Friday 20 March 2020

How can I best invest in Hong Kong, which are the best stocks to invest in, how soon can I double my portfolio

Carli Watterson: I used to be in Beijing, Shanghai and plenty of different towns in China in May. It is sooooo spectacular! I might watch out because the housing situation within the USA is contaminating different international locations because of sub top securitization owned by way of different international locations. To the level Hong Kong is uncovered I might no longer wish to shop for after which have the valuation move down. Do your homework. Best needs.

Abby Herwood: Best way to invest depends on your risk tolerance... if you're talking about doubling your money, I'm assuming risk tolerance is reasonably high...a good way, although high risk, is through a China fund. check with your IFA or bank, but most "China" funds invest mainly in Hong Kong stocks which have significant business in China or are Chinese firms listed in Hong Kong (known as H-shares). So you get the safety and relative better pricing of HK stocks but with China upside. And of course the fun! d manager's stock picking expertise. Min investments start around USD5000 for most of these funds, and with some bartering you can get the initial fee down to 2%. Or buy online (eg Fidelity, Prudential, JF) to cut out the middleman and probably save even more.Given market volatility, these should be considered longish term investments (2-3 yrs).If you're buying individual stocks (very high risk) get some good sector and company research. Do your homework! You can search on finet.hk for certain PE and dividend bands you're comfortable with and go from there.A lower risk option than stocks might be an ETF or Hang Seng index tracker, bought on the HK exchange like a regular stock. This would also work out cheaper than a China fund, but with less upside potential.Doubling.... Average China fund more than doubled since Jan this year.. will it continue?? that's your call. Do your homework!!Lower risk options would be HK bonds, although you are going to take a LONG time to double! your money (like a decade)....Show more

No comments:

Post a Comment