"The market will not be affected by the wind. From today on, Xu Zhengyu: Financial market reform will help enhance market vitality and competitiveness."

The arrangement for trading in adverse weather conditions, known as "No Trading During Windstorm Signal", will be implemented from today (September 23). Hong Kong Financial Secretary Paul Chan stated on social media that this system reform requires determination, and the arrangement for trading in adverse weather conditions is an important reform for the financial market. After careful planning, it ensures smooth and orderly operation. As an international financial center, Hong Kong must continue to improve different trading mechanisms to enhance market vitality and competitiveness, and play a better role in connecting mainland and overseas capital. Starting today, the operation of the securities and derivatives markets will no longer be affected by sudden weather conditions. There will be no need to suspend trading or delay market opening, and trading, settlement, clearing, and listing activities will continue as usual. Over the past few months, the industry has completed testing and market exercise stages. In the future, even in the face of adverse weather, everything is ready, and small and medium-sized brokerages have also received support to ensure smooth operation. HKEX's deputy CEO, Co-Chief Operating Officer, and Co-Market Head Calvin Yau explained in a radio interview that the "No Trading During Windstorm Signal" arrangement is not about trying to gain extra trading opportunities for one or two days, but because Hong Kong, as an international financial center, serves investors in different time zones, maintaining market operations in adverse weather conditions can avoid investors facing additional risks.