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> Americans can’t invest directly in Chinese companies This is not true. You can trade onshore Mainland China stocks through the Hongkong Stock Exchange. The
by throwaway2037 2y ago
> Americans can’t invest directly in Chinese companies
This is not true. You can trade onshore Mainland China stocks through the Hongkong Stock Exchange. There is a special programmed called "Northbound" and "Southbound" in the broker-dealer industry. (This also allows investors from Mainland China to trades Hongkong stocks.) Any big brokerage should offer access to the Hongkong Stock Exchange. There is even a weird special currency called "CNH" that is the Chinese RMB that is allowed to settled in Hongkong, so you don't need a brokerage account in Mainland China to trade.
Read more here: https://www.hkex.com.hk/Mutual-Market/Connect-Hub/Stock-Connect?sc_lang=en https://www.hkex.com.hk/Mutual-Market/Connect-Hub/Stock-Conn...
- supernetworks_ 2y agoThat’s a good clarification as not all companies are tech related and there are companies eligible for trading. However northbound trading still follows all applicable laws and there’s no access to direct ownership in some amazing companies
- throwaway2037 2y ago> there’s no access to direct ownership in some amazing companies Can you provide some examples?