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Happy weekend investors! Welcome back to Weekly Buzz where we talk about the top ten buzzing stocks on moomoo this week! Comment below to answer the Weekly Topic question for a chance to win an award!
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Weekly Buzz
The market finished the week with all-time records for tech stocks, yet again. Prices were muted until CPI numbers came out Wednesday, high enough above expectations to secure hope for further rate cuts at the FOMC meet...
Make Your Choice
Weekly Buzz
The market finished the week with all-time records for tech stocks, yet again. Prices were muted until CPI numbers came out Wednesday, high enough above expectations to secure hope for further rate cuts at the FOMC meet...
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$NVIDIA (NVDA.US)$ hahah no power NVDA back to 138
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$MYEG (0138.MY)$ Here comes another Indian drama
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$Tesla (TSLA.US)$ Premarket bought at 303.35 and sold at 310 🤑🤑🤑
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$YTL (4677.MY)$ what happen to this falla. Last time I take profit at 1.80. Soon it will come again 1.80 and I am gonna buy again.
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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 $21.
As a result, analysts do not rule out the possibility that Chinese operators may consider expanding into overseas markets to avoid high tariffs.
However, we believe that this expansion will cause Chinese operators to lose their cost competitiveness, as they cannot achieve cost savings through coal production overseas.
With the United States confirming a substantial increase in Chinese commodity tariffs, it means Malaysia and...
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$SCGBHD (0225.MY)$ Lost it in the morning, bought it back cheap.
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$SCGBHD (0225.MY)$ Let's fly tomorrow.
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