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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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【Ultraman: I Considered Musk A Friend, But He Wants To Control Ai In His Own Hands.】Openai CEO Sam Altman Stated On Thursday That Tesla CEO Elon Musk Often Criticizes And Sues Him And Openai, Mainly Because Musk Wants To Control The World'S Most Powerful Ai. In A Podcast Interview, Altman Said, "I Believe This Is Because He Wants The World'S Most Powerful Ai To Be Controlled By Him. We'Ve Seen Elon Attack Many People, Including Many Of My Friends. Everyone Spends Some Time In His Spotlight; It Seems To Be His Standard Behavior. Yet, I Still Consider Him A Former Friend And A Co-Founder Of Openai."
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