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
Bullish Momentum May Continue After Trendline Break
Summary:
The breakout followed a strong rebound from the 200-period moving average on the 30-minute chart, which held firm at 1.3576.
PENDING
1.37200
ENTRY
1.37700
TGT
1.36950
SL
1.37389 +0.00106 +0.08%
--
Point
PENDING
1.36950
SL
CLOSING
1.37200
ENTRY
1.37700
TGT
U.S. Treasury Secretary Scott Bessent expressed confidence that the “One Big Beautiful Bill” will move forward in the coming hours. This piece of legislation, which narrowly passed the Senate over the weekend, calls for a comprehensive overhaul of the tax code. Key provisions include wide-reaching deductions financed by cuts to Medicaid and green energy programs.
Should this bill be approved, it is expected to increase the federal deficit by $3.8 trillion, potentially exerting downward pressure on the U.S. dollar and fueling further demand for gold as a hedge against fiscal instability.
On the economic front, the ISM Manufacturing PMI for June is forecast to rise slightly from 48.5 to 48.8, suggesting a modest rebound in the manufacturing sector. Additionally, the ADP employment report is expected to show a strong recovery in private-sector job creation, with 85,000 jobs added compared to 37,000 in the previous month.
However, the more critical Non-Farm Payrolls (NFP) report, due later this week, is expected to show signs of a cooling labor market. Estimates suggest that the U.S. economy added only 110,000 jobs in June, down from 139,000 in May. The unemployment rate is forecast to tick up from 4.2% to 4.3%, further supporting the narrative of slowing economic momentum.
Meanwhile, a key trade agreement between the U.S. and the U.K. went into effect on Monday, leading to a reduction in U.S. tariffs on certain U.K. industrial goods, which could help improve trade relations between the two nations.
On the U.K. economic front, GDP data released earlier on Monday showed that the British economy grew by 0.7% in Q1, matching preliminary estimates and marking the strongest quarterly growth in a year. On a year-over-year basis, GDP increased by 1.3%, in line with the initial estimate and unchanged from Q4 2024.
However, a closer look at the underlying data reveals some concerning trends. Real household disposable income fell by 1.0%, the largest drop since early 2023, as rising prices and tax burdens eroded consumer purchasing power. Household savings also slipped to 10.9% from 12.0%, suggesting that consumers are increasingly relying on their savings to sustain spending.
Adding to the cautious sentiment, the U.K.’s current account deficit widened to £23.46 billion in Q1, up from £21.03 billion in the previous quarter and significantly exceeding market expectations of a £19.7 billion gap.
Technical Analysis
GBP/USD recently broke through a bearish trendline, a move that could spark a bullish impulse toward the local high of 1.3769 reached on June 26. This level now stands as the next key resistance zone. The breakout followed a strong rebound from the 200-period moving average on the 30-minute chart, which held firm at 1.3576. The price reversed from this support zone and headed towards the trendline, while the 100-period moving average surged higher, signaling potential for a strong upward move.
With the RSI currently at 62, indicating a move toward overbought conditions, there may be a retest of the broken trendline, which could now act as support after previously serving as resistance. Such a retest would help confirm the development of a strong bullish trend. On the other hand, if the price fails to hold above the trendline and breaks decisively below it, the bearish sentiment could resume, suggesting that the downtrend in GBP/USD remains intact.
Trading Recommendations
Trading direction: Buy
Entry price: 1.3720
Target price: 1.3770
Stop loss: 1.3695
Validity: Jul 10, 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
Upward Correction Possible for USDCAD as Key Levels Are Tested
PENDINGA Deeper USDJPY Decline May Be Brewing
PROFIT +832 PointsAn Upside Correction May Develop From Local Support
PROFIT +455 PointsEURAUD Faces Key Test as Bearish Pressure Builds
TradingAccelerating Downside Momentum Could Extend USDJPY Losses
PENDING
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.