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
A Bullish Breakout Could Open the Path for Further Gains
Summary:
A decisive move higher could open the door for further gains, particularly if the pair sustains momentum above key technical levels.
PENDING
1.15950
ENTRY
1.17300
TGT
1.15400
SL
1.17154 +0.00661 +0.57%
--
Point
PENDING
1.15400
SL
CLOSING
1.15950
ENTRY
1.17300
TGT
U.S. President Donald Trump signed an executive order implementing his trade agreement with Japan, Bloomberg reported late Thursday. The deal sets a maximum tariff of 15% on most imports from Japan, including automobiles and auto parts. In addition, the White House announced that Japan has committed to fast-tracking a 75% increase in purchases of U.S. rice, a move designed to strengthen agricultural trade ties between the two nations.
On the domestic front, recent data continued to paint a mixed picture of the U.S. economy. The labor market showed further signs of cooling as initial jobless claims rose again last week. At the same time, the trade deficit widened in July, while the services sector posted its strongest expansion in six months.
The Commerce Department revealed that the U.S. trade balance deficit surged to -$78.3 billion in July, a four-month high, up from -$59.1 billion in June and wider than the forecast of -$75.7 billion. The data suggested that companies rushed to secure supplies ahead of tariff implementation. The report also showed the U.S. trade deficit with China expanded for the first time in several months, while the gap with Mexico widened slightly.
Meanwhile, the ISM Services PMI climbed to 52 in August, up from 50.1 and beating expectations of 51. The increase signaled a solid improvement in service-sector activity. However, the Prices Paid subindex rose sharply to 69.2—the second-highest reading since late 2022—underscoring the inflationary pressures stemming from tariffs and higher input costs.
Employment data also disappointed. The ADP Employment Change for August showed an increase of 54K jobs, below the forecast of 65K, though July’s reading was revised higher from 104K to 106K. ADP Chief Economist Dr. Nela Richardson commented that while the year began with robust job growth, momentum has been shaken by growing uncertainty. She cited a combination of factors behind the slowdown in hiring, including labor shortages, cautious consumers, and disruptions linked to artificial intelligence.
On the monetary policy front, New York Fed President John Williams stated that he expects gradual interest rate cuts over time, provided the economy evolves in line with forecasts. Separately, Fed Board nominee Stephen Miran emphasized the importance of preserving the central bank’s independence, though he declined to answer whether he would advise President Trump against dismissing Fed members.
In Europe, retail sales in the eurozone fell 0.5% month-on-month in July, a steeper drop than the expected 0.2% decline and reversing the 0.6% gain in June. On an annual basis, sales rose 2.2%, falling short of forecasts at 2.4% and well below June’s 3.5% growth rate. The data underscored weaker domestic demand, fueling concerns about the eurozone’s growth outlook, even as inflation remains slightly above the European Central Bank’s 2% target.
Technical Analysis
EURUSD continues to display a bearish tone on the 4-hour chart, yet recent price action suggests that the pair is testing a descending trendline and may be preparing for a breakout to the upside. A decisive move higher could open the door for further gains, particularly if the pair sustains momentum above key technical levels. At present, the price is fluctuating between the 100- and 200-period moving averages, positioned at 1.1661 and 1.1642, respectively. A firm hold above these levels could pave the way for a rally toward 1.1733, where the next major resistance lies.
The RSI stands at 49, still within neutral territory, indicating room for directional movement. A dip toward support at 1.1590 remains possible, but as long as this level holds, buyers may attempt to initiate a fresh bullish leg. Conversely, a decisive breakdown below this support could invalidate the bullish setup and trigger a more extended downward move.
Trading Recommendations
Trading direction: Buy
Entry price: 1.1595
Target price: 1.1730
Stop loss: 1.1540
Validity: Sep 12, 2025 15:00:00
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
There are bold traders, and there are old traders, but there are no bold and old traders.
Related Analysis
Holding Support at the Averages Could Spark a Rally Toward Resistance
PROFIT +443 PointsHolding Support at the Averages Could Spark a Rally Toward Resistance
PROFIT +448 PointsA Bullish Breakout Could Open the Path for Further Gains
PENDINGResistance Rejection Points to Extended Bearish Momentum
PROFIT +397 PointsResistance Rejection Points to Extended Bearish Momentum
PROFIT +458 Points
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.