US EditionHong Kong Counts Cost of Typhoon Wipha: Losses of ‘up to HK$2 Billion’ on Sunday
MACAO, JUL 22 – Typhoon Wipha caused 163 accidents and five injuries while forcing transport suspensions and property damage during the earliest Signal No. 10 issuance in Macao since 1968.
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Hong Kong counts cost of Typhoon Wipha: losses of ‘up to HK$2 billion’ on Sunday
Typhoon Wipha may have caused financial losses of up to HK$2 billion (US$255 million) on Sunday alone, economists have said, as Hong Kong businesses counted the cost of a storm that triggered the maximum No 10 warning signal. City leader John Lee Ka-chiu on Monday noted that “significant reform” of the stock market allowed trading sessions during typhoons, and aimed to enhance Hong Kong’s competitiveness and minimise disruptions caused by severe…
According to China’s National Meteorological Center (CMN), Wipha made his way into the coast of Canton with maximum winds of up to 33 meters per second. According to reports, after his arrival Wipha was weakened, moving from typhoon to severe tropical storm. READ ALSO 34 dead after tipping a tourist boat in Vietnam Given the situation, four cities, Zhuhai, Yangjiang, Jiangmen and Maoming, and fifteen counties activated the first-level emergency …
Typhoon Wipha landed in the city of Taishan, in the southeastern Chinese province of Canton, causing the evacuation of 669 162 people and the activation of emergency measures in several localities, including suspension of classes and transportation.
Wipha brings first T10 in nearly two years; five injured, 163 incidents logged
Typhoon Wipha swept past Macau on Sunday, triggering the city’s first Typhoon Signal No. 10 in nearly two years and causing widespread disruption, though major catastrophe was avoided. The Meteorological and Geophysical Bureau (SMG) issued Signal No. 8 at 4 a.m., upgraded to Signal No. 9 by 11 a.m., and finally hoisted the highest warning, […] The post Wipha brings first T10 in nearly two years; five injured, 163 incidents logged appeared first …
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