Economists calculate the financial impact on the city, with catering, retail and transport sectors the hardest hit.

The tropical cyclone made landfall in mainland China late Sunday afternoon with winds near to those of a Category 1 Atlantic hurricane.

Rains from Typhoon Wipha pounded Hong Kong on Sunday as the storm skirted southwards before making landfall on the coast of China’s Guangdong province, leaving fallen trees and scaffolding and sending over 200 people to seek refuge at temporary shelters.