Buying Hong Kong stocks from Australia

[CraigD]

Hi,

 

I'm an Australian resident and have been a retail IG customer buying Australian and US stocks for a while now. 

 

I'm looking to buy some stocks which are listed on Hong Kong Exchange, e.g. Alibaba Group Holding Ltd which is currently traded at HKD $194.

 

I tried to search this stock but could only find Alibaba Group Holding Ltd - ADR on NYSE. I have no interest buying the US listed ADR stock.

 

How could I start buying Hong Kong stocks? Can anyone please advise the process?

 

Many thanks,

Craig

[ArvinIG]

On 07/08/2021 at 15:02, CraigD said:

Hi,

 

I'm an Australian resident and have been a retail IG customer buying Australian and US stocks for a while now. 

 

I'm looking to buy some stocks which are listed on Hong Kong Exchange, e.g. Alibaba Group Holding Ltd which is currently traded at HKD $194.

 

I tried to search this stock but could only find Alibaba Group Holding Ltd - ADR on NYSE. I have no interest buying the US listed ADR stock.

 

How could I start buying Hong Kong stocks? Can anyone please advise the process?

 

Many thanks,

Craig

Hi @CraigD,

Unfortunately with a share dealing account you won't be able to buy shares listed on the Hong Kong Exchange. You will have access to :

With a Leveraged account  CFD.

CFD accounts are more complex than a share dealing account.
More details here.

I hope that it helps !

All the best - Arvin