XM does not provide services to residents of the United States of America.

With super typhoon winds, Yagi whirls towards Southern China



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 2-With super typhoon winds, Yagi whirls towards Southern China</title></head><body>

Super Typhoon Yagi expected to make landfall in China on Friday

Yagi is world's second-most powerful storm in 2024 by wind speed

Southern provinces Hainan, Guangdong brace for Yagi's arrival

Adds latest position of Yagi in paragraph 5, closure of Hong Kong-Macau-Zhuhai bridge in paragraph 12

By Farah Master

HONG KONG, Sept 5 (Reuters) -Southern Chinese provinces and cities braced for the arrival of super typhoon Yagi, shutting schools and postponing flights ahead of its expected landfall along Hainan's subtropical coast in what could be the most powerful storm to hit China in years.

Yagi is the Japanese word for goat and for the constellation of Capricornus, a mythical creature that is half goat, half fish. It has more than doubled its strength since devastating northern Philippines earlier this week.

Packing maximum sustained winds of 209 kph (130 mph) near its eye, Yagi registers as the world's second-most powerful tropical cyclone in 2024 so far, after the Category 5 Atlantic hurricane Beryl.

Typhoons are becoming stronger, fuelled by warmer oceans, amid climate change, scientists say. Last week, Typhoon Shanshan slammed into southwestern Japan, the strongest storm to hit the country in decades.

Yagi strengthened into a super typhoon on Wednesday night and was around 500 km (300 miles) southeast of the city of Zhanjiang in Guangdong province on Thursday afternoon. Authorities had raised the typhoon alert to the highest level.

It is expected to move at a speed of 10-15 kmh (6-9 mph) bringing torrential rains to the southern coastal areas of Guangdong and Hainan island. Yagi is due to further strengthen and make landfall along the coast from Qionghai in Hainan to Dianbai, Guangdong from the afternoon to the night of Sept 6.

Trains and boats suspended operations in Hainan on Thursday morning, while many schools across southern China, including in the financial hub of Hong Kong and gambling hub Macau were shut.

Hong Kong said it would issue its third-highest typhoon signal, 8, on Thursday at 6.40 p.m., which will shut many businesses and reduce transport in the special administrative region.

The city's weather observatory said intense rain bands would affect the territory later on Thursday with heavy showers to continue on Friday. Several flights due to leave and arrive from Hong Kong's international airport on Friday have been cancelled.

If signal 8 remains in place on Friday morning, the city's stock exchange will close.


GUANGDONG, HAINAN

Guangdong province upgraded its emergency response level to the highest for strong wind, while the nearby gambling hub of Macau said it would raise its typhoon signal, like Hong Kong, between 8pm-11pm on Thursday.

The main bridge linking Hong Kong with Macau and Zhuhai in Guangdong will be closed on Thursday evening as authorities shut the world's longest sea crossing until further notice.

All inbound and outbound flights from Hainan's Haikou airport would be suspended from Thursday at 8pm until Friday midnight, local authorities said, as they closed beaches and coastal tourist attractions.

Super typhoon Yagi's projected landfall in Hainan is rare, as most typhoons landing on the duty free island are classified as weak. From 1949 to 2023, 106 typhoons landed in Hainan but only 9 were classified as super typhoons.

At least 13 people were killed in the Philippines earlier this week due to Yagi.



Additional reporting by Ryan Woo and the Beijing newsroom; Editing by Michael Perry and Miral Fahmy

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.