Hong Kong will end its practice of closing markets during typhoons and major storms starting September 23. Chief Executive John Lee announced broad support for the change, aligning Hong Kong with other financial hubs. This decision comes after the pandemic demonstrated that markets can operate remotely. The government has pushed for this change despite opposition from smaller brokers due to costs. The trading halt during severe weather also impacted the Stock Connect with Shanghai and Shenzhen, which sees significant daily trading volumes. The transition period will allow ample time for adjustments.