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Questions tagged [china]

This country tag is to be used for any question that is specific to or only relevant within China.

0
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1answer
57 views

Chinese Brother-in-Law in Debt Trouble - What can Chinese Citizens do to Manage?

My brother in law built up a large amount of gambling debt two years ago. I guess in an attempt to save face, he hid a portion - 75,000¥ ($11,187) from his family thinking he could pay it off himself. ...
0
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1answer
54 views

Does Chinese Contractor Need to File US Return?

My US based LLC hired an independent contractor from China for some film work. Taxes were not withheld from the contractor’s payment. They will get a 1042-S to indicate this. As a nonresident alien ...
2
votes
1answer
529 views

How can this iPhone scam be economically viable? [closed]

If I understand this article correctly, they buy a new iPhone, replace an expensive part of it with a cheap knock off, return the "broken" phone to have it replaced and finally sell the expensive part ...
0
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1answer
38 views

Chinese technology indices

Is there a Chinese stock index comparable to the NASDAQ 100 or NASDAQ Composite covering Chinese technology stocks with the highest market cap? And are there corresponding ETFs or Mutual Funds?
4
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2answers
139 views

Sources of international wire charges?

A person in China wire transferred X US Dollars (after fees & charges of the sending bank) to my Capital One 360 checking account in the US, and the amount I received was X-15 USD. When I contact ...
1
vote
1answer
72 views

Can tax treaty exemption be applied to spouse's income?

I'm a green card holder and my wife is a F1 student from China, and we are filing our tax return jointly this year. My wife doesn't have any income, and I wonder if we can still claim the $5,000 tax ...
1
vote
1answer
963 views

I want to buy Tencent stock - whats the difference between 0700, TCEHY and NNND?

I'm a little lost here... I'm from the UK and my broker is only showing Tencent Holdings Ltd (DE). Why does Tencent Holding Ltd have so many ticker symbols: 0700, TCEHY and NNND?
4
votes
1answer
287 views

Why does L & L Energy continue to trade OTC even though it's been defunct for years and its former CEO is in jail?

L & L Energy (LLEN) continues to trade OTC even though the company closed. The former CEO, Dickson Lee, is in jail for securities fraud. Why does LLEN linger on OTC year after year? Can stock ...
10
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2answers
243 views

Why companies appear in several stock exchanges?

Let's say I want to buy stocks of Sinopec which is a Chinese company. I would expect to buy it from HKS and in local currency. With the Degiro broker which is Dutch, I see "Sinopec Shangai Petrochem-H ...
1
vote
1answer
401 views

How should one refuse to father in law (Chinese) when he wants to borrow money? [closed]

I’m 24, male was born in Western Europe, currently living in China. The main reason why I’m in China is my girlfriend who I met back at my home town and she happened to be Chinese. I’m full time post ...
3
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1answer
141 views

Bank refuses to allow withdrawal due to ID/citizenship issues

My sister has a bank account--and a passbook as proof of that bank account, in China. She opened that bank account as a Chinese citizen with a Chinese ID, and it currently has approximately $35, 000 ...
1
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0answers
139 views

Does government track wu transfer?

I have been sending money to my family back in China over year now and probably sent 25000. But last week I was trying to send it through wu agian and they put it on hold and decline saying it ...
1
vote
0answers
53 views

Is there a cheaper way to get money from a Chinese bank account to an Australian bank account than using the bank's SWIFT service?

My friend has arrived in Australia from China to stay for a year on a working holiday visa. He wants to transfer some of his money from his Chinese bank. If it makes a difference, on the China side ...
4
votes
1answer
118 views

How/where can a U.S. resident buy recently issued Chinese 3-month Treasury bills?

According to Reuters: China has rolled out a flurry of reforms recently to liberalize its markets and also help the yuan meet the IMF's checklist, including scrapping a ceiling on deposit rates,...
4
votes
1answer
785 views

Transfer money from China to India

I came to China on 09th September, 2015. My work permit is valid upto 15th September, 2016. I get my salary after tax-deduction as per taxation in China. My question is how can I send money to my ...
1
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2answers
194 views

Buying gold/silver bullion internationally

My understanding is that gold and silver have a set value at any given point, but I've been told that it's possible to buy it cheaper in other countries, specifically China. I can believe this for ...
1
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1answer
265 views

Chinese account, live in Europe - rather get paid in RMB or EUR?

