Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [china]

This country tag is to be used for any question that is specific to or only relevant within China.

54 questions
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Why companies appear in several stock exchanges?

Let's say I want to buy stocks of Sinopec which is a Chinese company. I would expect to buy it from HKS and in local currency. With the Degiro broker which is Dutch, I see "Sinopec Shangai Petrochem-H in the search in HKS but I cannot buy it; there…
The Strong Programmer
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Opening a bank account in China

I'm trying to open a account with any of the major banks in China, but I live in the US. Is this possible and how would I go about doing this? I would also like to be able to transfer money between my accounts in the US and the account in China.…
user11895
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What are the opportunities/implications of having a designated clearing bank in my home country?

NOTE: I don't come from a finance background i.e. I'm an idiot in this topic. Recently China announced that the Bank of China and ICBC will become designated RMB "clearing banks" in my home country, Singapore. Based on responses from the ground, it…
Jake
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I believe someone I dated in person tried to scam me

I think a man I was dating in real life tried to scam me - does this sound like a conman? I met this man 2.5 months ago on the league (dating app). He said he had a high profile career in asset management, and while I was able to see a tiny bit of a…
MaybeScammed
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4
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2 answers

Sources of international wire charges?

A person in China wire transferred X US Dollars (after fees & charges of the sending bank) to my Capital One 360 checking account in the US, and the amount I received was X-15 USD. When I contact Capital One customer service they insist that there…
sl1129
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Why does L & L Energy continue to trade OTC even though it's been defunct for years and its former CEO is in jail?

L & L Energy (LLEN) continues to trade OTC even though the company closed. The former CEO, Dickson Lee, is in jail for securities fraud. Why does LLEN linger on OTC year after year? Can stock come back to life?
tcm
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What are the laws involved with residency requirements when it comes to purchasing real estate in Shanghai?

Please quote some examples from the laws imposed by the Chinese government, whether it's in English or Chinese (assuming there are a fair number of chinese readers here). Thanks in advance!
stanigator
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How/where can a U.S. resident buy recently issued Chinese 3-month Treasury bills?

According to Reuters: China has rolled out a flurry of reforms recently to liberalize its markets and also help the yuan meet the IMF's checklist, including scrapping a ceiling on deposit rates, issuing three-month Treasury bills weekly and…
user541852587
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4
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Transfer money from China to India

I came to China on 09th September, 2015. My work permit is valid upto 15th September, 2016. I get my salary after tax-deduction as per taxation in China. My question is how can I send money to my account in India without paying double taxation. I…
Mithun
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4
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2 answers

Price difference between shares in Hong Kong and Shanghai

I am interested in investing in the Industrial and Commercial Bank of China (ICBC), which is listed both on the Shanghai and Hong Kong stock markets. Since I only can trade in the Hong Kong stock market, I would like to know why there is a big…
Cheok Yan Cheng
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I don't live in America. How can I buy IPO stock of newly listed companies in the United States?

I'm Chinese, and I only know Firstrade, Scottrade and SogoTrade provide trading services in the Asia-Pacific region. However, they don't offer a way to buy IPO stock. Is there any way for me to buy IPO stock? In other words, I'm looking for a broker…
Mithril
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What will happen if Chinese companies stock get delisted in the US?

Recently there was news about how US government might delist Chinese companies. I was wondering since this is not like delist by going private, nor by government involvement (nationalizing). What would happen to your shares if the company actually…
logger
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Do any banks in China offer Visa/Mastercard cards which are not credit cards?

I want to have a Chinese bank account and a card that I can use for online shopping (both on Chinese sites and abroad) and I can also use outside China for ATM withdrawal and POS shopping. Most Chinese banks seem to offer either UnionPay cards or…
ibz
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What is the interest rate for Chinese yuan at the moment?

I can't seem to find any info about it on the net.
Joe.E
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Bank refuses to allow withdrawal due to ID/citizenship issues

My sister has a bank account--and a passbook as proof of that bank account, in China. She opened that bank account as a Chinese citizen with a Chinese ID, and it currently has approximately $35, 000 in it. She became a Canadian citizen, and her…
user2213307
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