Please be aware that Edelweiss and Axis funds have about 30% exposure to Taiwan. If you want pure China exposure it will have to be through the Hangseng ETF or MAHKTECH. Another option is buying China ETFs listed in US if you have signed up for Global Investing however TCS will come into play.
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Adding to it, I found investing in the ETFs listed in the US market to be better in terms of more choices (Large CAP ETF, CSI 300 ETF , Small cap ETFs, Tech focused ETF etc). Also 5% TCS is applicable only on remittances above 7 Lakh in a financial year.
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can you re-share the post? its not accessible (says its a draft)
Speaking of China, it starts look less and less investible as time goes by. Recent stimulus led mega rally was a great chance to exit.
China is badly hit, look at its 10 year bond yields, nowhere in the world you see yields plummeting like this. The world is fighting inflation while China is batting deflation. Even Japanese yields are starting to rise.
After the Japanese stock market bubble burst in the 90s Japan fell into a deflationary spiral and their bond yields plummeted in a similar manner.
Chinese consumers are having a balance sheet recession since most own leveraged property or stock that is now down ~40% so nobody wants to spend any money, leading to excessive saving and buying bonds. Their Central Bank is also buying Government Bonds to suppress yields to demotivate people from buying bonds and spend the money in the economy.
What do you folks think, how long do you will it take for the Dragon to come out of this slump? It took Japan several decades.
Disc: Have a 15% exposure to China via MF.
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Is there a way to do Singapore ? STI has been range bound for 15 yrs now.
Any names to study ?
Are there any mutual funds for china, korea, asia, etc still accepting investment ?
A good perspective on Global Markets, China’s Economic strategies, and EV/Industry evolution so far and going forward.
