What to look out for when investing in HK-listed coys?

[soros]

Stock No. 00405HK is due to have a Board Meeting on 10Mar (coming next thursday) to approve the yearend final results and payment of final dividend. So I have been buying before the results are announced and hoping for an increase in dividend payment.

[soros]

It seems the year end results of No. 00405 was a little disappointing as declared final dividend was less than last year . Total dividend for the year came to $0.2446 compared to $0.2518 for last year. Also the damage from the tsunami along the coastal areas of Japan and explosion at the nuclear power station is creating worries. So my investment is now standing at a slight loss.

[pianist]

I have a friend who uses it. He thinks it's great. The brokerage fees are very low (the minimum charge for HK stocks is HK$18) and they track corporate actions like dividends, tender offers etc.

Thank you for your reply. This gives me confidence of trying out Interactive Brokers. If IB has a local office like E*Trade, it will boost confidence for Singaporeans who can at least go to a local office to settle disputes. Unfortunately, it doesn't. However, IB looks like a good choice right now.

what about the newly launched stanchart online trading account over IB?

[naro]

I have a friend who uses it. He thinks it's great. The brokerage fees are very low (the minimum charge for HK stocks is HK$18) and they track corporate actions like dividends, tender offers etc.

Thank you for your reply. This gives me confidence of trying out Interactive Brokers. If IB has a local office like E*Trade, it will boost confidence for Singaporeans who can at least go to a local office to settle disputes. Unfortunately, it doesn't. However, IB looks like a good choice right now.

what about the newly launched stanchart online trading account over IB?

i'm interested to know too.

have some HKD to manage. any pointers from the gurus here?

[soros]

Has anyone tried to open an account with Philips in Singapore and use it to trade Hong Kong shares ?

http://www.poems.com.sg

[opmi]

Has anyone tried to open an account with Philips in Singapore and use it to trade Hong Kong shares ?

http://www.poems.com.sg

no. nothing special about trading HK shares with SG brokers..

[specuvestor]

This drama plays itself again and again in different countries at different times but nobody seems to gets sick of it and fresh meat gets sucked in time and again. How can the market be perfect or rational?

(Bloomberg) --
The world’s best-performing new listing this year is a Hong Kong civil-engineering stock soaring for reasons that appear unrelated to its business.

Luen Wong Group Holdings Ltd. jumped 1,438 percent on the first trading day after its April initial public offering and is now 6,715 percent above its offer price. The company, which reported sales of $41 million last year and profit of $1.1 million from projects like laying roads and digging sewers, is today worth $2.9 billion.

The run-up highlights quirks in Hong Kong’s stock market, where wild swings are a regular occurrence, many firms have a tiny portion of their shares available to trade and there’s a healthy sideline in mainland Chinese firms buying companies to engineer reverse takeovers. Luen Wong’s world-beating showing has been ascribed to a combination of all three and has left analysts urging caution.

“My advice for small retail investors is to stay away,” said Francis Lun, chief executive officer of local brokerage Geo Securities Ltd.

Luen Wong closed down 3.6 percent on Wednesday. The stock’s performance since its debut is a story that Hong Kong has seen fairly often in recent years. A study by the Securities and Futures Commission found that between 2013 and 2015, 56 companies saw their market value jump more than 1,000 percent in a six-month period, even though 39 of them were losing money.

--snip--

[fundamentalman]

Has anyone tried to open an account with Philips in Singapore and use it to trade Hong Kong shares ?

http://www.poems.com.sg

I trade HK stocks with POEMS 2.0. You can even buy big-cap A-shares with POEMS 2.0 nowadays.

The user interface is OK, quite user-friendly and the platfrom, from my own experience of using it in the past few years, quite reliable. 

But, apart from the fact that they offer access to many overseas exchanges (you can trade A-shares, and even buy big/mid cap Indonesian shares with POEMS 2.0 nowadays), nothing special in POEMS compared to other brokers like DBSVickers.

[fundamentalman]

I use a HK HSBC account for the HK Market although I have not been doing enough research until now, so I had just stuck to a few shares such as MTR, HKEX, HSBC.  However this has not yielded good results so I am starting to take a true Value approach or I will exit the HK market to focus on my ASX listed stocks.

you can start reading research on websites like
www.uobkayhian.com.hk (free, so far)
www.finet.hk (free, so far)
www.dbsvonline.com (if you have dbs accounts)
www.poems.com.sg (if you have poems account)
Newspaper websites like www.scmp.com and www.thestandard.com.hk also offer good news on hk stocks from time to time. 

I personally prefer DBSVickers and UOBKH, as their researches are very detailed.

for MTR, their property asset is too highly valued by the market (if you compare with other property stocks or conglomerates like Huixian REIT, wheelock, kerry properties, hanglung, new world development; which all trade at big discounts to nta), and pe is too high too.
HKEX has got high PE
HSBC got low PBV, but unfortunately, its ROE is low

my 2 c

[Jacmar]

I use a HK HSBC account for the HK Market although I have not been doing enough research until now, so I had just stuck to a few shares such as MTR, HKEX, HSBC.  However this has not yielded good results so I am starting to take a true Value approach or I will exit the HK market to focus on my ASX listed stocks.

you can start reading research on websites like
www.uobkayhian.com.hk (free, so far)
www.finet.hk (free, so far)
www.dbsvonline.com (if you have dbs accounts)
www.poems.com.sg (if you have poems account)
Newspaper websites like www.scmp.com and www.thestandard.com.hk also offer good news on hk stocks from time to time. 

I personally prefer DBSVickers and UOBKH, as their researches are very detailed.

for MTR, their property asset is too highly valued by the market (if you compare with other property stocks or conglomerates like Huixian REIT, wheelock, kerry properties, hanglung, new world development; which all trade at big discounts to nta), and pe is too high too.
HKEX has got high PE
HSBC got low PBV, but unfortunately, its ROE is low

my 2 c

 I use both DBSVickers and UOBKH. Both research materials are shitty as far I am concerned and I don't really rely on their research. The best is from CIMB in fact. More ground work info and not desk top publishing. You will need CIMB account or know someone who has and feed you their report. I don't have a CIMB account and rely on the later. Other than that it is pure hard digging by whatever means. Don't exit the HK mkt. I find that HK is much more dynamic and lucrative if you do your homework.