Investing in HSBC in Australia

November 19, 2008 on 5:06 pm | In mybachcars.com |
Investing in HSBC in Australia
  • How can I invest in HSBC Australia?


  • Do you want to buy shares in HSBC, which is a global corporation, or do you want to open an investment account with them?


  • I am interested in investing in HSBC Bank Australia - I think a subsidiary of HSBC (saw from a news article). I have not invested in shares before so I don't know how I'd go about this, how muhc they cost, whether I am eligible, etc. Thanks


  • Hi there, About the HSBC -------------- HSBC is one of the largest international banking and financial services groups in the world, with major personal, commercial, corporate and investment banking and insurance businesses operating in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. The Group’s name is derived from one of its principal members, The Hongkong and Shanghai Banking Corporation Limited, which was established in Hong Kong and Shanghai in 1865. With listings on the London,Hong Kong, New York and Paris stock exchanges, shares in HSBC Holdings plc are held by around 200,000 shareholders in some 100 countries and territories. The HSBC Group, headquartered in London, has more than 6,500 offices in 78 countries and territories. http://www.hsbc.com.hk/pdf/corp/auh.pdf Current share prices for HSBC: http://www.hsbc.com/code/tools/site/Renderer.jhtml?cp=/public/groupsite/investor_centre/shareholder_information/en/hsbc_share_price.html&bu=groupsite&toolName=investor_centre&&isPc=true&bt=&pId=c6c101c1-ec1e-11d6-bc4f-080020c629df They are not listed on the Australian Stock Exchange. The easiest way for you to acquire HSBC shares is via Commonwealth Securites, a division of the Commonwealth Bank. They have a way for you to buy shares on the Hong Kong exchange. I used them to make my very first share purchase, and I found them to have relatively low fees, and easy to understand procedures. http://www.comsec.com.au/LearningCentre/Frame.asp?Filename=USSharesMoneyMkt.htm (click on Hong Kong Shares) Search strategy: I browsed hsbc.com and hsbc.com.au and comsec.com.au Best wishes, robertskelton-ga