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 last Wednesday after hackers broke into its website and 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

CBA appoints new group CIO

CBA appoints new group CIO

Westpac is embedding AI across its core "flows"

Westpac is embedding AI across its core "flows"

NAB taps Databricks' Genie AI tools to derive more value from its data

NAB taps Databricks' Genie AI tools to derive more value from its data

ASX faces $20.5m penalty for failed blockchain-based system replacement

ASX faces $20.5m penalty for failed blockchain-based system replacement

Log In

  |  Forgot your password?