What is the best way to buy Hong Kong stock eg Fu Shou Yuan International Group Ltd?
What's the process that I need to go through, and is there a preferred method to invest in it?
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AMDtrade or IB are one of the better option. While CMC markets is an option, The downside to CMC though is its limited HK stock range which means you may not be able to buy the obscure HK stocks that catches your eyes.
I will advise against using custodian account in our local brokerages because they have high charges and monthly maintenance fees
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Interactive brokers for me :) Cheapest Comms in town.
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Elijah Lee
08 Dec 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hi,
You'll need to open a trading account with a broker that has access to HK market.
After that, search for the ticker "1448.HK" to buy it.
Since the stock is the same no matter where you buy it, then we'd need to know what you mean by 'best' way to buy?
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I think i get what you mean. The best brokerage i feel is still interactive broker. With one platfro...
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I use Interactive Brokers.... That is the best one so far from all the ones I have used, with lowest comms and real time exchange rate.