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Remarks of Officials
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
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.
Forex
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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【Storj Acquires CunoFS Creator PetaGene To Enhance Capabilities For AI And Data-intensive Industries】 October 8, Storj Announced The Acquisition Of PetaGene, The Creator Of CunoFS, To Consolidate The Growth Momentum Driven By Storj's Recent Acquisition Of Distributed GPU Provider Valdi. Storj Now Provides Distributed Cloud Object Storage, Distributed On-demand GPU Computing, And Distributed File Storage Installation. Together, These Features Provide Seamless Access To Distributed Clouds For Video And AI Workloads, Thereby Improving Performance, Security, Cost, And Carbon Savings For More Edge And Global Customers. Developed By PetaGene, CunoFS Is A High-performance Installation Client That Is Currently Expected To Revolutionize Cloud Workflows For Users Of Data-intensive Media And Entertainment Industries And All Cloud Platforms And Object Storage Vendors. In Addition To The Linux Client, CunoFS Launched A Windows Native Client At IBC 2024, And Its MacOS Native Client Will Be Launched Later This Year
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