The weather bureau issued storm warning signal 3 – the second-lowest on its scale of five – on Sept 4 evening and said the weather over the coast of Guangdong will deteriorate on Sept 5 and Sept 6. The observatory said it will assess the need to issue higher alert.
If the weather office issues a storm signal 8, the third-highest warning, the city’s US$5 trillion (S$6.5 trillion) stock market will be shut for at least a portion of the day. However, it could be the last typhoon that will force a market closure: the financial hub will end its decades-long practice of shutting markets during typhoons and major storms starting Sept 23.
www.straitstimes.com/asia/east-asia/hong-kong-prepares-for-super-typhoon-as-yagi-heads-towards-china
Yagi strengthens to a super typhoon as it menaces ‘China’s Hawaii’
www.cnn.com/2024/09/04/asia/china-typhoon-yagi-enteng-update-intl-hnk/index.html
It is expected to make landfall Friday evening across the southwest portions of China, near northern tip of Hainan.
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