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India opens up to foreign stock investors - CNN

+5
bakapandithaya
monash
aj
Kumar
hawklk
9 posters

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hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Some key facts from the article

The government “decided to allow qualified foreign investors to directly invest in Indian equity market in order to widen the class of investors, attract more foreign funds, and reduce market volatility and to deepen the Indian capital market,”

Before only institutional investors and Indians living abroad were allowed to invest directly in local companies. The move will allow individuals to buy as much as 5% of a company’s shares.

http://business.blogs.cnn.com/2012/01/03/india-opens-up-to-foreign-stock-investors/?hpt=hp_c3

Will the foreign investment will further reduce? Do GOSL has to worry about this?

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

http://forum.srilankaequity.com/t14587-india-lets-foreign-individuals-invest-in-stock-market

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I'd like to invest in a real stock market. Anybody know the requirements for an individual? Minimum funds? Any brokers who're going to do it?

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Stock markets like India, China, Bangladesh are highly corrupted and volatile like Sri Lanka.

If you want to invest in a real stock market, invest in Hong kong Stock exchange to get a high return with minimum risk. It is the world's 7th largest stock exchange and has a great future potential.

http://www.aljazeera.com/news/asia-pacific/2011/12/2011121463225690525.html

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

monash wrote:Stock markets like India, China, Bangladesh are highly corrupted and volatile like Sri Lanka.

If you want to invest in a real stock market, invest in Hong kong Stock exchange to get a high return with minimum risk. It is the world's 7th largest stock exchange and has a great future potential.

http://www.aljazeera.com/news/asia-pacific/2011/12/2011121463225690525.html

Thanks mate for the info.

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

monash wrote:Stock markets like India, China, Bangladesh are highly corrupted and volatile like Sri Lanka.

If you want to invest in a real stock market, invest in Hong kong Stock exchange to get a high return with minimum risk. It is the world's 7th largest stock exchange and has a great future potential.

http://www.aljazeera.com/news/asia-pacific/2011/12/2011121463225690525.html

Yes bro, one of my indian frnd wit me, I used 2 watch their mkt. Go up 300, 400 points a day & coming back 500, 600 like that, vry risky

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

monash wrote:Stock markets like India, China, Bangladesh are highly corrupted and volatile like Sri Lanka.

If you want to invest in a real stock market, invest in Hong kong Stock exchange to get a high return with minimum risk. It is the world's 7th largest stock exchange and has a great future potential.

http://www.aljazeera.com/news/asia-pacific/2011/12/2011121463225690525.html
Thanks monash for the news
some time now I am seeking a good foreign exchange to diversify my investment if monash or some one could explain how could us go for that.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

I have raised this question in several times, several forums. no one has given a clear answer.

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

cseguide if you want to invest on Hong Kong or other international market there are broking firms that we can invest on many international markets simultaneously. If you want to do international trading it is recommended to open an account with broking firm based in Singapore or Hong kong as they are cheaper and transparent.

Philip securities and OCBC are leading broking firms in Asia. it's better for you to compare their fees and charges according to your need. It differs from your desired market of trading. Hope these links will help you.

http://www.poems.com.hk/Phillip/openaccount/e_openaccount.asp

http://www.iocbc.com/

http://the-international-investor.com/international-stock-broker-list/hong-kong-stock-broker-list

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Thanks monash

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

monash wrote:cseguide if you want to invest on Hong Kong or other international market there are broking firms that we can invest on many international markets simultaneously. If you want to do international trading it is recommended to open an account with broking firm based in Singapore or Hong kong as they are cheaper and transparent.

Philip securities and OCBC are leading broking firms in Asia. it's better for you to compare their fees and charges according to your need. It differs from your desired market of trading. Hope these links will help you.

http://www.poems.com.hk/Phillip/openaccount/e_openaccount.asp

http://www.iocbc.com/

http://the-international-investor.com/international-stock-broker-list/hong-kong-stock-broker-list


If you are based in Sri Lanka you need to have a foreign bank account right?

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

are there any one who do foreign trading from sri lanka?

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

i started recently.. But i'm not in Sri Lanka.. nkalansu it's not compulsory.. it depends on broker.

Appuhamy


Manager - Equity Analytics
Manager - Equity Analytics


monash , could you please explain us the procedure to do foreign trading from sri lanka. because most of us are unaware of that. thank you in advance.

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Appuhami it's on the 1st link i have given. Again it depends on broker you choose.. My bank account is linked straight to the foreign trading account. So that i can use my deposit to do trading. You can contact any foreign broker and know what are their requirements.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

very valuable discussion

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

monash wrote:i started recently.. But i'm not in Sri Lanka.. nkalansu it's not compulsory.. it depends on broker.

