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Long term investment setup? ETF/Bonds advice needed

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  1. #31

    Join Date
    Oct 2018
    Posts
    170

    You are probably right that it doesn't make sense. To transfer stocks out, Saxo charges "a HKD500 fee per security, and 1,600 max". Saxo charges USD 9 to buy US-traded securities, and Euro 12 for EU-traded securities

    If you consider that Julius Baer (which I would use for safekeeping the stocks) charges 0.35% to buy US traded securities, and 0.4% for all other countries, you would need to buy like ... a lot to make it worth it buying from Saxo (Julius Baer also charges a 0.1% yearly fee for safekeeping the stocks).


  2. #32

    Join Date
    May 2009
    Posts
    679
    Quote Originally Posted by jrkob
    Are you asking for "securities" in general ? I've held bonds with HSBC HK that were not listed on any exchange. No problemo.
    (I doubt this will be the same with stocks... but... not tried here)
    Yeah I was more referring to stocks. As my guess was that they asked the question in relation to buying ETFs on the LSE and than transfer to a local bank here. And I doubt they would accept those but would be good to know for sure.

  3. #33

    Join Date
    Feb 2015
    Location
    Hong-Kong
    Posts
    6,042
    Quote Originally Posted by Sith
    Yeah I was more referring to stocks. As my guess was that they asked the question in relation to buying ETFs on the LSE and than transfer to a local bank here. And I doubt they would accept those but would be good to know for sure.
    I believe what was discussed here a few weeks ago is that HSBC HK can accept at least "some" LSE-listed stocks.
    I am lazy to go dig the thread...

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