Hackers disrupt Hong Kong stock exchange

By
Follow google news

Exchange to revert to BBS if interruptions continue.

The Hong Kong stock exchange suspended trading in stocks Wednesday after hackers broke into its website which prevented investors from accessing company midday break announcements.

Hackers disrupt Hong Kong stock exchange

Hong Kong Exchanges & Clearing (HKEx) cheif executive Charles Li said the hacking was localised and did not affect other systems at the exchange.

The company will revert back to a bulletin board system to distribute stock information if the systems remain affected, but trading will not be suspended, the exchange said.

"This trading suspension policy aims to give all investors sufficient time to understand the contingency arrangements and locate issuers’ announcements on their websites," the exchange said in a statement.

Cathay Pacific and HSBC Holdings were affected by the trading halt.

It did not provide further details on the hack.

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.

Copyright © SC Magazine, Australia

Tags:

Most Read Articles

Poor WA gov M365 security led to $71k theft and children's data breached

Poor WA gov M365 security led to $71k theft and children's data breached

Health and Aged Care CISO retires

Health and Aged Care CISO retires

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

AI data hunger feeding a shadowy proxy ecosystem

AI data hunger feeding a shadowy proxy ecosystem

Log In

  |  Forgot your password?