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Remarks of Officials
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
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.
Forex
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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【Huawei Entertainment Sued The Media “Yuan Qicong”, Demanding Legal Liability, Compensation For Losses, And Elimination Of Influence】The Ministry Of Legal Affairs Of Shangjie Auto, Which Has Cooperated With BAIC, Announced In A Weibo Post Today That It Will Formally Sue “Yuan Qicong” From The Media. According To Reports, The Self-media “Yuan Qicong” And Its Related Matrix Account Published Unobjective And Unrigorous Test Findings Involving The S9 On Platforms Such As “Sina Weibo,” “Today's Headlines,” And “Bilibili,” Which Seriously Misled Consumers And Damaged The Reputation Of The BAIC Xinjie Automobile Brand. In Order To Protect The Legitimate Rights And Interests Of The Brand, After Obtaining Sufficient Evidence, Enjie Filed A Civil Lawsuit Against The Self-media, Demanding Legal Liability, Compensation For Losses, And Elimination Of Influence. “The Internet Is Not An Illegal Place; We Will Resolutely Use Legal Weapons To Protect The Legitimate Rights And Interests Of Brands And Consumers.” The Legal Department Of Xiangjie Auto Said
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