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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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[Meta Will Use Facial Recognition To Combat Fake Celebrity Scams] On October 22, Facebook's Parent Company Meta Platforms (META.O) Will Begin Using Facial Recognition Technology To Combat Scams Using Celebrity Photos, The So-called "celebrity Bait Ads." Scammers Use Celebrity Photos To Lure Users To Click On Ads, And Then Lead Them To Suspicious Websites Designed To Steal Personal Information Or Ask For Money. Meta Will Begin Using Facial Recognition Technology To Screen Out These Ads By Comparing Pictures In Posts With Pictures On Celebrities' Facebook Or Instagram Accounts. "If We Confirm A Match And The Ad Is A Scam, We Block It," Meta Wrote In A Blog Post. Meta Did Not Disclose How Common This Type Of Scam Is On Its Services
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