Very probable. I hope this is a bottom signalling for other market participants as well for china tech.

How much is alibaba stake worth in sensetime now with its recent ipo ?

Seemed like everyone is discounting their sensetime holdings.

9+ percent

what the latest broker to trade HKEX? Still IBKR ?
Tiger, Moo got any good advantage ?

hopeless HK stocks... crappy investment!

https://finance.mingpao.com/fin/instantf/20...%8d%81%e5%a4%a7

You lost a lot on Baba/Tencent?

Wow....crazy bull day in HK!

https://www.cnbc.com/2022/01/17/china-cuts-...april-2020.html

China loosening monetary policy..US going to tighten.

China equities time to shine in the year of the Tiger?

Last buy batch into hk tech before chinese new year.

Here to a roaring tiger year.

Anyone know how to open a Hong Kong bank account or a stock brokerage account with a Hong Kong bank?

For HK bank account, you need to be a HK resident to open it (work here or study here).

Same for HK brokerage account with HK bank. You are better off with non-bank brokers and even them mainly cater to day traders and charge very high fees for HK markets.

There is Moomoo (Futu HK) which is popular here however, but you can access it via Futu SG.

Only a few days green, now this week, my China exposure is red again.

Isn't a brokerage account with HK bank more secure? Is there a HK based IBKR account?

Hmm maybe you are new to IBKR. There is only one IBKR, you can open different account types like individual account, join account etc. The account is based in one location depending on where you open it. If you open it originally in Malaysia, then it's based in the US. If you transfer in from TradeStation Global, then it's based in the UK.

In any case, if you have an individual account with IBKR, you can buy securities from all over the world. So you can buy HK shares/bonds/ETFs etc. from your Malaysia IBKR account. You don't need to open "HK" IBKR account. You can't do that since you are not based in HK anyway, no HK address, no HK bank account, no stay permit/visa etc. (I presume you are not in HK.)

As for your first question. whether a broker is safe depends on a lot of factors. The execution of the broker, the profitability of the broker (margins), balance sheet, cash flows, business model, regulations, market share etc. Banks can fail in crisis, let alone brokers.

If the broker is listed, have a look at the financial statements to have a sense of the broker's financial conditions before you decide to open an account. Look for past history of incidents/litigations if available (even IBKR is not spared from them). That way, you can tell if one broker is a "safer" choice than the others.

So, it does mean that attaching to one bank makes the brokerage account safer. More often than not, banks provide such service to complement their business "ecosystem" and make money within their ecosystem. So they have high charges for trading securities than stand-alone brokers like IBKR.

I see. So there is no way to reduce the political risk? There may be risk of using a US broker to hold HK share. Firstly, the delist of Chinese ADR. Secondly, they can outlaw the US broker from holding Chinese shares. Only a really independent local stock broker may be out of reach of the US sanctions. Just try to avoid being the cannon fodder in the fight between the 2 super powers.

IBKR US has a SiPC membership which guarantee up to USD500k asset protection but it is not clear if it only covers US assets since SiPC is an american organization. On the other hand, HK based stock broker has a clear protection of HKD500k asset should there be any failure on the stock broker.

I am no expert in political and legislative stuff. If you need a Chinese-based broker, I don't think there is any option for you since you are not a HK/Chinese resident. You will have to fork out more money to buy via local brokers and local banks then. Futu and Tiger are not for you, they are listed brokers in the US itself. If you are HNWI, then private banks will sort things out for you.

500k USD includes all US listed shares whether they are of Chinese origin or not. https://www.sipc.org/for-investors/what-sipc-protects

You can still strike a balance by buying Chinese/HK equities via local brokers and invest in the rest of the world via IBKR/Futu/Tiger/Saxo/POEMS/FSM etc. if you like.

But political-wise, I don't think the decoupling will happen to that extent. At most, the delisted shares will be relisted elsewhere or privatized. You will still get your money back provided no corporate frauds like Luckin's Coffee case occur.

https://www.sinchew.com.my/20220129/%e4%bc%...8f%af%e8%a7%82/

There might be "positive surprise" in the liaising efforts between the China and the US on regulatory oversight issues for Chinese companies listed in New York, according to sources.

Could expect good news in June or earlier.

This post has been edited by TOS: Feb 1 2022, 12:42 PM

I am hopeful after CNY thats the turning point for most china big tech.

You know the chinese culture of home cleaning before inviting guest, well hopefully that is what the chinese government had in mind in regards to their capital markets.

Hopefully something like the 2016-2017 bull repeats itself.