What's the best way to trade in Chinese shares?
I realise many are listed in the US so guess any international platform will do, but then you are also adding in US currency exchange risk?
How can I trade direct on the Chinese exchanges? Is it possible in Australia?
What's the best/cheapest platform for US/international?
The sheer potential growth perhaps.
The SSE is the 4th biggest in the world with the 🇨🇳 stock market the 2nd biggest in the world. There would be plenty of penny stocks to choose from.
Growth potential, diversification and control (choosing individual stocks rather than a basket as eg managed fund)
Have you considered your tax obligations in each country? Makes it tedious for the paperwork, especially trading. How would there be a currency risk without an arbitrage opportunity?
Is the liquidity on the US depositary receipts adequate for trading? If the ADRs aren't very liquid there can be a substantial spread.
I assume tax would be similar as if investing in the US? Accountant can work that out.
You need a US dollar account linked to your trading account. Funds in there vulnerable to Aud/us fluctuations. You have to convert to USD to buy something that is ultimately priced in another currency. Is it possible to just go direct?
ADR liquidity. Thanks. I need to do lots more research.
Excellent. Thanks. Subscribed.
Looks like its managed fund, ETF, or individual shares on NYSE.
You could just short ASX Stocks that China doesn't like.
If you are looking for exposure to the Chinese market rather than choosing specific shares, there are a number of Aussie managed funds that do this.
This would be the easiest thing to do. Doesnt allow individual stick picks though.
US markets have all the 'easy money' tho
Why?…