Additionally, the facilitation of “northbound” travel complements other recent initiatives aimed at promoting the “southbound and northbound” flow of talent. These efforts include the Greater Bay Area “southbound” exit endorsement for talent to Beijing and Shanghai, the extension of the period of stay in Hong Kong for business visits, and the introduction of the “northbound” multiple-entry visa. Together, these measures create a robust framework for the seamless movement of talent, further integrating Hong Kong into the national development narrative.
Ethnic minorities in Hong Kong are very happy and thankful to the central and Hong Kong governments for this support, which enhances their mobility and strengthens their ties with Hong Kong and the mainland.
Muhammad Fakhrul Islam Babu, general secretary, China Bangladesh Friendship Center
Circuit breakers needed during typhoon trading
Maybe the introduction of circuit breakers during these trading periods should be considered to prevent algorithmic trading systems creating exceptional moves.
Duncan Hancock, Lamma Island
Dogecoin may be down, but it’s not out
Finding the best price at which to invest in cryptocurrency is always tricky. On the winter solstice in 2022, I was lucky to be able to buy a bitcoin for under US$17,000. Wondering if I could repeat the Midas touch on the summer solstice, I bought 10,000 Dogecoins.
Dogecoin is like a flower which blossoms once every four years. The last time Dogecoin jumped to a historical high of US$0.74 was in May 2021. Now it’s worth less than 20 per cent of that.
Hitting on the best price to buy involves gut instinct, but as long as you can ensure principal protection, as investment tycoon Warren Buffett advises, you should be OK.
While some express concern about there being no ceiling on the number of Dogecoins available on the market, we have also long lost track of the supply of US dollars as the Federal Reserve no longer reveals its M3 figures.
I don’t care if my Dogecoins can be used to buy a McDonald’s breakfast or a Tesla SUV. However, it makes economic sense for people in countries like Argentina to convert their diminishing currencies into Dogecoin.
I may have to wait for some time before Dogecoin surges again. But with a growing number turning to bitcoin instead of precious metals, the need for cryptocurrency legal tender is becoming clear.
Wei Jingui, Chongqing