📈 Fed's first cut since 2020: Time to buy the dip? See Tech-focused stock picksUnlock AI Picks

Typhoon Bebinca lashes Shanghai in strongest storm to hit city since 1949

Published 09/16/2024, 02:26 AM
Updated 09/16/2024, 09:42 AM
© Reuters. A fallen tree is seen on the streets amid heavy rainfall, after Typhoon Bebinca made landfall in Shanghai, China September 16, 2024. REUTERS/Xihao Jiang

By Casey Hall and Ryan Woo

SHANGHAI (Reuters) - The normally-bustling financial hub of Shanghai was brought to a standstill on Monday as residents sheltered at home to wait out the worst of Typhoon Bebinca.

The Category 1 storm, which made landfall in Shanghai on Monday morning, is the most powerful tropical cyclone to directly hit the city in more than seven decades.

Packing top wind speeds of 151 kph (94 mph) near its eye, Bebinca landed in the city of nearly 25 million around 7:30 a.m. (2330 GMT), state media reported, the strongest storm to strike Shanghai since Typhoon Gloria in 1949.

Rain lashed the city and strong winds felled more than 10,000 trees across Shanghai as more than 400,000 people were evacuated from at-risk homes in Bebinca's path.

More than 56,000 rescue workers were deployed and, by early afternoon only one injury had been reported as a result of the storm, according to state media reports.

More than 1,400 flights from the city's two airports and over 570 passenger trains have been cancelled since Sunday evening, disrupting the travel plans of many people on the move over the Mid-Autumn Festival holiday, a three-day public holiday in China.

Parks and businesses were closed as four districts in Shanghai upgraded weather alerts to the highest possible level, some metro train services were disrupted and highways and elevated roads were also closed to traffic or had special speed restrictions in place.

Resorts in Shanghai, including Shanghai Disney Resort, Jinjiang Amusement Park and Shanghai Wild Animal Park, have been temporarily closed and many ferries halted.

© Reuters. A fallen tree is seen on the streets amid heavy rainfall, after Typhoon Bebinca made landfall in Shanghai, China September 16, 2024. REUTERS/Xihao Jiang

By early Monday afternoon, the eye of the storm had crossed from Shanghai to the neighbouring Jiangsu province, though rains were expected to continue in China's financial capital throughout the rest of the day.

Shanghai is rarely subject to direct hits from strong typhoons that generally make landfall further south in China. Yagi, a destructive Category 4 storm, roared past southern Hainan province last week.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.