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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.
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[Chicago Corn And Brazilian Real Fell, Reports Say Brazilian Ethanol May Be Trump's Tariff Target] CBOT Corn Futures Fell 0.35% To $5.0225 Per Bushel, And Hit A Daily Low Of $4.9950 At 20:57 Beijing Time (shortly Before The Release Of The US PPI Data). The Brazilian Real Fell 0.56% Against The US Dollar To 5.7923 Reais, Slightly Recovering From The Daily Low Of 5.7988 Reais. According To The Sao Paulo Newspaper, Brazilian President Lula Received A Warning From Raizen, A Large Ethanol Company In The Country, That Ethanol May Be The Next Target Of US President Trump's Trade Measures. The United States Complains That Brazil Has Set Up Barriers To Imports Of Its Own Corn Ethanol, While Brazil's Ethanol Produced From Sugarcane Has Basically Entered The US Market Tariff-free. Brazil's 18% Tariff Mainly Affects Producers In The Midwest Of The United States. According To Reports, Brazilian Government Officials Refuted This Statement, Saying That The Situations Of The Two Countries Are Not Completely Comparable
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