Hong Kong Hunkers Down As Chaba Edges Closer
"); jQuery("#212 h3").html("

"); });
2022-07-02 HKT 10:42
Hong Kong hunkered down on Saturday as typhoon Chaba skirted about 300 kilometres to the southwest of the territory. Most of the city's public transport was restricted.
The Observatory said the storm was at its closest to Hong Kong on Saturday morning and it will consider lowering the storm signal to T3 from T8 between 4pm and 8pm.
"Chaba will make landfall near Zhanjiang shortly and depart gradually from Hong Kong. Local winds are expected to weaken gradually," said the Observatory.
KMB and Citybus said most of their bus routes were suspended, while the MTR Corporation said train services were running at limited frequencies.
The Palace Museum, scheduled to open its doors to the public on Saturday, said it won't open for the day because of the storm. It said the opening hours on Sunday will be extended.
Authorities said they had received 37 reports of fallen trees and one flooding report.
The Hospital Authority said two men had sought treatment for injuries at a public hospital.
______________________________
Last updated: 2022-07-02 HKT 14:05
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more