Hi bros & sis,

which platform is the best to trade hk stocks ya from malaysia right now?

Thx...

I use FSM SG

just notice.. Agricultural Bank of China Limited (1288.HK)

at today price 3.17.. if same div its 5% wor...

what u think? with slowing China.. will bank business be badly affected?

This post has been edited by elea88: Nov 14 2019, 02:39 PM

I think there will be a 10% WHT and the divvy will be paid out once a year,... Not so attractive, sis,... Having said this, I noticed many of the HK REITs pays out twice a year only. This frequency is not that attractive compared to SG REITs which pay out 4 times a year.

Added,.. furthermore there are the following issues :-
1) there is exchange risk, especially when you are investing through FSM SG. FSM SG will always pay out the dividend in HKD. If we wish to, we can exchange this HKD into the SGD using their platform, but when I last checked, the rate is not attractive.
2) if we need to TT out our dpu in HKD to wherever we wish to, the charges are expensive.

All of the above will finally eat-in into the dpu received and then to the yield, making the yield unattractive again,....

This post has been edited by Hansel: Nov 14 2019, 02:45 PM

eh, 10% WHT for HKSE? I had always thought HK was tax-free.

What SG REITs are you holding?

buy using Interactive Broker...

so, collect HKD park in HKD wallet..
hmm the 10% why i never thought of that...?

For the Chinese listed stocks.. like China Mobile, ICBC etc. Not for HK stocks like HSBC, AIA..

Thanks Krv23490, btw is this the cheapest platform to trade in HKEX currently?

are you guys planning to buy BABA next week?

but I think Warren Buffett advised against buying at IPO.

I only buy ICBC. I stay away from the rest.

10% only for China listed stock in HK Those hoping banks.

Yes.
Is like Google.

I'm waiting for EWH (iShares MSCI Hong Kong Index Fund) to come back down a little more.
Despite all the disturbance in Hong Kong and slips into technical recession last quarter, the index still quite resilient.

IB since brokerage low.. i intend go for 1000 each of the 4 banks.. dunno logic or not.
collect slowly.

BTW our packaging came down a lot...

last time with STD CHART.. hv to buy lots coz want save on the brokerage.

Yes, you are right he said that, but this is different as Alibaba has been listed in US and has historical performance data and 'reputation'.

Most IPOs dont have performance history and you need to wait and see how it perform post listing.

does anyone know if IBKR can receive HKD via InstaRem?

and BABA is definitely in HKD? It will not be in USD right?

edit:

https://www.cnbc.com/2019/11/15/alibaba-pri...ng-listing.html

Retail shares will be priced at no more than 188 Hong Kong dollars (about $24.01).

This post has been edited by moosset: Nov 15 2019, 03:38 PM

If you are using pure IB, make sure to pick tiered pricing. It will bring down your cost further.Pick the best bank. Max buy 2.

What packaging?

Greatview Aseptic Packaging Company Limited

Yes, to apply for the coming Baba IPO, you must use ONLY HKD !

Guys and Sis,... have you guys thought abt this ? If, let's say, you are not successful in your application, your funds will be stuck in the HKD which keeps weakening. Isn't this an issue ?

Sis,.. how much is the IBKR brokerage ? How abt charges from the HK side ?

hkd is peg to usd right? Hmm...

I use tradestation global and only got charged HKD20/transaction. Don't really bother about how much HK govt charge.

Not sure how much if using our IB.