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I have recently looked into investing in Hong Kong stocks and try to set up a Hong Kong based brokerage account as it seems to be cheaper in the trade fees in the long run. Anyone has experience setting this up before using a Singapore bank account? At the moment, I am checking Chief Group but it mentions that a Hong Kong designated bank account is needed. Just wondering anyone had managed to open an account can share some insights here.
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Kelly Trinh
09 Nov 2019
Backoffice technical at financial services firm
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Just use something like Saxo / Interactive Brokers and trade HK Stocks offshore. It's easier than looking/finding an onshore provider that can take non-resident customers and going through all their compliance hoops.