Ragasa marked the biggest test yet for a change implemented last year by the Hong Kong stock exchange to keep trading open during severe weather.
Hong Kong’s bankers and traders hunkered down at home or booked hotels near the office as Super Typhoon Ragasa descended on the Asian financial hub.
The big international banks, including Goldman Sachs Group, Morgan Stanley and HSBC Holdings, told most employees to work from home before the typhoon unleashed a deluge of rain and sustained winds of up to 195 km per hour on Wednesday.
