DALTON TANONAKA, CNN ANCHOR: Typhoon Yutu did shut most of Hong Kong's business activity for the day. BIZASIA's Lisa Baron did analyze the economic impact when a storm roars through the region.</s>LISA BARRON, CNN CORRESPONDENT (voice-over): Business in Hong Kong ground to a standstill as typhoon Yutu blew through the territory. The storm, packing winds of up to 150 km/hour, forced not only financial markets to shut down, but also shops, schools and government offices. Barring the odd fallen tree or two, Yutu left the city's streets deserted, including the usually bustling restaurant and bar area, Lan Kwai Fong.</s>ALLAN ZEMAN, LAN KWAI FONG HOLDINGS: Basically, it devastates business, because you cannot, you know, once you close up, once you have a number eight signal or a number 10 signal, business just closes, and it's very difficult to make it up.</s>BARRON (on camera): But the day wasn't a washout for everyone. Some found ways to cash in on the storm. (voice-over): Establishments in Hong Kong's trendy Soho area offered special stormy weather fare, and taxi drivers around the territory jacked up their rates. Still, typhoon Yutu is the second major typhoon to hit Hong Kong in three weeks, and for many, that is likely to knock the wind out of their short-term bottom lines.</s>ZEMAN: We've had it twice this month and I can tell you the end of the month figures won't be looking very, very pretty.</s>BARRON: Especially perhaps, for those who attempted to brave the hostile conditions and open their doors. Even this local hangout couldn't attract business. Lisa Barron, CNN, Hong Kong.
Look at Economic Impact When Storm Roars Through Region