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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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Silver Breaches $58, Where's the Next Support?
Summary:
Silver prices have pulled back, ending the two-week rally. But the outlook remains firm as traders increasingly expect a rate cut at Wednesday's FOMC meeting.
Trading
57.479
ENTRY
50.000
TGT
60.000
SL
-- -- --
0
Point
Flat
50.000
TGT
CLOSING
57.479
ENTRY
60.000
SL
Fundamentals
The metals complex has been rallying for several consecutive months, but silver's advance has far outpaced the broader space. The key driver: silver is no longer valued merely as a precious metal, but as an industrial necessity. Macro and micro fundamentals have converged in a way that is unique to the white metal.
Rate-cut expectations are lifting precious-metal prices. After weeks of uncertainty, the market is once again positioned for easing. Lower rates undermine the U.S. dollar and reduce the opportunity cost of holding non-yielding metals.
In 2025 global solar installations hit a record high, pushing silver's industrial demand to levels that have driven exchange inventories to decade lows. Photovoltaic demand has exploded over the past five years; incremental demand from newer industries remains comparatively modest. The combination of inelastic supply and elastic demand growth underpins the silver bull market.
Financial flows now dominate the marginal-demand equation. Expectations of a secular decline in fiat-money confidence, sticky inflation, and abundant liquidity are the primary re-rating catalysts. Unlike gold, silver's industrial offtake cannot be substituted easily, and mine supply cannot be ramped quickly. While gold serves as the core hedge, accelerating momentum typically channels hot money into silver, which offers higher beta. Once the macro narrative turns constructive, speculative appetite expands.
According to the CME FedWatch Tool, there is an 89% probability that the FOMC will lower the federal-funds target by 25 bps to 3.50%-3.75% at its December meeting. U.S. labor-market conditions appear to be deteriorating further, entrenching the dovish narrative. The ADP employment report showed 32,000 job losses in November, versus consensus for a 5,000 gain, pressuring the US dollar.
Technical Analysis
On the 1-hour chart, Bollinger Bands are diverging downward and the moving-average ribbon is fanning out bearishly. Price is riding the lower band while the MACD has printed a "death cross" and bullish momentum is fading. This bearish divergence suggests further downside. RSI at 33 has slipped into oversold territory. Immediate support sits at the psychological 57 level and the EMA200 at 55.2.
On the daily, the Bands are still flaring upward and the MAs remain in bullish formation, so the macro up-trend is intact. Yet a Doji Star followed by a large bearish candle makes a retracement toward the EMA12 highly probable. A decisive break below that moving average would flip the trend. RSI reads 68 but its peaks are descending, hinting waning momentum and a potential turning point.
Therefore, traders are recommended to look for shorts on strength.
Trade Recommendations
Trade Direction: Sell
Entry Price: 57.9
Target Price: 50
Stop Loss: 60
Support: 55/53/50
Resistance Levels: 59/60/65
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.
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