Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Typhoon May Force Shanghai Bourse into Suspension
Adjust font size:

Trading on the Shanghai Stock Exchange could be suspended on Wednesday due to the imminent arrival of super typhoon Wipha in Shanghai, according to an urgent notice published on its website.

Wipha, packing winds of 198 kilometers per hour, is expected to hit Shanghai on Wednesday.

The Shanghai bourse said it was entitled to take temporary emergency measures if the super typhoon were to affect the normal functioning of its trading or communications systems, citing the exchange's trading regulations.

It asked "parties concerned" to be prepared for possible emergency measures and explain them to the investors.

The Shanghai Composite Index, the benchmark indicator of the currently bullish Chinese market, rose 0.07 percent to close at a fresh record of 5,425.21 points on Tuesday.

(Xinhua News Agency September 19, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- E. China on high alert as Wipha approaches
- Parade, Water Trips Canceled as Wipha Nears
- Super Typhoon Slams East China
- Typhoon Forces Rescheduling of Matches
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?