Observatory Issues Red Rainstorm Warning
"); jQuery("#212 h3").html("
"); });
2020-09-30 HKT 20:11
Share this story
The Observatory issued the Red Rainstorm Warning Signal at 9.25pm on Wednesday, replacing the Black Rainstorm warning that was issued at 8.10pm.
The Red Rainstorm Warning means that heavy rain has fallen or is expected to fall generally over Hong Kong, exceeding 50 millimetres in an hour, and is likely to continue.
People have been advised to stay indoors or take shelter in a safe place.
Motorists were warned that serious road flooding was likely, as well as traffic congestion.
People living near rivers were told to stay alert to the weather conditions and that they should consider evacuation if their homes appeared to be in danger of being flooded.
______________________________
Last updated: 2020-09-30 HKT 21:31
Future Fintechs Hong Kong Subsidiary Seeks VASP And Asset Management Licenses
Future Fintech, a financial and digital technology services provider, announced that its wholly owned Hong Kong subsidi... Read more
Can Regulation Scale With Innovation? Inside The Stablecoin Plans Of HK And The U.S.
Back in 2022, stablecoins were still an emerging topic. Yet, they stirred enough flurry for the Hong Kong Monetary Auth... Read more
Cyberport Start-ups Forge Regional Fintech Ties At MyFintech Week 2025 In Malaysia
Cyberport led a delegation of its fintech start-ups to MyFintech Week 2025 (MyFW 2025), held in Kuala Lumpur from 4 to ... Read more
Hong Kongs Stablecoin Law Triggers Industry Concerns Over KYC Rules
Hong Kong’s newly implemented stablecoin law, in effect since 1 August, has sparked concern among some in the industr... Read more
Stopping Fraud At The Gate: The New Imperative For Registration & Transaction Monitoring
The Asia-Pacific fintech landscape is thriving, fueled by the rapid adoption of digital payments, online banking and al... Read more
Hong Kong Private Banks See 14% Growth, Hire 400 More Wealth Managers
Hong Kong’s private banking and wealth management sectors are poised for further growth in hiring and office expansio... Read more