Yyhwin HK stock investment journal(update on random basis)

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havetheveryfun

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4 dollars hkd per year, current price around 80, do dividend withholding tax, around 5 %.

why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?
 

OngHuatHuat

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Bank of china not so good in my opinion.
H shares dividend need to pay 10 % withholding tax.

why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?
 

Perisher

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why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?

Was looking at ABC, state own banks. Damn that it moved so quickly...
 

OngHuatHuat

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Yeah, what I trying to say is bank of
China sell all south east Asia assets to bank of china Hong Kong. So bank of china Hong Kong is better now, but lower yield due to better asset quality.

All H shares need to pay 10 % dividend withholding tax.

i thought all H shares dividend must pay witholding tax of 10%? not just BOC right?
 

OngHuatHuat

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You are right. I need to test it.
Thanks for the reminder.
Coz now I just paper trade using this method, means trade in my mind, I never really execute it.

u done backtest liao? what is the win rate? what is the CAGR returns??
 

OngHuatHuat

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HSBA London -4.4 % now

qYqe8K6.jpg
 
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