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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: allen menglin chen who wrote (1212)	1/26/1998 10:29:00 PM
From: ----------	Respond to of 2951

allen: As far as I know any U.S. firm can purchase HK stocks. (If you are in Canada, you can deal direct through HSBC discount trading, or others.) I do not have an account in HK. I deal with a a U.S. discount firm. It does not matter which one. As I understand it, (and I only know what little I have read & been told), the vast majority of HK trades end up being routed through one of 3 U.S. firms, regardless of where your trade originates. I have heard rumors of other ways to trade, but I am not a trader. I buy & hold. I wish I could be of more help, but I have never had any problems buying or selling foreign securities that have made me want to look for alternatives. Doug