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Remarks of Officials
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
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.
Forex
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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【Huadong Pharmaceutical Completed Two Phase Iii Clinical Trials Of The Innovative Topical Skin Preparation Rofloxate Cream To Enroll The First Patient】Recently, Hangzhou Sino-US Huadong Pharmaceutical Co., Ltd. (“East China”), A Wholly-Owned Subsidiary Of Huadong Pharmaceutical Co., Ltd. (“East China”) Conducted A Multi-Center, Randomized, Double-Blind, Excipient-Controlled Phase Iii Bridging Study Evaluating The Efficacy And Safety Of 0.15% Rofloxate Cream (Zoryve) In Patients With Mild To Moderate Atopic Dermatitis, Completed The First Patient Enrollment And Administration At Huashan Hospital Affiliated To Fudan University In Shanghai; A Multi-Center, Randomized, Double-Blind, Excipient-Controlled Evaluation 0.3% Of Rofloxate Cream (Zoryve) Treatment Phase Iii Clinical Study On Efficacy And Safety Of Plaque Psoriasis In China Peking University People'S Hospital Completed Enrollment And Administration Of The First Test Subject. Rofloxate Cream Is An Innovative Topical Skin Formulation Product Introduced By China And The US Nasdaq Listed Company Arcutis In August 2023. China And US East China Have Exclusive Licenses For This Product In Greater China And Southeast Asia
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