Hong Kong bourse hit by 'malicious hacking'

Aug 10, 2011
Hong Kong stock exchange chief executive Charles Li talks to the media. The Hong Kong stock exchange said Wednesday its website had been hit by "malicious hacking", forcing trading in at least seven companies that issued price-sensitive information to be suspended.

The Hong Kong stock exchange said Wednesday its website had been hit by "malicious hacking", forcing trading in at least seven companies that issued price-sensitive information to be suspended.

Firms that were suspended from trade include blue-chips banking giant HSBC and Hong Kong flagship carrier Cathay Pacific, after the technical problems were reported on the bourse's website shortly after the midday break.

Charles Li, the stock exchange's chief executive, said initial investigation found had launched an attack on its website.

"We are working on it and hopefully we can bring it back online as soon as we can," he told a news conference later.

The exchange said its other systems were not affected and trading in its securities and derivatives markets continued to operate normally.

Companies that were suspended from included HSBC which announced the sale of its United States credit card and retail services business as part of an overhaul to streamline its global operations.

Cathay meanwhile reported its 2011 half-year earning results, with tumbling almost 59 percent compared to a year earlier.

Hackers attacked the Zimbabwe stock exchange website on Friday, forcing a shutdown of the site and hampering traders monitoring performance on the 79-company bourse.

Explore further: Twitter rules out Turkey office amid tax row

add to favorites email to friend print save as pdf

Related Stories

Nasdaq hackers target service for corporate boards

Feb 06, 2011

(AP) -- Hackers broke into a Nasdaq service that handles confidential communications for some 300 corporations, the company said Saturday - the latest vulnerability exposed in the computer systems Wall Street ...

Lenovo buying back mobile phone business

Nov 27, 2009

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

Recommended for you

Twitter rules out Turkey office amid tax row

10 hours ago

Social networking company Twitter on Wednesday rejected demands from the Turkish government to open an office there, following accusations of tax evasion and a two-week ban on the service.

How does false information spread online?

13 hours ago

Last summer the World Economic Forum (WEF) invited its 1,500 council members to identify top trends facing the world, including what should be done about them. The WEF consists of 80 councils covering a wide range of issues including social media. Members come ...

User comments : 0

More news stories

Simplicity is key to co-operative robots

A way of making hundreds—or even thousands—of tiny robots cluster to carry out tasks without using any memory or processing power has been developed by engineers at the University of Sheffield, UK.

Microsoft CEO is driving data-culture mindset

(Phys.org) —Microsoft's future strategy: is all about leveraging data, from different sources, coming together using one cohesive Microsoft architecture. Microsoft CEO Satya Nadella on Tuesday, both in ...

IBM posts lower 1Q earnings amid hardware slump

IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets.

Down's chromosome cause genome-wide disruption

The extra copy of Chromosome 21 that causes Down's syndrome throws a spanner into the workings of all the other chromosomes as well, said a study published Wednesday that surprised its authors.