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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.
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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.
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【Indonesia's largest taxi company: It is expected that the BYD factory will significantly reduce the prices of electric autos.】Indonesia's largest taxi company, Blue Bird (PT Blue Bird), expects that a factory to be soon operated by BYD will significantly reduce the prices of electric autos. Noni Purnomo, an executive of Blue Bird Group, stated in an interview on Wednesday that the company's goal is for electric autos to account for 3% of its fleet by next year, gradually increasing to 20% by 2030. "We are pleased with BYD's investment in Indonesia," she said. "We hope that the prices of electric autos can quickly decrease significantly." The Indonesian government announced in March of this year that BYD will begin commercial production at a factory in the country in early 2026. The factory is part of a $1.3 billion investment.
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