Hong Kong Stock Exchange Closed For Buddha’s Birthday On May 9
3.9k Share this


The Hong Kong Stock Exchange is closed today (Monday, May 9) in honor of the celebration of Buddha’s birthday on May 8.

Mainland China’s bourses are open as usual. Shares in Chinese companies listed in both the U.S. and Hong Kong such as Alibaba, JD.com and Nio will trade as usual at the New York Stock Exchange or Nasdaq.

Buddha’s Birthday, a holiday for celebration and reflection for Buddhists, is traditionally celebrated in most of East Asia to commemorate the birth of the Prince Siddhartha Gautama, the founder of Buddhism, according to an introduction by the Boston Public Library. “ Some commonalities in celebration between the different branches of Buddhists are the hanging of lanterns, enjoying communal meals, parades, and visits to temples with offerings.”

Hong Kong’s benchmark Hang Seng Index dropped 3.8% on Friday following declines in U.S. shares on worries about fallout from rising interest rates.

See related posts:

China Covid Policies Creating “Massive” Uncertainties For Businesses, European Chamber Says

China’s Ambassador To The U.S. Talks Pew Poll, Trade, Air Travel: Exclusive Interview

@rflannerychina

3.9k Share this
You May Also Like

New ‘Andor’ Trailer Takes Us Into The Imperial Senate In A ‘Star Wars’ First

Andor’s first trailer is everything I want from a new Star Wars…

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

ARK Investment Management, an investment firm founded by veteran investor Cathie Wood,…

Entertainment Payments Platform PickleJar Thrives With Artist-First Focus

Since its launch a year ago today, live entertainment and cashless tipping…

Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more

Crypto has taken over the world, and Formula One was no exception…

Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

Bill Miller the billionaire founder and Chief Investment Officer of investment firm…

Blockchain tech offers multiple paths to financial inclusion for unbanked

Financial inclusion, accessible services and the unbanked are standard talking points in…

Costco Stock To Trade Higher Past FQ3 Results?

[Note: Costco’s fiscal year ends in August] CHINA – 2022/04/25: In this…

American Shoppers Boost Retailers With Spending on Work Clothes, Discount Staples

American shoppers boosted spending at department stores and discount chains, showing resilience…