Tropical storm Frank (international codename: Fengshen) brought more heavy rains and strong winds to Hong Kong on Wednesday, shutting down the city's financial markets, schools and courts.

Frank, which battered the Philippines over the weekend, passed through Hong Kong late Tuesday and was about 40 miles (65 kilometers) northwest of the city Wednesday morning, the Hong Kong Observatory said.

The average wind speed was 63 kilometers per hour or more across Hong Kong, the observatory said. It was not immediately clear how much rainfall was recorded.

The storm was headed north or northwest toward the southern Chinese province of Guangdong and was moving at about 14 kilometers per hour.

The Hong Kong government closed all schools, courts and financial markets in the morning after a weather alert was issued late Tuesday. There have been at least nine reports of flooding in various parts of the city, the government said in a statement.

Frank's strength weakened from a typhoon to a tropical storm Tuesday.

Typhoon Frank pounded the Philippines over the weekend, killing dozens in flooded communities in the central part of the country. It may also have left hundreds dead after a ferry capsized in heavy weather.