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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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[US Military Statement: The Crashed Plane In The Philippines Was Leased By The US Department Of Defense To Provide Intelligence And Reconnaissance Services] According To A Statement Released On The Official Website Of The US Indo-Pacific Command, The Small Plane That Crashed In South Maguindanao Province In The Southern Philippines On February 6 Was Leased By The US Department Of Defense. The Aircraft Provided Intelligence, Surveillance And Reconnaissance Support At The Request Of The Philippines. At The Time Of The Accident, The Aircraft Was Performing Routine Tasks To Support US-Philippines Security Cooperation Activities. The US Indo-Pacific Command Said That There Were Four People On Board, Including An American Soldier And Three Defense Contractors, And No One Survived The Accident. The Names Of The Victims Need To Be Kept Confidential At Present, And The Cause Of The Crash Is Also Under Investigation. No More Details Can Be Disclosed For The Time Being
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