All the Chinese ADR are incorporated in these islands. Lukin Coffee is also incorporated in Cayman.

Im sure HKEX, if not SSE. No point in LSE with the UK special relationship with the US. For Baba ADR, no problem as the ADR are ready exchangable to the HK listed shares. Expect the others like Bidu, JD.Com to apy for listing in Hk as well soon.

I keep USD cash deposit. Btw today n tomorrow I will lighten my Equity exposure, in general.. I want a peaceful CMCO Hari Raya next week.

https://www.reuters.com/article/us-baidu-de...s-idUSKBN22X1HA

Bidu is considering delisting from Nasdaq and listing in HK.

Can buy HSI now or is it too early?

edit: should really have kept more USD. Everytime there's uncertainty, USD goes up against almost all major currencies. I want to buy HK shares also, MYR is so weak.

This post has been edited by moosset: May 22 2020, 10:56 AM

Sorry bro,... what I meant by 'China-based' in the earlier posting was : companies that had its beginning from China.

A company can be registered anywhere, domiciled anywhere with with the proper documentation and listed in any stock exchanges that it can meet the conditions and qualifictaions imposed against it by.

Hong Kong leads Asian shares lower as Beijing readies new security law


https://www.reuters.com/article/us-global-m...usiness+News%29

With China hardening its grip onto HK, expect more volatities ahead besides the renewed US-China trade spat...

Firstly,, as u know, I don't like HSI the index. There are other superior indices out there and now is a time to be selective. For eg today is the start of the CCP party conference and they might announce a big stimulus. If I want to take advantage of that, I will probably get 2822 or 2823 instead of HSI.

However I have been taking money off equities this week, instead of adding more. Take that for what it's worth.

As for USD, exposure, as an alternative, you can also buy a USD money market ETF like 3096. Since u trade US, u can also buy ETF like UUP.

Link REIT... -9%

Link is usually quite stable .... can average down!!

I am afraid the return to normality might take far longer than expected. Bankers there already anticipate more exodus of talents and capital outflow (to be observed from HKMA data in the next few months).

H-shares should be safer than local HK-oriented counters in the long run, as evident from the degree of sell-down today between the two.

https://www.scmp.com/tech/policy/article/30...ampaign=3085362

China stimulus.. Still no sign of helicopter money for the rakyat..

That's right, bros,... two things that cought my eye,...

1) no helicopter money announced.

2) military spending has been reduced to 6%.

I was thinking both of the above would be increased this round.

Their military spending is not being reduced. It is just that the rate of growth of military spending is lower this year than last year. Total military spending will continue to increase.

https://www.globaltimes.cn/content/1189146.shtml

Okay,... I had a glimpse of the narrative,.. and saw the word 'lowered' and the 6%,.... could be the narrative thing here then,... the point is, with the escalating tensions now, the govt's natural reaction shld be to increase this spending. Otherwise, 'further bullyings will take place'.

It is hard to invest in the world today,....

so fear only lasts 1 day.........

day 2 = all green!!

IMO, the worst has yet to come for HKEX given that protestors have started to go out to protest again...

Previously Carrie Lam caused the unrest with extradition bill but this time it is China itself who proposed the security bill.

My own investment HKEX experience, with the protests previously, my investment in HK was very volatile and hardly black until Q1 this year when I exited for some profit.

what stocks are you holding in HKSE by the way?

None, I exited HK market completely for now.

Frankly, bro,... if we continue to have great hopes for HK, we shld be averaging down nowadays, right ?

Hansel, in the long run, yes I am still bullish about HK, or rather China to be more specific.

That said, I don't think it is a good idea to average down when it is difficult to read what's ahead.

An extradiction bill proposal has already caused so much economic turmoil in HK and now with the security bill proposal by China is going to be more than a slap on the wrist...

Even before the security bill was proposed, US has already threatening China on HK's special trade status with US with its new law to certify HK annually for autonomy. US It's anyone guess how US is going to decide if HK is 'sufficiently' autonomous from China's grip, taking hint from how US bans Huawei.

With combo of covid19 implications and renewed trade tensions, I would not be in a hurry to go in anytime soon unless there is huge opportunity from benefit/risk perspective, if any.