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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.
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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[A Xiaopeng Car Suddenly Caught Fire, And 17 Cars In The Community Were Completely Or Seriously Burned. The Car Company Responded: The Car Involved Had Been Modified] According To Meijing.com, On January 25, The Public Relations Director Of Xiaopeng Motors Responded To The "Xiaopeng Car Caught Fire And Burned More Than A Dozen Cars In The Basement", Saying: Regarding Some Information Involving Xiaopeng Motors, Our Quality Technology, User Service And Other Team Members Collected Data Analysis As Soon As Possible And Conducted Necessary Information Verification. Combined With Vehicle Data, The Original Power Battery And Vehicle Electrical Equipment Of Xiaopeng Motors At The Scene Of The Accident Were Not Abnormal. We Also Learned That The Vehicle Was Modified When It Was Repaired In The Store In March 2024. We Have Submitted The Relevant Information To The Relevant Departments And Will Further Actively Cooperate With The Accident Identification Investigation
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