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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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【Trump'S Deal Is Being Questioned, And The Dollar Is Poised To Have Its Worst Weekly Performance Since August】The US Dollar Is On Its Way To Its Biggest Weekly Decline In 3 Months, And Bank Investors Are Beginning To Question The So-Called “Trump Deal” That Has Strengthened The Dollar Since The US Election. The US Dollar Index Dxy Fell Nearly 0.2% In The Asian Session On Friday, And This Week'S Decline Extended To 1.1%. The US Dollar Weakened Against All Other G10 Currencies This Week, With The Dollar Falling The Most Against The Yen. Mingze Wu, Foreign Exchange Trader At Stonex Financial In Singapore, Said, “The Market Is Still Trying To Find The Trend Of The US Dollar.” “We Expect The Dollar To Fluctuate Horizontally Before Trump Is Sworn In In January Next Year. Once Trump Announces His Policies, The Dollar Trend Will Become More Clear.” Trump'S Social Media Posts Are Beginning To Disrupt Financial Markets, And People Are Increasingly Worried That His Policies May Eventually Damage The World'S Largest Economy, Causing The Dollar To Stagnate For Eight Weeks. Citigroup'S Index Tracking The Exchange Fund'S Dollar Position Climbed To Its Highest Level Since August 2023 This Week, Indicating That Long Positions May Have Expanded Excessively
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