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Remarks of Officials
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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.
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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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【South Korean Defense Minister Suggests Enforcing Martial Law, Urgent Standby For Senior Officers】 December 3Rd, The South Korean Ministry Of National Defense Stated That South Korean Minister Of National Defense, Jin Young-Seon, Presided Over A Meeting Of The Military'S Key Commanders In The Afternoon And Instructed The Entire Military To Strengthen Alertness. President Yoon Suk-Yeol Delivered An Emergency Address At The Blue House In Seoul On The Same Day, Announcing The Implementation Of A State Of Emergency. Reportedly, Jin Young-Seon Suggested To Yoon Suk-Yeol To Declare A State Of Emergency.Following Yoon Suk-Yeol'S Announcement Of The State Of Emergency, Key Military Officials Hurried Back To Their Posts To Enhance Alertness And Be Briefed On The Situation. Currently, The Military Has Ordered Commanders At The Battalion Level And Above To Be On Emergency Standby And Instructed All Ministry Of National Defense Personnel To Report To Work.It Is Reported That A Significant Portion Of The Air Force'S Military Power, Including Fighter Jets, Has Been Deployed And Is Conducting Aerial Surveillance And Patrol Missions
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