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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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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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【SunDog: Will airdrop $100,000 worth of SUNDOG to SUNBOT users】 on November 1, SunDog said on the social platform that it will airdrop $100,000 worth of SUNDOG to SUNBOT users in the next 7 days. The conditions for obtaining airdrop qualifications are:· Have traded SUNDOG with SUNBOT. · Hold SUNDOG in the wallet address used.Previously, SunDog expressed support for the Republic of Liberland, a sovereign state located between Croatia and Serbia on the west bank of the Danish River. In order to support the growing Liberland community and the values it advocates, it has donated $10,000 worth of SUNDOG to the Liberland Treasury.
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