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
USDCAD Could Sustain Its Uptrend While Local Lows Remain Protected
Summary:
The 200 period moving average could serve as a key support level, potentially providing the base for renewed bullish momentum if it holds.
Trading
1.37867
ENTRY
1.39500
TGT
1.37100
SL
1.38174 +0.00264 +0.19%
0
Point
Flat
1.37100
SL
CLOSING
1.37867
ENTRY
1.39500
TGT
U.S. Treasury Secretary Scott Bessent said on Tuesday that he expects the Supreme Court to uphold former President Donald Trump’s reliance on a 1977 emergency powers law to impose tariffs on trading partners. He also noted that the administration has a contingency plan in place if the Court rules otherwise. Meanwhile, Trump confirmed he would seek a “fast-track ruling” from the nation’s highest court.
On Friday, the U.S. Court of Appeals for the Federal Circuit upheld a ruling that declared the broad tariffs imposed unilaterally by Trump as unlawful. This decision directly affects the so-called “reciprocal tariffs” on most nations worldwide, including the additional levies applied to China, Mexico, and Canada.
At the same time, U.S. economic data continue to highlight fragility in the manufacturing sector. The latest ISM Manufacturing PMI survey showed that overall activity remains in contraction territory, with both output and employment still under pressure. Although a rebound in new orders provided some relief, the increase in prices paid signaled persistent cost pressures, further complicating the inflation outlook.
San Francisco Fed President Mary Daly said on Sunday that policymakers are prepared to cut interest rates soon, adding that tariff-driven inflation is likely to prove temporary.
Looking ahead, attention will turn to Friday’s twin labor reports. The U.S. Nonfarm Payrolls (NFP) release is expected to play a crucial role in shaping the Federal Reserve’s September policy decision. Market participants are closely watching to assess whether the central bank will opt for a 25 basis-point rate cut or consider a larger move.
In Canada, Statistics Canada reported that real GDP contracted by 0.4% in the second quarter compared with the previous quarter, reflecting weakness in exports and business investment. This has increased market expectations for the Bank of Canada (BoC) to move toward easing monetary policy.
The Canadian manufacturing sector is also under scrutiny. S&P Global’s Manufacturing PMI is due this week, following July’s reading of 46.1, which marked the sixth consecutive month of contraction. These figures will offer more clarity on the health of Canada’s industrial sector, already pressured by weaker global trade flows and subdued domestic demand.
Additionally, Friday’s Canadian employment report will be a critical input for shaping expectations ahead of the BoC’s September 17 policy meeting.
Technical Analysis
USDCAD rebounded higher after testing the support area around 1.3723. This corrective move followed the pair’s recent climb toward the local peak of 1.3925, reached on August 22. Currently, the price is hovering between the 100-period and 200-period moving averages on the 4-hour chart, positioned at 1.3808 and 1.3770, respectively. The 200-period moving average could serve as a key support level, potentially providing the base for renewed bullish momentum if it holds.
The RSI is currently at 54, still well below overbought territory, suggesting that bullish momentum could persist as long as the price does not decisively break below 1.3720. A clear downside breach of this level, however, could pave the way for a deeper corrective move, invalidating the bullish setup in the process.
Trading Recommendations
Trading direction: Buy
Entry price: 1.3785
Target price: 1.3950
Stop loss: 1.3710
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
Resistance Rejection Points to Extended Bearish Momentum
TradingResistance Rejection Points to Extended Bearish Momentum
TradingBearish Momentum Could Resume From Resistance
TradingBearish Momentum Could Resume From Resistance
TradingUSDCAD Could Sustain Its Uptrend While Local Lows Remain Protected
Trading
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.