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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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I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
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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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[US Media: Early Vote Counts In Georgia Send Mixed Signals] According To ABC News, Georgia Is One Of The Seven Most Important Swing States In This Presidential Election, And The Early Election Results There Do Not Reveal Much About Where The State Will Go. Now, Trump Leads Harris With 60% Support To 40%, And The State's Expected Vote Count Accounts For Only 9%. But It Is Worth Noting That Both Metropolitan Counties In The Atlanta Area Have Reported At Least 70% Of The Expected Votes, And The Blue Votes (cast For The Democratic Party) In These Two Counties Are Significantly Higher Than The Level In 2020, While Many Other Rural Counties In The State Have Significantly Higher Blue Votes Than In 2020. However, So Far, About Three-quarters Of Georgia's Votes Are Estimated To Be Early Voting Or Absentee Voting, Which Should At Least Be More Favorable To The Democratic Party Than The Votes On Election Day. According To CNN, Georgia Secretary Of State Brad Raffensperger Said That A Total Of 12 Polling Stations In The State Extended Voting Hours Due To Bomb Threats, And Another Three Polling Stations Extended Voting Hours For "normal Reasons."
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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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