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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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【Trump's crypto project WLFI raised only $11.4 million in pre-sale in 20 hours】 on October 16, according to the official website of Trump's crypto project WLFI, its token WLFI was pre-sold for 20 hours, and only 760 million tokens were sold, raising $11.4 million at a unit price of $0.015.According to the updated sales terms and conditions of the WLFI token by the Trump family's crypto project World Liberty Financial, WLFI is only used for governance and not as an investment tool; all WLFI are currently locked in wallets or smart contracts indefinitely and cannot be transferred; if you want to unlock the transferability of WLFI through the protocol governance procedure in the future, you must meet the following conditions: determine that it does not violate applicable laws and at least 12 months after the completion of the token sale; because the token is not transferable, the company has not taken any action at present and does not plan to create a secondary market for the token; tokens cannot be refunded after purchase unless required by applicable law; WLF reserves the right to reject or cancel token purchase requests.
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