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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.
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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.
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[Shanghai Launches The 2024 Blockchain Application Scenario Employee Labor And Skills Competition] According To Shanghai Jing'an WeChat, Shanghai Launched The 2024 Blockchain Application Scenario Employee Labor And Skills Competition. Gui Xiaoyan, Member Of The Party Leadership Group And Vice Chairman Of The Shanghai Federation Of Trade Unions, Shao Jun, Deputy Director Of The Shanghai Data Bureau, Fu Jun, Standing Committee Member Of The Jing'an District Committee And Executive Deputy District Mayor, Lin Xiaojue, Deputy Director Of The Standing Committee Of The Jing'an District People's Congress And Chairman Of The District Federation Of Trade Unions, And Li Xiaoshan, Vice President Of Shanghai Data Group Co., Ltd., Attended The Launch Ceremony. It Is Understood That The Competition Will Closely Focus On The Six Major Industry Fields Of Supply Chain, People's Livelihood Services, Transaction Circulation, Green And Low-carbon, Shipping And Trade, And Finance, And Continue To Explore New Possibilities For Innovative Applications Of Blockchain Technology
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