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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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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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[Four Departments Launched A Special Action Of "Clear And Bright·Typical Problems In Algorithms On Internet Platforms"] The Secretariat Of The Office Of The Central Cyberspace Security And Informatization Commission And Other Four Departments Issued A Notice. In Order To Further Deepen The Comprehensive Governance Of Algorithms For Internet Information Services, It Is Decided To Launch A Special Action Of "Clear And Bright·Typical Problems In Algorithms On Internet Platforms" From Now Until February 14, 2025. The Main Tasks Include: 1. Deeply Rectify The Problems Of "information Cocoons" And Inducing Addiction. It Is Strictly Forbidden To Push Highly Homogeneous Content To Induce Users To Become Addicted. Users Shall Not Be Forced To Select Interest Tags, Illegal And Bad Information Shall Not Be Recorded In User Tags And Information Shall Not Be Pushed Based On Them, And User Personal Information Shall Not Be Collected Beyond The Scope For Content Push. 2. Improve The Transparency Of The List And Crack Down On The Manipulation Of The List. 3. Prevent Blind Pursuit Of Interests From Infringing On The Rights And Interests Of Workers In New Employment Forms. Strictly Prevent The Blind Compression Of Delivery Time, Which Leads To An Increase In Delivery Overtime Rate, Traffic Violation Rate, And Accident Rate. 4. It Is Strictly Forbidden To Use Algorithms To Implement Big Data "killing The Familiar". It Is Strictly Forbidden To Use User Age, Occupation, Consumption Level And Other Characteristics To Implement Differentiated Pricing For The Same Goods. 5. Enhance The Algorithm's Upward And Good Services To Protect The Legitimate Rights And Interests Of Netizens. 6. Implement The Principal Responsibility For Algorithm Security. (China Cyberspace Administration Of China)
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