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)
