I have been looking at investing in dividend stocks listed in HKSE as a form of increasing my geographical diversification. As US corporate bond price hit a record high and SGX REITs run up in the last one month, I started to spend more time researching HKSE dividend counters for alternative passive income. HKSE market capitalization greatly exceeds that of SG due to many China H shares listing and this increases my pool of opportunities to buy undervalued stocks. Currently, China economy is the least impacted by covid due to good control measurement by its government. Its domestic economy should be large enough to help Chinese companies to cushion the blow of this global pandemic.
Since US govt started to blacklist China companies and delist China ADR stocks on NYSE, many Chinese stocks with parallel listing on HKSE have plunged significantly. I took this opportunity to build my HKSE