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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.
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Economic Recession to Drive EUR/USD Down to 1.15
Summary:
The European Central Bank raised its key interest rate, stating that “the war in the Middle East is causing inflationary pressures.” This marks the first rate hike since September 2023, following seven consecutive meetings in which rates were kept unchanged.
Trading
1.15098
ENTRY
1.13000
TGT
1.17000
SL
1.14640 -0.00362 -0.31%
0
Point
Flat
1.13000
TGT
CLOSING
1.15098
ENTRY
1.17000
SL
Fundamentals
On the euro side, the current rebound in economic sentiment indices for the eurozone and Germany, along with the easing of tensions between the U.S. and Iran, are providing some support for the exchange rate. At the same time, the euro is receiving additional support from hawkish signals sent by the European Central Bank (ECB), which has further strengthened its tightening stance after raising interest rates for the first time in nearly three years. The ECB has raised its inflation forecast for 2026 to 3% due to persistent energy shocks and mounting price pressures across the eurozone.
On Wednesday, June 17, the Federal Open Market Committee (FOMC) concluded its latest monetary policy vote, with all members unanimously agreeing to keep the benchmark interest rate range at 3.50%–3.75%—marking the Fed’s fourth consecutive meeting at which it chose to hold rates steady. Although interest rates were not adjusted at this meeting, the dot plot, Summary of Economic Projections (SEP), and the newly revised policy statement released simultaneously sent a strongly hawkish signal, completely reversing the market’s previous dovish pricing logic. The interest rate futures market immediately repriced rapidly, and expectations for rate hikes in 2026 rose sharply.
Technical Analysis
On the daily chart, the EUR/USD Bollinger Bands are widening downward, and the moving averages are diverging downward, indicating that the overall downtrend remains intact. The MACD has formed a death cross, and the RSI stands at 38, suggesting that the market is in a bearish mood. On the four-hour chart, the Bollinger Bands are widening downward, the moving averages are diverging downward, and the price is oscillating downward along the lower Bollinger Band. The RSI stands at 35, indicating that market participants are predominantly selling. The recommended strategy is to sell on rallies.
Trading Recommendation
Trading Direction: Sell
Entry Price: 1.152
Target Price: 1.13
Stop-Loss Price: 1.17
Support Levels: 1.145, 1.14, 1.13
Resistance Levels: 1.17, 1.2, 1.21
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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.
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