In response to a listener question, this week we discuss investing in Hong Kong and Asia. Albert shares his approach to finding and researching local stocks as a non-native speaker, and highlights some of the key megatrends that are driving his Asia investments. We also review a number of Hong Kong and China companies, as Luke begins to plan his own investments in the region.
- The Hong Kong stock market is one of the most active in the world, with an average daily trading volume over half that of the New York Stock Exchange, providing an active and liquid market with a vibrant IPO scene
- China is the second-largest economy after the US and continues to grow quickly, and their 5-Year Plans may give clues on future growth areas
- In some areas, China is ahead of the west with wider adoption of technologies such as electric vehicles, renewable energy and electronic payments
- Megatrend investing is as applicable in Hong Kong and China as it is anywhere else. Regional trends sometimes become global trends, and it helps to keep an eye on what’s happening around the world
- Investors have an advantage in their home market as they will often hear of promising local companies before global investors, and may be able to get a head start and invest early
References
- This week Luke read RESET: How to Restart Your Life and Get F.U. Money by David Sawyer
If you enjoyed this episode, please subscribe to the Telescope Investing podcast at Spotify, or on your podcast platform of choice
