How to invest money in china or hongkong stock market?
what is the procedure? The stock broker in US can't do it right?
Answer:
You need a brokerage account with the investment bank handling the IPO. It is usually very difficult for individual investors to get in on IPO's like this, especially foreign ones, unless you are an established client of one of the IB's handling the IPO (ie, Morgan Stanley, UBS, Credit Suisse, JP Morgan, etc). Even then, they reserve hot IPO's like ICBC for only their most elite customers, those who trade MILLIONS every month. And of course big institutional investors, who regularly move billions around every month. It sucks, but thats the way it is.
There are a few ways that you can invest in the Asian Stock Market. You can get in touch with a broker, such as E-Trade.
TD Waterhouse, or Wachovia, and you can invest in the specific stocks that you desire. There are, of course, many brokers available, but I find Wachovia to be very good and efficient. Another idea would be for you to consider investing in an Asian Mutual Fund. If you check it out, it is very likely that the stocks that you wish to invest in are included, as well as the others. Should you go the mutual fund route, you may want to try AGF. Not only are they big, but they have good people to source out stocks as well. True you will have to pay a bit more than what you would normally pay, but at least they are good. You can possibly check out what kind of stocks that AGF invests in by getting onto the internet, and onto AGF's website,
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