Signal No 1 Issued As Storm Moves Closer To Hong Kong

"); jQuery("#212 h3").html("

"); });
2021-12-20 HKT 11:29
The observatory issued the Standby Signal No 1 at 11.20am on Monday, as Severe Tropical Cyclone Rai came within 800 kilometres of Hong Kong.
The storm has weakened since causing havoc and deaths as it passed over the Philippines at the end of last week. It's expected to weaken further as it moves across the central part of the South China Sea.
Hong Kong forecasters warned there could be strong winds over offshore waters and on high ground.
South Korea Unveils Digital Asset Basic Act For Stablecoin Issuance
South Korea’s newly elected President Lee Jae-myung is pushing forward with plans to allow stablecoin issuance by loc... Read more
Octopus Taps Wonder As Its Omnichannel Payment Partner Across Hong Kong
Wonder, a payment and fintech platform, has announced its partnership as the purported first omnichannel payment facili... Read more
China And UAE Ink Deal To Boost Cross-Border Payment Cooperation
China’s Cross-Border Interbank Payment System (CIPS) and the Central Bank of the United Arab Emirates (CBUAE) have si... Read more
Hong Kong Approves Banking Amendment To Boost Data Sharing In 2025
The Government welcomed the Legislative Council’s June 4 passage of the Banking (Amendment) Bill 2025, aimed at impro... Read more
Citigroup Lays Off 3,500 In China As Part Of Global Overhaul
Citigroup is cutting 3,500 tech jobs in mainland China to streamline operations and cut costs. The Citigroup China layo... Read more
Hong Kong Expands Crypto Market With Derivative Trading For Investors
Hong Kong’s Securities and Futures Commission (SFC) will soon introduce virtual asset derivatives trading for profess... Read more