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Remarks of Officials
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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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[Gate.io Startup New Coin Mining Launches PGC Mining, With An Expected Annualized Return Of Up To 730%] According To The Official Announcement, Gate.io Will Launch PGC Trading At 20:00 (UTC+8) On November 12, 2024. PGC Mining Is Now Open On The Startup New Coin Mining Platform. The Mining Time Is From 20:00 On November 6, 2024 To 20:00 On November 22, 2024 (UTC+8). It Is Reported That This New Coin Mining Supports Users To Pledge PGC Or USDT To Participate In Mining. In Addition, Holding GT Can Also "mine Multiple Coins With One Coin". Among Them, The Expected Annualized Return Of Staking PGC Is As High As 730%, With A Total Amount Of 40,000,000 PGC. It Is Understood That Gate.io Startup New Coin Mining Is A Staking Product Of The Platform's Startup Series. Users Can Obtain Token Pool Rewards By Staking Designated Tokens. This Mining Service Has The Characteristics Of Low Threshold, High Annualized Return, Flexible Staking, And Hourly Reward Distribution. It Can Also Achieve Multiple Mining With One Coin And Obtain Multiple Benefits By Holding GT
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