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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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[Yoon Seok-yeol Continues To Exercise Presidential Power And Submits A Case For The Approval Of The Appointment Of A Supreme Court Justice To The National Assembly] According To The National Assembly Bill Information System Of South Korea, South Korean President Yoon Seok-yeol Submitted A Case For The Approval Of The Appointment Of A Supreme Court Justice To The National Assembly On The 12th, And Stated, "As The Term Of The Supreme Court Justice Ends, I Request The Approval Of The National Assembly To Appoint A Successor Supreme Court Justice." Yoon Seok-yeol Delivered A Speech To The Nation On The 12th, Refusing The Request To End His Term Early, And Approved 42 Bills And Executive Orders, Etc., And Submitted A Case For The Approval Of The Appointment Of A Supreme Court Justice, Continuing To Exercise Presidential Power. According To The South Korean Constitution, The Supreme Court Justice Should Be Nominated By The President Of The Supreme Court Of South Korea (High Court) And Appointed By The President After Obtaining The Consent Of The National Assembly
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