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$NVIDIA (NVDA.US)$ If it is gone, I believe there will be no stock market in the future.🤣
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$MYEG (0138.MY)$ After the performance report for the third quarter was announced yesterday, investors are believed not to be disappointed as both revenue and profit continue to grow.
Here, investors will not comment on the performance because there are already many reports and articles about MYEG's performance that can be referred to.
However, an article about MYEG from The Edge today has caught the attention of investors. This note is made here for future reference.
Attached is a screenshot of this report. The key points have been marked for the convenience of all stock friends. In this report, Ma Bank's investment bank stated:
1. Until the first half of 2025, MyEG will continue to sell 1 million tokens every quarter, and these tokens are expected to be included in the cryptocurrency exchange traded fund (ETF) launched by MaiCapital in Hong Kong.
2. The application of COO (Certificate of Origin) in Ztrade business has doubled in growth, reaching 0.01 million applications per month by the end of the fourth quarter of 2024.
3. The iris authentication scan of World Coin, founded by Chat GPT, the father of Open AI, and Ultraman, has grown to 15,000 applications daily in October and November of this year.
At this point, I believe many stock enthusiasts will be curious about Ultraman and MY...
Here, investors will not comment on the performance because there are already many reports and articles about MYEG's performance that can be referred to.
However, an article about MYEG from The Edge today has caught the attention of investors. This note is made here for future reference.
Attached is a screenshot of this report. The key points have been marked for the convenience of all stock friends. In this report, Ma Bank's investment bank stated:
1. Until the first half of 2025, MyEG will continue to sell 1 million tokens every quarter, and these tokens are expected to be included in the cryptocurrency exchange traded fund (ETF) launched by MaiCapital in Hong Kong.
2. The application of COO (Certificate of Origin) in Ztrade business has doubled in growth, reaching 0.01 million applications per month by the end of the fourth quarter of 2024.
3. The iris authentication scan of World Coin, founded by Chat GPT, the father of Open AI, and Ultraman, has grown to 15,000 applications daily in October and November of this year.
At this point, I believe many stock enthusiasts will be curious about Ultraman and MY...
Translated
![MYEG's blockchain business will continue to shine in the fourth quarter.](https://sgsnsimg.moomoo.com/sns_client_feed/101727597/20241122/1732206145172-random5145-101727597-android-org.jpeg/thumb?area=104&is_public=true)
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$JCY (5161.MY)$ reversal or rebound?
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(Kuala Lumpur, 17th news) The US imposes higher tariffs on Chinese gloves than expected, stimulating a surge in local glove stocks, among which the most favored by the market. $HARTA (5168.MY)$ has hit the limit up!
Industrial Investment Bank's research report today states that the United States has confirmed a substantial increase in commodity tariffs on China, with the tariff rate for gloves set to increase to 50% from 2025 and further increase to 100% in 2026.
Analysts believe that the punitive measures against China by the United States will bring significant spill-over effects for Malaysian glove manufacturers, and the average selling price of Chinese gloves may exceed Malaysia's as early as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is set to increase to 25% in 2026, which is much lower than the current adjustment level.
Analysts further said that this could lead to an average selling price of Chinese gloves rising from the current $17 to $25.50 in 2025, or even $34 in 2026.
Therefore, this will bring price advantages to Malaysian glove manufacturers, as their comprehensive average selling price is only between $20 and $21.
As a result, analysts do not rule out the possibility that Chinese operators may consider expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will cause Chinese operators to lose their cost competitiveness, as they cannot achieve cost savings through coal production overseas.
With the United States confirming a substantial increase in Chinese commodity tariffs, it means Malaysia and...
Industrial Investment Bank's research report today states that the United States has confirmed a substantial increase in commodity tariffs on China, with the tariff rate for gloves set to increase to 50% from 2025 and further increase to 100% in 2026.
Analysts believe that the punitive measures against China by the United States will bring significant spill-over effects for Malaysian glove manufacturers, and the average selling price of Chinese gloves may exceed Malaysia's as early as next year.
Previously, the proposed import tariff on Chinese gloves by the United States is set to increase to 25% in 2026, which is much lower than the current adjustment level.
Analysts further said that this could lead to an average selling price of Chinese gloves rising from the current $17 to $25.50 in 2025, or even $34 in 2026.
Therefore, this will bring price advantages to Malaysian glove manufacturers, as their comprehensive average selling price is only between $20 and $21.
As a result, analysts do not rule out the possibility that Chinese operators may consider expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will cause Chinese operators to lose their cost competitiveness, as they cannot achieve cost savings through coal production overseas.
With the United States confirming a substantial increase in Chinese commodity tariffs, it means Malaysia and...
Translated
![US Raises Higher Tariffs on China, Malaysian Glove Stocks Soar on News](https://sgsnsimg.moomoo.com/sns_client_feed/101643946/20240917/ccffdf9f8216690a74f5d2dc8ab63a5d.jpg/thumb?area=104&is_public=true)
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$SENDAI (5205.MY)$
Seem like someone try to pressing down the price
Seem like someone try to pressing down the price
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$SNS (0259.MY)$ The rebound is coming, there are already signs of a rebound, and there will be a bullish trend in the first two weeks of September.
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$NVIDIA (NVDA.US)$ His performance will affect the entire stock market.
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$GCB (5102.MY)$
1.Pullback completed from 40MA
2.Uptrend with no weakness
3.Suitable for long term
Support = RM3.58
Resistance = RM4.44
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions
1.Pullback completed from 40MA
2.Uptrend with no weakness
3.Suitable for long term
Support = RM3.58
Resistance = RM4.44
Disclaimer: This post is for informational purposes only. Always consult a financial advisor before making any investment decisions
![GCB Pullback Completed. Continuation Trend ?](https://sgsnsimg.moomoo.com/sns_client_feed/103994375/20240711/0cdd5288336e78931a52278277a9a389.png/thumb?area=104&is_public=true)
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