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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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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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【Turbos Finance Platform Token TURBOS Surges Above $0.006, Up Nearly 50% In 24 Hours】 November 10th, The SUI Ecosystem DEX Turbos Finance Platform's Token TURBOS Has Surged Above $0.006, Reaching A High Of $0.006259, And Is Currently Trading At $0.006163, With A 24-hour Gain Of Nearly 50%. This Price Increase Was Driven By The Launch Of The Turbos.Fun Platform. At The Same Time, The Turbos-SUI Trading Pair On The Platform Has A Daily Trading Volume Exceeding $1 Million, With The Total Trading Volume Of All Turbos Trading Pairs Reaching $1.5 Million.As The Main DEX In The Sui Ecosystem, Turbos Recently Launched The Fair Launch Platform For Meme Tokens, Turbos.Fun, With A Daily Trading Volume Exceeding $5 Million.Meanwhile, The Sui Ecosystem's Domain Name Service SuiNS Is About To Launch The NS Token, With Turbos Being The First Launch Partner For NS. NS Is A Decentralized Identity Product, And Liquidity Providers Can Earn Additional Rewards On The First Day Of The Token's Listing, Further Solidifying Turbos' Important Position In The Sui Ecosystem
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