How do I begin investing in individual stocks and funds in Asia, specifically China?
This is to anyone with some Global investment knowledge. I am interested in diversifying in stocks in Aisa. I have been trading funds and stcks domestically for maybe 3 or 4 years so I have some knowledge but I want to also put some money in China to hedge some of my losses that I am taking domestically, plus, it will help my knowledge going forward as global markets heat up in other developing countries. 1) What exchange do you use to trade Chinese stocks? I see some listed in actual Chinese exchanges and others on US and HK exchanges. What are the advantages? 2) Do they offer an diverse funds or sector funds? Kind of like ETF’s or Spiders I suppose. 3) What sectors do you like in the region?
I have an online trading account that offers a few different global options so you can skip thed steps of initial account setup.
Thanks in advance!! Happy Trading!
There are over 100 Chinese stocks listed on NYSE, ASE, and NASDAQ to choose from.
Some are pretty volatile but can be extremely profitable (CHNR, JRJC), others are more established - like BIDU or CMED. They are moving up right now, so it’s a good time.
For mainland China stocks not listed in the US, try FXI.
A low cost international fund or a fund that invests in a specific country would be ideal. T. Rowe Price has a fund called New Asia, which invests in fast rising companies in that region. Mutual funds are much more efficient and less risky than individual stock. T. Rowe Price, Fidelity, and Vanguard are the way to go.
You have no idea what loosing money is like until you try the Asian stocks.