Long Term Investment in Foreign Stocks

[funman168]

Thanks tiggerbee.

I am thinking of accumulating abt $200-300k worth of HK stk.
Any recommendation for broker? Safety is one of the key factor I will consider

Almost all the brokers allow you to trade HK stocks. You should go for those brokers with significant operation scale in HK, eg. DBS, Kim Eng, Phillip, CIMB, etc. Their in-house analysts are covering numerous HK listed stocks.

I myself is using Phillip HK as I trade quite a fair bit of HK stocks. But the only draw back is that funds transfer is more troublesome. Otherwise, you can go for any local brokers to trade HK stocks but at a higher commission rate. It doesn't matter if you are doing long term investing. Some brokers will waive your custodian fee, depending on your relationship with your remisier. Typically, Phillip will waive off the custodian fee if you execute like 3 trades a month.