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

Questions tagged [hong-kong]

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

44 questions
11
votes
7 answers

Can I prepay a Credit Card to make a Large Purchase greater than my credit limit?

I want to make a large purchase at a retail store to the sum of $10,000 but the credit limit on my card is set at $2000. If I send $10K to my credit card will the purchase be allowed to go through? Not sure if the credit limit is a hard limit or…
atp03
  • 211
  • 1
  • 2
  • 5
7
votes
1 answer

Can I still claim my Hong Kong-based MPF pension if I move elsewhere?

I am 60 year old and I will not be living in hong kong in the future, would I still be able to claim back my mpf?
Ron Ho
  • 71
  • 1
5
votes
1 answer

Any banks in Hong Kong offer credit cards to non-HK residents?

Any way to get a credit card in HK without holding a HK ID card? Are there any local regulations preventing banks from offering that, or do the banks simply not want to bother? I tried HSBC and was rejected for that reason.
ibz
  • 1,145
  • 1
  • 9
  • 13
5
votes
2 answers

Any problem if I continuously spend my credit card more than normal people?

I continuously use my credit card for my friends' expenses. Normally I could spend 20~30K USD each month to get more points/cash back. I don't have large credit limits so in most time I'll put cash into card first then spend money. I always fully…
Kay
  • 53
  • 2
5
votes
2 answers

Where can I find a good online fundamental data provider for Hong Kong stocks?

I am thinking of investing in the Hong Kong stock market. One problem I am facing is finding a good online fundamental data provider that provides a database of financial statements for Hong Kong stocks. It should provide the user with an interface…
curious
  • 2,185
  • 19
  • 32
4
votes
2 answers

Better to get loan from finance company or bank considering the drop of credit score?

I want to know if there's a difference between getting personal loan from a finance company or a bank, considering the drop of credit score/grade (assume all other aspects are exactly the same)? I've heard from someone that it's better to get loan…
Jeffrey Zhao
  • 225
  • 2
  • 6
4
votes
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
  • 1,091
  • 3
  • 13
  • 21
3
votes
2 answers

How can I protect myself from inflation with the HKD?

There is serious inflation here in Hong Kong. I suspect it is caused by QE1 and QE2. I didn't study Economics when I was in school, so I'm not sure I fully understand the situation. Hopefully someone will help me determine if I should exchange my…
lamwaiman1988
  • 549
  • 1
  • 4
  • 9
2
votes
2 answers

How much do Hong Kong banks charge to cash U.S. checks

Do they charge a %, or is it a flat fee?
marc van hoff
  • 21
  • 1
  • 2
2
votes
1 answer

Income tax treatment for salary earned in Hong Kong and India in single year

Can somebody help me in understanding tax treatment of my salary income if I earn in India as well as Hong Kong during a single year with duration of stay in India being more than 182 days?
Arun Singh
  • 21
  • 1
2
votes
2 answers

Hong Kong - What's the difference between Current Account and Savings Account here

I know there is already a question called “Savings” account vs. “current” account - what's the difference?" on the site but bear with me, I believe that doesn't answer my doubts. I know very well what the difference between a "checking account" and…
xji
  • 291
  • 2
  • 9
2
votes
0 answers

Can foreign investors buy small cap stocks listed in China?

Foreign investors can invest in Chinese large cap and mid cap stocks via the Shanghai - Hong Kong Stock Connect and the Shenzhen - Hong Kong Stock Connect. According to the Hong Kong Stock Exchange's Stock Connect FAQ: For the Shanghai Stock…
Flux
  • 17,301
  • 12
  • 74
  • 138
2
votes
1 answer

Currency exposure of China stock in HKD

Suppose that I am a SEK investor and own a stock of a Chinese company listed in HKD in Hong Kong. What is my actual currency exposure in this case? Is my exposure the same as if I would own this in CNY? Or does the currecy HKD make a difference?
Nora Nora
  • 33
  • 5
2
votes
0 answers

If I own an ADS in a company that is delisted, can I exchange my ADS with shares of the same company in their original market?

Assume that I own some NYSE:CHA (American depositary shares (ADSs) for China Telecom Corp. Ltd.), which is scheduled to be delisted from NYSE sometime between Jan. 7 and Jan. 11, 2021 (mirror). Can I exchange these ADS with shares of the same…
Franck Dernoncourt
  • 11,883
  • 13
  • 60
  • 147
2
votes
3 answers

HSBC Hong Kong's "Deposit Plus" Product: What is it, and what strategies to employ?

I recently opened an account with HSBC Hong Kong (I am a US citizen), and I'm exploring all of the options available to me at my new bank. One product that caught my eye is called Deposit Plus, which appears to be kind of like forex trading, but…
user4888
1
2 3