Every morning, I check the changes in the general index and my watchlist from Nordnet’s market overview. Tokyo closes at 8 AM in winter time. Hong Kong is open a bit longer. Other opportunities are offered by, for example, the Australian and Singaporean stock exchanges.
You can conveniently invest through Mandatum, where I find the trading costs reasonable. Dividend taxation should be correct with Japan through them. I can’t yet say how it goes with Hong Kong / China dividends. Singapore doesn’t levy any withholding tax. Australia, on the other hand, I understand is bad for dividend investors because too much withholding tax is levied, but please correct me if I’m wrong. Another thing to note is the minimum lot sizes. For example, in Tokyo, 100 shares in some stocks, like Sony, makes the minimum lot quite large.
Everyone makes their own choices about whether to venture into Asian stock exchanges. In my opinion, there are still reasonably valued stocks there, and for example, Buffett invested significantly in Japanese stocks some time ago. My portfolio currently includes Yamaha Motor & Itochu Corporation from Japan and Olam International & Wilmar from Singapore. However, I don’t follow the market deeply; for me, these are essentially long-term passive dividend-paying investments.
Are there others here who invest directly in Asia, and what do you have in your portfolios or on your watchlists?
You can find China Telecom and Alibaba on the HK exchange and Hongkong Land on the Singapore exchange. These are pretty much “buy and forget” kind of stuff, and I don’t follow the stock market very actively.
Well, that’s generated a bit of interest in the message, which is no surprise. If I were a trader, I would definitely be researching Asian stock exchanges in hopes of less competition. Perhaps even an opportunity for Finnish investors, assuming interest is equally low elsewhere?
Honestly, the Japanese stock market interests me. Many investors have thrown in the towel, seeing it as a land of zero returns and based on past performance, but beneath the surface, there are many interesting cases with good valuation multiples and strong global growth drivers. Nintendo is one case I missed out on simply because buying the stock required calling a Nordnet broker – bloody millennials, eh
I do have a dog in the fight, as I speak the language at a fair level (certainly not official documents or investment material, as that would require N1+++), and I might end up living in that country at some point in my life.
{“content”:“I have Asian funds, so in the mornings I check which way the indices are going - it also shows the direction of the funds pretty well. Now, however, the latest value of the Shanghai Composite has not been updated since February 10.”,“target_locale”:“en”}
Just followed the newly listed Chinese TikTok, Kuaishou. I felt like buying it for under three hundred (HKD) but I didn’t dare. Now I’m mainly following the value development to see if there will ever be a new buying opportunity. I don’t really have an idea if this is expensive or cheap now, so I should find and study some kind of reliable valuation (I’m not very good at crunching numbers myself)
The ticker is “1024”
Here’s an article that gives you a little insight into the company
The health sector has been sluggish since the beginning of the year (only up 3% - heh :D) and these stocks have also corrected downwards in Japan quite recently. My intention is to form forever hold positions in these and I’ve been following them for some time - focusing on companies in Seligson’s top 25 pharma fund: Astellas Pharma, Otsuka Holdings, Takeda Pharma, Eisai, Chugai Pharma.
Time will tell, but in my opinion, now is a good opportunity to tank up on a sector that’s on the side of long megatrends, when the market doesn’t seem interested. The yen (Jenikin) also seems to be at a suitable level relative to the euro, although I don’t let that factor influence decision-making for these companies.
Let’s bump this, especially since China has seen significant drops. Do others see the recent fear as an opportunity, or have you given up on China in particular?
I personally just jumped back into Tencent and Alibaba (again, because somehow I’ve managed to trade it at the right time). I made my investments in Tencent through the South African Naspers, which offers a direct discount to NAV (Net Asset Value). I will exchange these shares for Prosus shares, traded in Amsterdam, next week in a share exchange. I invest in Alibaba through Softbank.
Verneri from Inderes seems to have jumped on board, at least:
. I did read about this in the paper…