Hong Kong braces for Tropical Storm Nalgae

Storm clouds form over the harbor in Hong Kong, Wednesday, Nov. 2, 2022. Severe tropical storm Nalgae edged closer to Hong Kong on Wednesday and forced businesses to close, but the finance summit that's meant to restore the city's image as an international financial hub pressed ahead. (AP Photo/Kanis Leung)

HONG KONG (AP) — Schools and offices closed and some events were canceled in Hong Kong on Wednesday as Tropical Storm Nalgae swept south of the city, while a finance conference meant to restore Hong Kong's image as an international business center went ahead.

As the city braced itself, temporary shelters were opened and theme parks were closed. Afternoon trading was suspended in the stock market, and some ferry and bus services were halted. The Hong Kong Jockey Club scrapped the evening's horse races.

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