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Investing for beginners

Investing for beginners
All millennials need to know about investing for beginners, including stock market trading, stock market 101, buying and selling shares and how to make the most out of your money.
last updated:
9 September, 2024
Passengers check in at Hong Kong International Airport. Photo: Elson Li
Banking & finance

Gen Z works to enjoy travel, started investing at a younger age: HSBC

‘Nearly half of our Gen Z respondents prioritise saving for short-term goals, often linked to enjoying life,’ survey shows.

Hong Kong stock market

In Hong Kong, young investors are chasing the US$1.8 trillion stock rally

Banking & finance

The devil in Greater Bay Area’s blueprint stunts cross-border wealth plan

Banking & finance

‘Fomo’, travel among Chinese Gen Z’s motivations for investing: CFA Institute

More than half of China’s Gen Z are investing because of a ‘fear of missing out’, or Fomo, and having money for travel is their number one financial goal, according to a recent study by the CFA Institute.

A stock ticker in the Lujiazui Financial District in Shanghai. Most of China’s Gen Z are investing in mutual funds, with 41 per cent in wealth-management products issued by commercial banks and about a third in individual stocks. Photo: Bloomberg
Banking & finance

Silver Bonds: Hong Kong gets HK$62.6 billion of bids amid inflation threat

A record number of senior citizens applied for the latest batch of inflation-linked bonds, making it one of the hottest since the first offering in 2016. Returns are guaranteed to outpace the rate of inflation in the city.

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Metaverse

Tencent, NetEase are front runners in global metaverse race, CS says

Tencent, NetEase will stand out in the web’s evolution to metaverse, as they tap into new opportunities from hosting virtual events and conferences, besides gaming.

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IPO

Hong Kong clears the way for blank-cheque companies to list

Hong Kong and mainland start-ups will be allowed to use a new method to raise funds from the local stock market, a move that set to attract more new listings and to strengthen the city as an international financial centre.

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The signage of the Hong Kong Exchanges & Clearing Limited (HKEX) at the Exchange Square complex in Hong Kong’s Central district on 28 April 2021. Photo: Sam Tsang.
Banking & finance

ETF managers reap windfalls from oil supply crunch

ETF managers gained handsomely this year from backwardation, the market condition where oil futures trade below the expected spot price in a downwards sloping futures curve.

Google

Google’s 2021 finance rank shows iBond as the most-searched term

The annual ranking of the world’s dominant internet search engine, with 91.4 per cent of worldwide market share in November according to Statcounter’s data, offers a snapshot of what netizens care about in the internet-connected world.

SFC

Hong Kong reviews rules on retail trading cryptocurrency ETFs

Hong Kong’s financial watchdog is reviewing regulations governing cryptocurrencies including the market demand for Hong Kong retail investors to trade overseas exchange traded funds (ETFs) with exposure in virtual assets, according to deputy head of the regulator.

The 2021 Hong Kong FinTech Week from November 1 to 5. Photo: InvestHK.
Stocks

Chinese fund manager known for his bets on liquor makers dies at 41

Cai Xiangyang, who managed 10 funds with a combined US$7.8 billion in assets, died on Monday in Beijing, China Asset Management said in a statement, without giving more details.

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Cai Xiangyang, a veteran money manager at China Asset Management, has died at the age of 41. Photo: Weibo
HKEX

HKEX to launch A-shares futures in October, deals blow to Singapore

HKEX has entered into a new licensing agreement with global index provider MSCI to launch the new futures contract based on the MSCI China A 50 Connect Index.

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Alibaba

Lone bear on Alibaba, Tencent says worse is yet to come

The rout in Chinese tech and education stocks may not end until Beijing repairs trust in the market in the face of regulatory assaults, DZ Bank analyst says.

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Hong Kong stock market

Tepid response to Nayuki, world’s first listed milk tea firm, in Hong Kong

Nayuki Holdings, the world’s first listed milk tea chain, plunged 13.5 per cent on its Hong Kong debut, on concerns about its earnings outlook and relatively high pricing.

