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.
Finally exited (Half on Friday and half on Bloody Monday)…Thank you, Trump:(
Made around blended 60%, which was up 85% at one time due to high premium in the ETF. Facts have changed now, will enter again once the dust of trade war is settled and the new normal is in sight
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HSTECH, along with most Chinese indices, has broken a key resistance.
It is evident from Mr. Trump’s softened stance towards China that they cannot play hardball.
China is allowing rare earth exports to the US, and the US is softening its stance on GPU exports.
I don’t want to speculate, my Decision has been purely technical (charts).
MAHKTECH chart for reference.
DISC- Invested.
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NAV of MAHKTECH is just half of the price. Should be because lack of liquidity
Sorry, can you elaborate. New to ETF’s
As per website Yesterdays NAV was 20.37, looks like it is trading at 17.5% premium.
Add MAHKTECINAV to your watchlist. It shows 12.59. Is this not the NAV? There is a huge difference between website NAV and INAV. It would be great if someone could clarify!
China’s mainline indices, along with HSTECH & even the MAHKTECH, are at a key resistance.
The resistance is a confluence of Weekly/Monthly/3 Monthly.
If the price consolidates tightly, I plan to increase my allocation.
CSI300
HSTECH
MAHKTECH
Note- A novice here, would appreciate any comments.
DISC: Invested. A novice.
HSTECH consolidated within 7% range for past 3-4 weeks.
CSI 300 has broken out of sloping trendline.
MAHKTECH is exactly at the 1Week/3Month/1Month resistance.
Not sharing charts as not sure it is allowed. Looks like an interesting next week.
Disc- Invested
Why nobody trusts China:
Controversial episode of Alibaba, Alipay and Yahoo.
Background:
Alibaba Group was founded by Jack Ma in 1999.
Yahoo! invested $1 billion in 2005 for a 40% stake in Alibaba, becoming its largest outside shareholder.
One of Alibaba’s crown jewels was Alipay, its fast-growing online payment entity.
The Alipay Spin-off Controversy (2010–2011):
Around 2010, Alibaba transferred ownership of Alipay out of Alibaba Group into a new entity controlled by Jack Ma personally. The reason given was Chinese regulatory requirements - companies offering online payment services be domestically owned.
Yahoo only learned about it later, from disclosures—not from Alibaba directly and received no compensation.
Resolution:
In July 2011, they reached a settlement like
Alipay would remain under Jack Ma’s control.
If Alipay went public or was sold, Alibaba would receive between $2 billion and $6 billion (depending on valuation).
Just like the story, hence sharing.
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is there a way for me to invest in blackrock bgf world gold fund (mining companies) from India, or any other option to invest in gold mining cos from India. I could see DSP offer a fof but seems closed for new investments currently.
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