Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
Trending
Indices
US
Crypto
Forex
Commodities
Futures
SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
- All
- Chatrooms
- Groups
- Friends
Connecting
.
.
.
US
VN
TW
- All
- US Election
- Israel-Palestine Conflict
- Russia-Ukraine Conflict
Search
News
Trending Topics
Daily News
To quickly learn market dynamics and follow market focuses in 15 min.
Remarks of Officials
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Central Bank
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Forex
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
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
Top Searches
View All
No data
Search
Trump's Fossil Fuel Push May Satisfy AI's Soaring Energy Demand — But What About Nuclear?
Benzinga
President-elect Donald Trump ran on a promise to “drill, baby, drill” in his second term in office, reflecting his continued support of the fossil fuel industry. His stance on nuclear energy, however, is murky.
What Happened: Following his 2016 election win, Trump called for efforts to strengthen U.S. nuclear energy. During his first term, his administration advanced several nuclear microreactor projects, according to the Department of Energy.
However, he may have flip-flopped on the issue. In an interview with podcaster Joe Rogan ahead of the Nov. 5 election, Trump seemingly highlighted the dangers of pushing nuclear energy, according to the Huffington Post.
"They get too big and too complex and too expensive," Trump said. "There's a little danger to nuclear—you know, we had some really bad nuclear."
He then named several nuclear projects that have stalled in recent years.
Robert F. Kennedy Jr., an ally of Trump and a possible Trump appointee, has an anti-nuclear track record, according to Utility Dive.
See Also: Expert Finds Trump’s Tax Proposal Drains Money From 95% Of Households And Funnels It To The Top 5%
Why it Matters: A future widespread adoption of nuclear energy necessitates significant investments in data centers. In turn, data centers require substantially higher amounts of electricity.
Artificial intelligence is projected to use between 8% and 25% of all U.S. electricity by 2030.
Facts show that President Joe Biden‘s administration produced more oil than Trump’s previous administration. He also prioritized nuclear as a clean energy source. The one-term president positioned it as a bridge energy source that provides reliable, carbon-free electricity.
The Market Reacts: Regardless of whether he centers nuclear energy as a key part of his domestic agenda, Trump’s support of deregulation would likely serve as a tailwind.
Shares of Vistra Corp have traded up over 13% since Trump’s election win. Constellation Energy Corp has fared worse, trading down nearly 3%.
Small reactor companies have seen even more pronounced gains. Shares of Nuscale Power Corp are up over 20%. Meanwhile, Nano Nuclear Energy Inc has shot up over 26%.
The Trump-Nuclear trade has seemingly died down on Monday and Tuesday.
Also Read:
- Trump’s Treasury Pick Frontrunner Scott Bessent Could Shift Wall Street, Crypto
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Risk Warnings and Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
Copyright © 2024 FastBull Ltd
728 RM B 7/F GEE LOK IND BLDG NO 34 HUNG TO RD KWUN TONG KLN HONG KONG
Risk Disclosure
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and 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 decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.