@freeier - UK and HK have exemptions on stamp duties + Irish domiciled have a reduced WHT on US stocks?
Unfortunately UK listings are not easily accessible to people who use their retail banks in HK.
@freeier - UK and HK have exemptions on stamp duties + Irish domiciled have a reduced WHT on US stocks?
Unfortunately UK listings are not easily accessible to people who use their retail banks in HK.
Brokerage account at your bank. If you have a HSBC Advance type account, should be easy to setup.
Having said that, highly highly highly recommend you read through some of the threads that pin has started in the last 6 months, which have a lot of discussion about ETFs / Liquidity in HK listed ETFs etc.
Yes, you can buy US listed shares (and ETFs) through most local banks. HSBC is the cheapest from what I gather.
The US account takes a bit of paper work to setup at HSBC (2-3 forms, including US Inland revenue and some other forms for access to stock quotes etc / multiple signatures) - in my case, my (> 25 year old account) was rejected because signatures did not match... despite us having gone to the bank, signed and had our identities verified by the bank officer.
It seems that TDAmeritrade, a large US discount brokerage has opened up recently. Just USD7 to trade
https://www.tdameritrade.com.hk
Well, I'll definitely check them out. Just from the logo looks to be related to TDBank which I happened to know back from the US...
They do seem to have a license from SFC:
http://www.sfc.hk/publicregWeb/corp/BJO462/details
Last edited by orel100x; 11-02-2018 at 11:56 AM.