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$MYEG (0138.MY)$ It's best not to play with this type of Shuangfei Huo Lanniao stock in the future.
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$SSE Composite Index (000001.SH)$ How to trade with a Singapore account. Thank you.
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$INARI (0166.MY)$ what is happening today?
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Do you have difficulties navigating the app, especially if you're new to moomoo? Do you feel frustrated while choosing the right tool to enhance your trading decisions?
At moomoo Learn, we're always listening to user feedback and striving to help you trade with ease and efficiency. We understand that moomoo’s numerous features can sometimes feel overwhelming. Today, we’re excited to walk you through some useful but often overlooked guides. By th...
At moomoo Learn, we're always listening to user feedback and striving to help you trade with ease and efficiency. We understand that moomoo’s numerous features can sometimes feel overwhelming. Today, we’re excited to walk you through some useful but often overlooked guides. By th...
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(Kuala Lumpur, 17th) The USA's higher tariffs on Chinese gloves exceeded expectations, inspiring a significant rise in local glove stocks, with the most favored ones experiencing a limit-up! $HARTA (5168.MY)$ particularly the limit-up board!
In a report released today, Industrial Bank Research pointed out that the USA has decided to significantly increase tariffs on Chinese goods. The tariff rate for gloves will be raised to 50% starting in 2025, and further increased to 100% in 2026.
Analysts believe that the punitive measures against China by the USA will bring significant spillover effects for Malaysian glove manufacturers, with the average selling price of Chinese gloves possibly surpassing Malaysia's as soon as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is scheduled to increase to 25% by 2026, far below the current adjustment level.
Analysts further stated that this is likely to result in an average selling price of Chinese gloves, from the current $17, skyrocketing to $25.50 in 2025, and even rising to $34 in 2026.
Therefore, this will bring a price advantage to Malaysian glove manufacturers, as the comprehensive average selling price of the industry is only between $20 and $21.
Analysts therefore do not rule out the possibility of Chinese industry players considering expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will make Chinese businesses lose their cost competitiveness because they cannot achieve cost savings through coal production overseas.
With the United States deciding to significantly increase tariffs on Chinese goods, it means a Malaysia and...
In a report released today, Industrial Bank Research pointed out that the USA has decided to significantly increase tariffs on Chinese goods. The tariff rate for gloves will be raised to 50% starting in 2025, and further increased to 100% in 2026.
Analysts believe that the punitive measures against China by the USA will bring significant spillover effects for Malaysian glove manufacturers, with the average selling price of Chinese gloves possibly surpassing Malaysia's as soon as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is scheduled to increase to 25% by 2026, far below the current adjustment level.
Analysts further stated that this is likely to result in an average selling price of Chinese gloves, from the current $17, skyrocketing to $25.50 in 2025, and even rising to $34 in 2026.
Therefore, this will bring a price advantage to Malaysian glove manufacturers, as the comprehensive average selling price of the industry is only between $20 and $21.
Analysts therefore do not rule out the possibility of Chinese industry players considering expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will make Chinese businesses lose their cost competitiveness because they cannot achieve cost savings through coal production overseas.
With the United States deciding to significantly increase tariffs on Chinese goods, it means a Malaysia and...
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$SUPERMX (7106.MY)$ $TOPGLOV (7113.MY)$ $HARTA (5168.MY)$ $KOSSAN (7153.MY)$ The four kings 👑 suddenly 🔥🔥🔥
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$WCT (9679.MY)$ Where can you check the short selling data of individual stocks?
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Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!
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101588100 : The house does not want small fish to play with them.