Personal Finance
Investing in Hong Kong-Listed Stocks: Which Broker Is the Cheapest?
By Seedly  •  December 2, 2020
The Hong Kong stock market is home to famous China-based tech firms such as JD.com, Tencent, and Xiaomi. And with the trade tensions between China and the US still simmering, we could see more growth companies like Pinduoduo, Baidu, and iQIYI having a secondary listing in Hong Kong in the future… following the footsteps of JD.com, Alibaba and NetEase. Reuters has reported that the US House of Representatives is expected to pass legislation this week that could block Chinese firms from the US stock market. If the Holding Foreign Companies Accountable Act (HFCAA) becomes law ultimately, we could see a migration of Chinese companies that do not comply with the US government’s stringent requirements from the US stock market to the Hong Kong stock exchange… providing opportunities for Singapore investors to invest in Chinese companies closer to home. But whatever the outcome is, it would be good to learn about...
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance