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Remarks of Officials
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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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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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[Gate Group Announces Sponsorship Of TON Ecological Hackers League Hackathon] According To Official News, Gate Group Has Become The Title Sponsor Of TON Ecological Hackers League Hackathon And Has Reached A Strategic Cooperation With Ton Society. The Hackathon Will Be Held From October 5 To December 20, 2024. The Total Prize Pool Of The Event Is As High As 3 Million US Dollars, And Offline Training Camps Will Be Held In 19 Cities Around The World. It Is Understood That This Hackathon Is Aimed At Global Blockchain Developers And Is Committed To Promoting Technological Innovation And Project Incubation. Gate Group Will Launch A Series Of Activities Such As Customized SBT Gifts And Task2Earn. Participants Can Win $TON, $GT, $USDT And Other Rewards By Completing Tasks. At The Same Time, Gate Group Will Launch The Three-month TonVibe2024 Theme Event. By Completing Tasks, Users Can Obtain SBT Jointly Customized By Ton Society And Gate Group And A Series Of Joint Incentive Activities By Ton Ecological Project Parties, And Win $TON, $GT, $USDT And Other Rewards
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