A Nayuki store in Beijing. The company had 491 shops in China as of the end of last year. Photo: Reuters
ESG investing

ESG investing to take off if China improves disclosures: fund managers

Engagement by foreign investors has already seen some Chinese firms enhance disclosures, while impending regulatory requirements would improve it further, say asset managers.

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Better disclosure by mainland China-listed firms is key to attracting foreign investors in Asia’s ESG funds boom. Photo: Shutterstock Images
Digital currencies

Bitcoin can still be bought in China after latest crackdown

Chinese individuals could still buy bitcoin and other cryptocurrencies and trade them on overseas exchanges on Thursday.

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Digital currencies

China warns again on cryptocurrency risks amid ‘wild fluctuations’

Statement comes amid recent price volatility and as Beijing seeks to draw a distinction with its own sovereign digital currency.

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Stock Connect

Explainer | Here’s what you need to know about China’s upcoming wealth management scheme

The Wealth Management Connect is the first cross border trading scheme focused on the Greater Bay Area, with total fund flow capped at 300 billion yuan (US$46.5 billion).

Hong Kong’s biggest lenders are spending billions to hire wealth managers and beefing up their China teams in preparation for the imminent launch of the new connect scheme. Photo: Sam Tsang
China stock market

Explainer | What’s behind China’s US$1.4 trillion stock rout. Is a bailout possible?

Mainland Chinese stocks have gone from world beaters to a wreck in a space of two months. Lofty valuations and policy risks abound. Speculation on state intervention or bailout could follow, given precedents. Here’s a quick take on the state of the market.

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Warren Buffett

Buffett’s Berkshire reveals three secret buys after cutting Apple stake

Buffett and his investment deputies, Todd Combs and Ted Weschler, reshaped the portfolio over the last year as the coronavirus pandemic struck the US.

Stocks

Who is really behind wallstreetbets’ short squeeze on hedge funds?

If Block is right, what seemed like a history-making retail uprising last week was just as much a convenient smokescreen for internecine hedge-fund warfare.

Carson Block, founder and director of Muddy Waters, during a Bloomberg Television interview in Zurich on Tuesday, September 13, 2016. Photo: Bloomberg
China economy

How China’s P2P purge has left millions of investors in debt and desperate

The shroud over peer-to-peer lending firms has fallen, and China’s banking regulator says all such platforms across the country have ceased operations – but countless billions are already feared lost.

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China’s scandal-plagued peer-to-peer (P2P) lending industry has virtually disappeared, but tens of millions of Chinese investors are still owed money. Illustration: Henry Wong
Bonds

Silver Bonds paying seven times more than banks lure senior citizens

Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.

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Wealth management

World’s biggest hedge fund does far better in China than elsewhere

China is becoming increasingly important to global money managers after the nation widened its 100 trillion yuan investment market. Dalio has long been optimistic on China.

Bonds

Hongkongers grab US$5 billion of inflation bonds after Ant IPO miss

Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.

An iBond promotion at a Bank of China (Hong Kong) branch in Central. Photo: SCMP
IPO

Ant’s IPO delay leaves five mutual funds with US$9 billion in limbo

The IPO suspension came as China’s financial regulators signalled their intention to tighten the regulatory requirements on online consumer loans, also known as microlending, and require lending platforms to pony up more registered capital before they can engage in consumer loans.

A quick response (QR) code that links a user to Ant Group’s Alipay online payment platform at a market in Beijing on November 3, 2020. Photo: AFP
Investing

Residents throng to first sale in four years of government-guaranteed iBonds

The first sale in four years of Hong Kong’s inflation-linked bonds got off to an encouraging start on Friday, as investors sought refuge in government-guaranteed returns in an environment of declining interest rates.

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Financial literacy

Hong Kong’s inflation bonds face new risk factors. Should investors worry?

As Hongkongers evaluate the first inflation-linked bond offering since July 2016 later this month, few things are worth noting. Economic conditions and risks surrounding the impending sale are different this time.

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