Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Trump is Back. What's his next move?

avatar
Trader’s Edge wrote a column · Nov 26 10:37
Trump's antics has finally started.
In a surprising announcement, Trump has announced an increase in Tariffs on China, Mexico and Canada.
He will be looking to sign this into effect on his first day in office.
Trump is Back. What's his next move?
In a show of defiance, both $HSI Futures(DEC4) (HSImain.HK)$ and $Hang Seng TECH Index (800700.HK)$ ticked higher and added +0.63% and +0.50% respectively.
Some stocks to consider that exports heavily to US would be:
1. BABA US $Alibaba (BABA.US)$ - Consumer goods
2. BYD (1211 HK) $BYD COMPANY (01211.HK)$ - EV and lithium batteries
3. Tencent (700 HK) $TENCENT (00700.HK)$ - No physical products but mostly through the sales of online and mobile games
4. Xiaomi (1810 HK) $XIAOMI-W (01810.HK)$ - Smartphones and Household products
It still remains to be seen if Trump will follow through with his actions when he takes office in January. Along the same vein, investors should also take note that his secretary of Treasury, Scott Bessent is known to encourage the imposition of Tariffs.

Stay informed my friends!
Prepared by:
Moomoo Singapore
Isaac Lim CMT, CFTe
Chief Market Strategist
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
For full disclaimers, please visit https://www.moomoo.com/sg/support/topic5_935.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
18
2
1
+0
15
Translate
Report
208K Views
Comment
Sign in to post a comment

View more comments...