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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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[Tether Report: USDT On-chain Users Exceed 330 Million] Tether Published A Statement Saying That As Of The End Of The Third Quarter Of 2024, 330 Million On-chain Wallets And Accounts (user Agents) Had Received USDT, With More New Users Each Quarter Than The Previous Quarter, And An Average Growth Of 9% Over The Past Four Quarters. The Third Quarter Of 2024 Was Its Fastest Growing Quarter To Date, Welcoming 36.25 Million Users. Tether Said That USDT Is Most Used On Tron, Binance Smart Chain And Ethereum, And The Fastest Growth In The Past Year Came From Ethereum Layer2: Optimism, Arbitrum And Polygon, As Well As Avalanche And Solana. USDT Has Experienced Explosive Growth On TON, Adding 3.3 Million Users In Just Six Months, Accounting For 1% Of All USDT On-chain Users
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