I hope if you have forign bank account it will be easy. I am working in Qatar and my account is with HSBC and as per broker firms you can directly dedecut from the account, monash my main concern is how you study about the company performance .. for example if you are investing in Hong kong or UK stock market.. we have to mainly rellay on the broker only.. becasue of this only i was not happy to invest.. in forgin market.. How you getting the information about the company performance ???. Are the brockers reliable... Then i was thinking to invest in some forign funds which risk is free..

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

manula. I live in Singapore. So I have DBS bank account and they have brokering division too. Therefore i use it for trading and banking as it's convenient for me.
I'm investing on Singapore and Hong kong stock markets. I rarely take broker advices even though brokers are much more reliable, because there is an additional charge. Wink In Singapore, government give clear direction to stock market about the growth and decline of each sector. So investors can have a clear idea which sector they should invest more as their forecasts are very reliable and accurate most of time.

I used to read company financial reports and other websites such as Bloomberg, business week,channel news Asia, Yahoo finance etc. to get information.

Mind you investing in foreign markets is not an easy task. Unlike in CSE, they are very sensitive to global developments.especially SGX. So you have to be updated every day by reading news articles and you should be alert on how other markets like Dow Jones, Nikkei, London performing. Smile

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

In Sri Lanka, Central Bank has already given approval to invest up to US$ 100,000 per individual in foreign stocks. They have introduced a special account for that, known as "Outward investment account". But non of the local banks which i have contacted have developed a product/account based on this.

Very poor situation.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

@monash
now you have experience of investing 3 markets. How can you compare these three market special with regard to capital gain and dividend income. you are a good assert for this forum
Thanks

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

monash wrote:manula. I live in Singapore. So I have DBS bank account and they have brokering division too. Therefore i use it for trading and banking as it's convenient for me.
I'm investing on Singapore and Hong kong stock markets. I rarely take broker advices even though brokers are much more reliable, because there is an additional charge. Wink In Singapore, government give clear direction to stock market about the growth and decline of each sector. So investors can have a clear idea which sector they should invest more as their forecasts are very reliable and accurate most of time.

I used to read company financial reports and other websites such as Bloomberg, business week,channel news Asia, Yahoo finance etc. to get information.

Mind you investing in foreign markets is not an easy task. Unlike in CSE, they are very sensitive to global developments.especially SGX. So you have to be updated every day by reading news articles and you should be alert on how other markets like Dow Jones, Nikkei, London performing. Smile


@monash..Thanks for the information ..and i think it will be very easy for you to invest in Singapore and Hongkong market.. because you are stay in SIN so easily can go through the papers/news/company performance easily.. but as i stay in Qatar i think it will be little hard to get the complete proper details. One good thing is as you mention brokers are reliable.. not like in Sri Lanka.. Here we can invest in Qatar Stock Market but many works/books information mainly in Arabic that i could not understand. I was thinking about UK stock market also..same issue comes to my head every time. I was thinking to save in Welath Managment scheme with HSBC. But I mainly prefer to invest in share market. I think better than UK due ecnomoy falling better to invest in Singapore or Hong kong stock marekt. If possible like to get some details.. What is the DBS bank account ..what the DBS bank..can we open the DBS account as a out sider.. (only to know the details).

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

nkalansu wrote:In Sri Lanka, Central Bank has already given approval to invest up to US$ 100,000 per individual in foreign stocks. They have introduced a special account for that, known as "Outward investment account". But non of the local banks which i have contacted have developed a product/account based on this.

Very poor situation.


Why dont try to open forign bank account like HSBC .. becasue they have branches every where in the world...

Appuhamy


Manager - Equity Analytics
Manager - Equity Analytics


Dear Monash, can you please tell me the possibility of doing day trading in Hong kong stock market. thanks in advance

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@ cse guide.. I started investing on foreign market only on last year. Their are some stocks that have high dividend yield range from 4%-8% which is not bad considering strong currency. These markets are very stable. It rarely goes down more than 1% a day. Also when stocks go up it goes up gradually. We cant expect 25% a day like in SL. Very Happy
At CSE capital gains are much higher if you are lucky and do the gamble at correct time. CSE is very similar to Casino when compared to other markets. You can be beggar also a billionaire. Wink

@ manula i don't think living in overseas is a barrier for investing as long as you have internet. more than 90% of information i'm finding through internet. So not much difference between you and me.

DBS (Development Bank Of Singapore) is the biggest local bank in Singapore. They have a branch in Dubai too. Yes you can open an account as foreigner. refer this link.

http://www.dbs.com/sg/personal/deposit/savingsplus/foreigners/default.aspx

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Dear monash
As a Sri Lankan Can I invest in Foreign market by opening DBS bank account and brokering division of DBS SIMILAR TO YOU DO. For opening of DBS account may I want to come to Singapore.

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