Observatory Issues Standby Signal Number 1
"); jQuery("#212 h3").html("

"); });
2020-08-18 HKT 04:20
The Observatory on Tuesday morning issued the standby typhoon signal number one at 3.40 am.
At 4 am, the tropical depression was estimated to be about 520 kilometres east-southeast of Hong Kong (near 19.8 degrees north 118.4 degrees east).
It is forecast to move west-northwest at about 28 kilometres per hour across the northern part of the South China Sea towards the vicinity of the coast of western Guangdong to Hainan Island.
A statement on the Observatory's website said that according to the current forecast track, the tropical depression will skirt within about 200 kilometres to the southwest of Hong Kong on Tuesday night and Wednesday morning.
Local winds are expected to strengthen gradually later on Tuesday, and seas will be rough with swells.
The Observatory said it would consider issuing the Strong Wind Signal No 3 on Tuesday afternoon or evening.
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more