I'm currently living in Germany, but have a Chinese employer. I've got an account in both countries (ICBC in China and Sparkasse in Germany), and get my salary paid in RMB to my Chinese account, and ...
3
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2answers
124 views

Considering investing in CHN as a dividend stock

I've been looking at investing in another dividend stock, and I have been using dividata.com to do some research. I have found several stocks that I am interested in that have a roughly 9% or 10% ...
1
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1answer
112 views

Can I locate a Bank of China ATM in mainland China given the ATM ID?

Today I realized my ATM card is missing. (It's OK I have a spare but if that bank branch has it would still be handy.) I used it three days ago at an ATM in Guangzhou China. I have the receipt. The ...
0
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1answer
31 views

what % of intl should be in China equity mutual funds right now? [closed]

Mutual funds investing in China equity seem to be the strongest growing Intl equity mutual funds. What percentage of my international equity mutual funds should I move to China equity mutual funds ?
2
votes
1answer
599 views

Shares in Chinese startup company

let me first explain my situation before asking my question. I use to work in research at university overseas on a project that has been spun off in a startup in China by my former supervisor who is ...
2
votes
1answer
397 views

Unclaimed Foreign Inheritance

I do not know where to start. My grandmother died in July 2011 in Guangzhou, China (she is a Chinese citizen). She owned an apartment, and money in her bank account(s). The biggest problem in this ...
9
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1answer
196 views

Opening a bank account in China

I'm trying to open a account with any of the major banks in China, but I live in the US. Is this possible and how would I go about doing this? I would also like to be able to transfer money between my ...
3
votes
1answer
3k views

I don't live in America. How can I buy IPO stock of newly listed companies in the United States?

I'm Chinese, and I only know Firstrade, Scottrade and SogoTrade provide trading services in the Asia-Pacific region. However, they don't offer a way to buy IPO stock. Is there any way for me to buy ...
3
votes
2answers
122 views

Should mainland Chinese invest in the US market?

Forgive my poor financial vocabulary to put this properly. I'm a Chinese in China and for now most of my money (USD earned from US, transferred to China and then exchanged into CNY) are being managed ...
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2answers
105 views

Explain the HSI - why do markets sometimes appear in sync and other times not?

Can someone please explain this to me: in 2006, HSI moved almost identical like indexes on the New York Stock Exchange. However, the crisis period (2007-2011) shows the deviation from the others. My ...
2
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2answers
158 views

Buying silver in China

Here in China, the national bank allows one to buy silver on something called RMB/SLV market. I'm given a bid and ask: at the moment both are around 5.7 RMB. I'd like to buy some silver, but I don't ...
3
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2answers
2k views

Do any banks in China offer Visa/Mastercard cards which are not credit cards? [closed]

I want to have a Chinese bank account and a card that I can use for online shopping (both on Chinese sites and abroad) and I can also use outside China for ATM withdrawal and POS shopping. Most ...
2
votes
1answer
196 views

how does rise of china interest rate affect the inflation?

I heard not long ago that because of inflation rising up in China, the China Bank will rise its interest rate of 0.25%. I am quite new to the financial world and do not really understand how this is ...
5
votes
2answers
156 views

What are the opportunities/implications of having a designated clearing bank in my home country?

NOTE: I don't come from a finance background i.e. I'm an idiot in this topic. Recently China announced that the Bank of China and ICBC will become designated RMB "clearing banks" in my home country, ...
2
votes
2answers
173 views

Are there good ways for an Indian company to wire money to an individual in Mainland China?

Are there good ways for an Indian company to wire money to an individual in Mainland China?
3
votes
1answer
118 views

What is the interest rate for Chinese yuan at the moment?

I can't seem to find any info about it on the net.
4
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1answer
73 views

What are the laws involved with residency requirements when it comes to purchasing real estate in Shanghai?

Please quote some examples from the laws imposed by the Chinese government, whether it's in English or Chinese (assuming there are a fair number of chinese readers here). Thanks in advance!