SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : HONG KONG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mr_blonde who wrote (2870)2/18/2000 11:36:00 AM
From: Richard Tsang  Read Replies (1) of 2951
 
The HK$ is basically pegged to the US$, @ about HK$7.73/1 US$. The exchange rate risk is very much minimized by this pegging. Lots of foreign money are already in the Hong Kong market. Money can still go in and out of Hong Kong without restriction, that also make the market there more volatile. Investing in a fund that specialize in Hongkong/China stocks will be a safer alternative to investing directly in the stocks there. Take a look at these funds that has exposure to China and Hongkong: GCH, TCH, JFC and CHN. They are closed end funds and are listed on the NYSE.

Another way to buy Hongkong market is the EWH, which mirrors the Hang Seng blue chip index.

Rich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext