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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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[North Korea Condemns US Nuclear Submarine Docking In Busan, South Korea] A Spokesman For The North Korean Ministry Of National Defense Issued A Statement On The 11th, Condemning The US Nuclear Submarine Docking In Busan, South Korea. The Statement Said That On The 10th Of This Month, The US Navy's "Los Angeles" Class Nuclear Submarine Docked At The Busan Combat Base In South Korea On The Grounds Of Crew Rest And Arms Replenishment. The US Nuclear Submarine Appeared Publicly In The Korean Peninsula For The First Time This Year, Reflecting The US's Confrontational Attitude Towards North Korea. This Move Is A Threat To North Korea's National Security Environment And An Unstable Factor That Further Exacerbates Regional Military Tensions. The United States Deliberately Ignores North Korea's Security Concerns
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