Signal No 1 Issued As Storm Approaches
"); jQuery("#212 h3").html("
"); });
2020-10-11 HKT 21:15
Share this story
The observatory issued the Standby Signal No 1 on Sunday evening as a tropical depression came closer to the city on its way towards Hainan.
Despite the warning, meteorologists said winds would not strengthen significantly until later on Monday.
They said a higher warning signal was unlikely before midday on Monday, but the Signal No 3 could be issued in the afternoon or evening.
At 5 am on Monday, the tropical depression was over central to northern parts of the South China Sea, about 630 km south-southeast of Hong Kong.
The observatory said the storm was forecast to intensify gradually as it moved at about 18 kilometres per hour in the general direction of Hainan.
Last updated: 2020-10-12 HKT 05:20
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more