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In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
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.
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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[Bitget Opens A Channel For Listing Applications To Improve The Fairness And Transparency Of The Listing Process] According To Official News, Bitget Has Now Officially Opened A Channel For Listing Applications, Aiming To Provide Greater Transparency For The Asset Listing Process And Help Crypto Project Teams Clearly Understand The Relevant Procedures. Project Parties Can Submit Relevant Asset Information Through The Listing Application Page On The Bitget Official Website. The Platform Will Strictly Review All Submitted Materials To Ensure That They Comply With Legal, Regulatory And Technical Safety Standards. Project Teams Can Choose To Apply To Be Listed On Various Business Segments Such As Spot Trading, Launchpool, PoolX Or Pre-market Trading Markets. Bitget Promises Not To Charge Any Fees Related To The Application Process, Including Commissions, Agency Fees, Application Fees Or Evaluation Fees. The Tokens Provided By The Project Party Will Be Allocated To Bitget Users In Full Based On The Agreed Marketing And Promotion Plan To Ensure That The Interests Of Users Are Fully Protected. In Order To Maintain High-quality Listing Standards, Bitget Will Continue To Track Project Performance And Conduct Regular Multi-dimensional Assessments. Poorly Performing Tokens May Be Marked As "ST" (special Reminder) Or Even Face Delisting To Ensure That All Assets On The Platform Meet Bitget's Strict Standards. In Addition, Bitget Recommends That Project Owners Be Vigilant And Guard Against Fraudulent Activities Impersonating Bitget Employees On Platforms Such As X (formerly Twitter), Telegram, WhatsApp, And WeChat. Bitget Explicitly States That It Will Not Cooperate With Any External Agency To Handle Coin Listing Matters, And Strictly Prohibits Any Agency From Charging Related Fees In Any Form. To Ensure Security, Project Owners Can Confirm The Identity Of The Contact Through Bitget's Official Verification Channel. If Any Improper Behavior Or Potential Conflicts Of Interest Are Found, They Can Be Reported Through Listing@bitget.com To Ensure The Fairness And Justice Of The Coin Listing Process
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The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
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