Investing in HK utility stocks? Anyone

[periphery831]

When asking expats, usually people invest in the sp500. When asking locals, they invest in HK utilities like gas. Apparently the dividends are good.

Anyone else invest in HK stocks?

[HK_Katherine]

Yep. I hold CLP (and I think the other one, not sure if I sold out yet)

[Kowloon72]

I think almost everyone who posts in this sub-forum will have some exposure to HK stocks, yeah. I own Baba, Tencent, Xiaomi and Link. Sold the tracker on Monday and shifted it into some of the above (lovely timing so far, blind luck).

Would be curious to read of an investment case for buying utilities over 'tech' (in its many guises) these days. No dividend would offset what's happened to Power Assets share price in the past 5 years or so.

[Kowloon72]

Original Post Deleted

"Hipster" tech stocks? Lost me there I'm afraid. Do hipsters invest in certain stocks?

Of course, the price of any asset can go down, as well as up.

[Kowloon72]

Original Post Deleted

What's your tip for the future then?

[GentleGeorge]

Except orange is a telecoms-utility style stock while apple is a tech darling

[traineeinvestor]

Do hipsters invest in certain stocks?

https://www.investopedia.com/investi...ijuana-stocks/

[shri]

https://www.investopedia.com/investi...ijuana-stocks/

Traditionalists invest in MJ REITs

Much like the discussion in Singapore REITs, my stance on utilities is the same... Small portion of your portfolio for income is ok. Utiltities at the end of the day are products of financial engineering and either through licensing or percentage of markets share have monopolistic characteristics.

They provide regular income in most normal situations... Don't expect any innovation or growth from a company that supplies you gas, water and electricity.

[traineeinvestor]

Traditionalists invest in MJ REITs

Getting even further off topic, one of my favourite headlines: https://www.latimes.com/local/lanow/...919-story.html

[traineeinvestor]

Traditionalists invest in MJ REITs

Much like the discussion in Singapore REITs, my stance on utilities is the same... Small portion of your portfolio for income is ok. Utiltities at the end of the day are products of financial engineering and either through licensing or percentage of markets share have monopolistic characteristics.

They provide regular income in most normal situations... Don't expect any innovation or growth from a company that supplies you gas, water and electricity.

On a more serious note, utilities tend to provide stable incomes which tend to grow slowly over time (often due to demographic factors). Because of the huge amounts of capital required, they also tend to be highly defensive businesses. With the rise of renewables and technological changes, at least some utilities are facing disruptions to their traditional market dominance.