Answers
Was wondering what time does the Shanghai stock exchange open and close (would prefer PST, if you know it)?
The SSE is open for trading every Monday to Friday. The morning session begins with centralized competitive pricing from 09:15 to 09:25, and continues with consecutive bidding from 09:30 to 11:30. This is followed by the afternoon consecutive bidding session, which starts from 13:00 to 15:00. The market is closed on Saturday and Sunday and other holidays announced by the SSE.
Shanghai Stock Exchange, China
Which mutual fund or stocks can I buy in Canada that will track Shanghai composite index ?
There are mutual funds that invest in the Chinese markets. However they also invest in other asian markets.
http://www.fundlibrary.com/funds/db/brow se/by_type.asp
I can trade B shares via my HSBC HK account but I want to know if it is possible to trade A shares at the SSE online as an overseas investor, similar to the way I use my TDA acct to trade US listed shares.
You cant buy A shares unless you are a Chinese citizen, and Chinese citizens can only buy A shares in the Shanghai exchange. The Chinese government has set up the exchanges this way. There has been talk that it will be changed, but there has been no confirmation by the Chinese government.
Can I buy stock directly from the shanghai stock exchange index? If so what company can I use to complete this transaction?
Unless you are a 'Qualified Institutional Foreign Investor" (which you aren't), you cannot purchase A shares. You can purchase B shares.
However, your best bet is to purchase American Depository Receipts of certain companies listed in Shanghai. They are represent stock but are traded on American exchanges. Not all companies will offer these.
especially in chinese mutual funds
like
1.Dreyfus Premier Greater China
2.AIM China
3. Oppenheimer Baring China
etc.
question: do you know any indian website or good broker who can help me to invest in shanghai stock exchange or any of the above chinese mutual funds.
please don't just copy paste from the website , i will be glad to hear your personal experience or realisations.
Sir,
One can indirectly invest in these world economies
through mutual funds. There are some mutual funds
invest your fund in other counteries like one new fund
of ICICI PRU MUTUAL FUND namely ICICI PRU INDO
ASIA FUND opened upto 21st , september,2007, in which 65% of your fund
is invested in INDIA and 35% of the fund will be invested
in 7 big economies of asia eg:china,singapore,taiwan
etc;.
YOUR'S
MUNISH BANERJEE
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