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吴说区块链|Feb 12, 2025 05:53
According to a commentary article in the Hong Kong Economic Journal, the consumer market in Hong Kong continues to be weak, with retail sales plummeting by 9.7% year-on-year in December of last year. It has been declining for 10 consecutive months. At present, there are at least two external pillars in the Hong Kong consumer market, namely the US stock market and cryptocurrency, both of which are popular among young people due to the increasing number of Hong Kong people investing in these two major assets in recent years. Therefore, as long as the US stock and currency markets continue to be strong, they can to some extent create a positive wealth effect in Hong Kong, providing support for consumer power. But if the US stock and currency markets burst at high levels, Hong Kong investors will be in great distress, and the only pillar of the consumer market will collapse. At that time, they may face a nightmare. read the whole passage: http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=37772
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