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February 9th - According to information obtained from Flat Glass Group, the companys sales department recently issued a price increase notice to its customers. Effective February 9th, 2026, the prices of disperse dyes will be adjusted accordingly. Specifically, nine products, including Disperse Black ECT (300%), will see a price increase of RMB 2,000 per ton, while Navy Blue HW-SR will see a price increase of RMB 3,000 per ton. The estimated price increase for these ten products is approximately 10%. A company representative stated that against the backdrop of rising global raw material prices, the companys main disperse dye products have already adjusted prices in line with industry trends, effectively passing on upstream cost pressures. Currently, product prices are showing a stable upward trend. The company will continue to monitor raw material market price trends, optimize its supply chain management and cost control system, and adjust its business strategies in a timely manner to effectively safeguard the interests of the company and all investors.On February 9th, Meituan announced its intention to acquire Dingdong Maicais China business. Following the announcement, some users on social media expressed concerns about Dingdong Maicais future product and service standards. In response to the acquisition, Dingdong Maicai (DDL.N) stated: "Currently, Dingdong Maicais business and team are operating normally and stably, and we will continue to provide high-quality products and services. Furthermore, this year Dingdong Maicai will operate without interruption during the Spring Festival for the ninth consecutive year, and all business teams will comprehensively ensure a smooth Spring Festival consumption experience for users."February 9th - According to statistics from Haikou Customs, during the first week of the Spring Festival travel rush (February 2nd-February 8th), Haikou Customs supervised a total of RMB 1.106 billion in duty-free shopping on Hainan Island, with 191,900 people making duty-free shopping trips and 895,000 items purchased, representing increases of 6.3%, 26%, and 9.4% respectively compared to the previous week.Hong Kong-listed chip stocks continued their upward trend in the afternoon, with Montage Technology (06809.HK) surging over 52.7% on its first day of trading, GigaDevice (03986.HK) rising over 11.5%, Shanghai Fudan (01385.HK) climbing over 10%, and Tianyu Semiconductor (02658.HK), Innoscience (02577.HK), and SMIC (00981.HK) all rising over 5%.On February 9th, Hou Xiaonan, CEO and President of China Literature Group (00772.HK), released an internal letter during the Spring Festival, systematically reviewing the companys business progress in 2025 and clearly defining "evergreen content, IP + AI, and globalization" as its three core strategic directions. In the letter, Hou Xiaonan stated that 2025 will be a year for China Literature to solidify its foundation and cultivate new momentum amidst deep industry adjustments. The biggest gain will not only be a series of blockbuster works, but also a more resilient and continuously evolving ecosystem. The internal letter shows that in 2025, while consolidating its core online literature business, China Literature will achieve breakthroughs on multiple fronts, including IP visualization, commercialization, globalization, and AI. Short dramas, comics, and derivative products will achieve large-scale growth, collectively forming the "second growth curve" of the IP ecosystem.

Currency Trading Forex

Drake Hampton

Mar 24, 2022 14:28

Forex currency trading may be the correct choice for you if you're seeking for a very liquid trading environment that allows you to speculate on a practically 24/6 currency market. Forex trading should be confined to risk money, and while the off-exchange foreign currency market has certain unique hazards, it can present a chance for educated traders to benefit from a very busy worldwide market.


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The Basics of Forex Currency Trading

It is a worldwide market for currency exchange between governments, as well as for individual investors or dealers. As the name indicates, the retail off-exchange forex market does not take place on an exchange, which means that there is no physical site where all currencies are traded.

 

A critical and fundamental point to grasp about forex is that it is traded in pairs. This implies that you are simultaneously purchasing and selling a currency. For instance, you initiate a trade in the European euro versus the US dollar, or EUR/USD. This indicates that you expect the euro will appreciate in value relative to the dollar. On the other hand, if the euro depreciates against the dollar, you risk losing your whole investment, or even more. If the euro increases in value and you wish to benefit, you would "unwind" your position by selling the euro and purchasing the dollar. That is a fairly simplified example, but it should illustrate how forex works in general.

Considerations

Consider the following before engaging in forex trading:

 

Leverage: Using a little quantity of money to control a huge investment. This enables high potential returns, but caution should be exercised because it can also result in significant losses.

 

Market that operates nearly 24 hours a day, six days a week: Respond quickly to market circumstances and economic events by trading almost 24 hours a day, six days a week — from Sunday to Friday.

 

Liquidity: Forex is an extremely busy market with an enormous volume of trading, particularly in the largest currencies. Trading some of the more esoteric pairings may raise worries about liquidity.

 

Forex currency pairs are exchanged in 10,000-unit increments with no fee. However, the bid/ask spread reflects the cost of the trade.

Establishing an account

To begin forex trading with Top1 Markets, you must first establish a basic account. Individual or joint accounts are available for the Standard account. Additionally, you must request for and receive approval for margin rights on your account.

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