the Centre for Health Protection reminded the public, especially elderly people and those with chronic health conditions, to protect their health.
Daytime temperatures on New Year's Eve are expected to reach no higher than 12 degrees, and the cold snap is expected to last for two or three days.
Freezing temperatures on Tai Mo Shan are rare but not unknown. In January 2016, firefighters had to come to the rescue of more than 100 hikers who wanted to see the ice first hand. Some 67 people were taken to hospital.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more



