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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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【Vitalik: Favors Focusing On Building Tools For Human Intelligence Augmentation Rather Than Creating Superintelligent Life.】 December 21St, Ethereum Founder Vitalik Buterin Posted On Social Media, Saying, "My Definition Of Agi (Artificial General Intelligence) Is:Agi Is An Ai Powerful Enough That If One Day All Humans Suddenly Disappeared And This Ai Was Uploaded Into A Robot Body, It Would Be Able To Independently Carry On Civilization.Obviously, This Is A Very Hard-To-Measure Definition, But I Think It Captures The Core Intuitive Distinction That Many Have In Their Heads Between The 'Ai We Are Accustomed To' And Agi. It Marks The Transition From A Tool That Is Constantly Reliant On Human Input To A Self-Sustaining Life Form.Asi (Artificial Superintelligence) Is A Whole Another Story—My Definition Is That Point At Which Humans No Longer Add Value To Productivity (As We'Ve Sort Of Reached In Board Games Over The Past Decade.)Yes, Asi Scares Me—Indeed, Even The Agi I Defined Scares Me Because Of The Clear Danger Of It Running Out Of Control. I Support US Focusing Our Work On Building Intelligence Enhancement Tools For Humans Rather Than Creating Superintelligent Life Forms."
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