Hong Kong has just had its first number eight storm signal in November in 50 years. Storm Nalgae had earlier devastated the Philippines, killing over 100 people. But in Hong Kong, it was a more lacklustre affair, with very little reports of damage or casualties. The Observatory lowered the signal eight to a number three at around 5:20 am and later cancelled all signals by 6:30am. Schools had been suspended on Wednesday, with the T8 being raised around lunchtime. Violet Wong reports:

A spokesman from the Meteorological Society has described how rare it is for a number 8 storm signal to be seen in Hong Kong in autumn. Leung Wing-mo said an anti-cyclone weather system normally occurs around this time of the year, producing northerly winds that push away approaching storms from the south. He told Ben Tse that the anti-cyclone was to blame for Nalgae's weakness when it approached the SAR:

Amid the storm, Hong Kong is holding its first major financial forum in years. The Chief Executive John Lee has told the top-level bankers and financial industry heavyweights from around the world who are attending the Global Financial Leaders’ Investment Summit that "this is the moment" to do business in Hong Kong. As Vicky Wong reports, he said the worst was behind the SAR and abundant opportunities awaited:

The Financial Secretary Paul Chan says the financial summit will help highlight the business opportunities in Hong Kong and the region. Chan, in an exclusive interview with RTHK, said the summit would help illuminate the way forward for the top executives who attended. Noel Quinn, HSBC's chief executive, also told RTHK that Hong Kong remained a strong international finance centre and that he had "total confidence" in the territory. Natale Ching reports:

The CEO of the Hong Kong Investment Funds Association hopes the government can ease travel curbs so the city can thrive in its role as “super connector” to the mainland. Sally Wong hailed Wednesday's speech by Chief Executive John Lee at the Global Financial Leaders’ Investment Summit about the SAR's strengths as an international finance centre. But she said action was needed to improve access to cross-border connect schemes as well as unimpaired travelling. She spoke to Samantha Butler:

Visitors could soon be allowed to head to attractions, such as Disneyland and the Big Buddha on Lantau, as soon as they arrive in Hong Kong, under proposals from the tourist industry. The Travel Industry Council says the exemption from Covid rules would apply only to incoming travellers who join organised tours. It is hopeful it will be in place in time for the Christmas holidays. Maggie Ho reports: