News
7x24
Quotes
Economic Calendar
Video
Data
- Names
- Latest
- Prev.
Video
Latest Update
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.
Recent Searches
Trending Searches
View All
No data
U.S. Senate Passes GENIUS Act For Stablecoin Regulation
Summary:
The US Senate passed the GENIUS Act, marking a major breakthrough in stablecoin regulation. This move is expected to reshape the financial landscape, attract capital inflows, and the stablecoin market may see explosive growth, with far-reaching impacts.
The U.S. Senate has passed the GENIUS Act in a 68-30 vote, marking a significant step towards stablecoin regulation and eventual mainstream adoption in the United States.
This legislative move establishes a legal framework for stablecoins, potentially boosting capital inflow and signaling a shift in regulatory perspective amidst international actions. Immediate reactions include anticipation of increased market confidence.
U.S. Senate Endorses GENIUS Act for Stablecoin Regulation
The GENIUS Act has gained approval in the U.S. Senate, facilitating stablecoin regulation. This act aligns with international regulatory momentum and sets the stage for stablecoins to become mainstream financial instruments.
Key figures such as Christian Catalini and Joshua Chu support the regulation, emphasizing stablecoins' potential. The act enables tech and private-sector issuers to operate with clarity, significantly impacting the crypto landscape.
Regulatory Clarity Expected to Double Stablecoin Market Size
The GENIUS Act is expected to enhance market stability by providing a regulatory structure, supporting increased international and domestic investment in digital assets. Academic and industry leaders have expressed optimism about these developments.
Analysts predict stablecoin supply could double to over $400 billion by 2025, driven by regulatory measures and higher institutional participation. This aligns with ongoing trends witnessed in the European and Asian markets.
Global Influence: Learning from MiCA and HK's Ordinance
Past regulatory efforts, such as Europe's MiCA and Hong Kong's Stablecoin Ordinance, set historical precedence for the GENIUS Act. These actions signal a global shift toward integrating stablecoins within traditional finance frameworks.
Experts like Christian Catalini emphasize stablecoins' potential to reshape financial systems, supported by historical analyses of similar uptakes. The act's approval could trigger further innovation and market alignment in digital finance.
Source: CryptoSlate
Risk Warnings and Investment Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or strategy, or any other product is suitable for you based on your investment objectives and financial situation.
Quick Access to 7x24
Quick Access to More Editor-selected Real-time News
Exclusive video for free
Live Learn project team is dedicated to create exclusive videos
Real-time Quotes
View more faster market quotes
More comprehensive macro data and economic indicators
Members have access to entire historical data, guests can only view the last 4 years
Member-only Database
Comprehensive forex, commodity, and equity market data
- Economic Calendar
- Events
- Holiday
BANKS ACT (%) PREV (%) CPI (%)
SYMBOL
LONG SHORT
English
English
العربية
繁體中文
简体中文
Bahasa Melayu
Bahasa Indonesia
ภาษาไทย
Tiếng Việt
Copyright © 2023 Live Learn Ltd
Economic Calendar 7x24 Quotes Video Analysis Data Warehouse Pro AI Signal News User Agreement Privacy Policy About Us
Risk Disclosure
The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.
Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.