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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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[Eight Large Model Standards Led By China Academy Of Information And Communications Technology Are Officially Released] According To China Academy Of Information And Communications Technology, China Communications Standards Association (CCSA) Recently Released The First Batch Of Eight Group Standards In The Series Of "General Requirements For Large-Scale Pre-trained Models For Industries". This Series Of Standards Focuses On The Urgent Needs Of Key Industries For Large Model Applications, And Stipulates Model Capabilities, Scenario Adaptation And Application Services For Industry Needs, Providing Important References For Industry Large Model Technology Product Research And Development, System Construction, Application Development And Test Evaluation. The Release Of This Series Of Standards Fills The Gap In The Field Of Large Model Application Standards, Helps Accelerate The Deep Integration And Innovative Development Of Large Models And Vertical Industries, And Provides Important Support For The Accelerated Promotion Of The "artificial Intelligence +" Action
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