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Remarks of Officials
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Central Bank
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
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Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
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Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
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【Parity COO: The Ultimate Vision Of Decentralization Is For The Community To Determine The Overall Direction Of Development】 At The Polkadot Decoded Asia Conference Held In Singapore, Chrissy Hill, COO And Chief Legal Officer Of Parity, Delivered A Keynote Speech Entitled "How To Maintain Decentralization And Compliance In Web 3.0".
Chrissy Pointed Out That Web3 Has The Grand Mission Of Bringing Value To Billions Of Users And Giving Birth To A New And Fairer Global Digital Economy And Supporting Business Model. One Of The Important Core Values Is Decentralization.
She Emphasized That The Ultimate Vision Of Decentralization Is For The Community To Determine The Overall Direction Of Development, The Founder's Influence Is Equal To That Of All Members Of The Community, And All Protocol Codes Are Open Source And Can Be Forked By Third Parties. However, This Process Needs To Be Carried Out Step By Step. Ultimately, Web3's Business Model Will Help Meet The Growing Demand For Networks That Respect User Data Rights
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