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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.
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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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[WSJ: French Users Who Spent More Than $30 Million On Polymarket To Bet On Trump's Victory Said "there Is No Political Purpose"] According To The Wall Street Journal, French Users Who Spent More Than $30 Million On Polymarket To Bet On Trump's Victory Said "there Is No Political Purpose." The Man Who Calls Himself Théo Said In A Zoom Call With A Reporter From The Wall Street Journal: "My Purpose Is Just To Make Money," He Claimed To Be A Frenchman Who Had Lived In The United States And Worked As A Trader In A Bank. It Is Reported That Théo Opened A Polymarket Account In The Name Of Fredi9999, Theo4, PrincessCaro And Michie, And Bet On Trump In The 2024 Election, With A Bet Amount Of About $38 Million. It Is Reported That If Théo's Expectations Of Trump's Big Victory All Come True, He Can Get A Return Of More Than $80 Million, Which Is More Than Twice His Investment. If Harris Wins, Théo May Lose All Or Most Of The $30 Million, Which He Said Is Most Of His Available Liquid Assets
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