How do you buy Chinese YUAN?

[swtrader]

So it's being revalued, and revalued upward

Sounds like a bull market in YUAN to me

How do you buy it?

Seems like this would have a number of tradable implications

 

[Free Thinker]

Quote from swtrader:

So it's being revalued, and revalued upward

Sounds like a bull market in YUAN to me

How do you buy it?

Seems like this would have a number of tradable implications

interesting read on it:
http://bigpicture.typepad.com/comments/2005/07/playing_with_fi.html

 

[joesan]

Long HSI or HHI futures contracts in HKFE may be one choice.

Actually, whenever there is a strong speculation that Chinese Yuan will aprreciate, the Hong Kong stock index go up. IT is difficult to buy chinese equities, but not very difficult to buy Chinese-related equities listed in HKFE

 

[Biog]

You can buy it here...

simple and easy format.


http://www.everbank.com/main.asp?affid=eb&IDPage=pro_wc&referId=11812

 

[richardyu301]

Be careful.... Hang Seng Index has already risen a lot in anticipation of the revaluation. So it may be the time to sell when it is finalized. Maybe better wait and see before taking action...

Quote from joesan:

Long HSI or HHI futures contracts in HKFE may be one choice.

Actually, whenever there is a strong speculation that Chinese Yuan will aprreciate, the Hong Kong stock index go up. IT is difficult to buy chinese equities, but not very difficult to buy Chinese-related equities listed in HKFE

 

[tomcole]

Hot money was buying real estate lately, but that just doesnt seem like a good idea to me.

 

[monistat7]

the easiest way would be to goto china and smuggle it out. i dont think US banks are stocked with yuan yet.

 

[def]

Quote from tomcole:

Hot money was buying real estate lately, but that just doesnt seem like a good idea to me.

the hot money in HK seems to always be buying real estate.

In HK, you can open and RMB account. FYI, HHI and FXC futures ran up 2% yesterday while the index was flat. (HHI and FXC are china stock indices)

 

[Rearden Metal]

Quote from monistat7:

the easiest way would be to goto china and smuggle it out. i dont think US banks are stocked with yuan yet.

Sure, much easier to go all the way to China and purchase a duffel bag full of 100 Yuan notes (The highest denomination minted), and then attempt to smuggle it all back into the U.S.

Perjury on the customs form isn't too bad a felony If it all gets confiscated by the U.S. government for failure to declare, at least you learned alot from the experience. Yup, smuggling is much easier than just clicking here:

http://www.everbank.com/main.asp?affid=eb&IDPage=pro_wc&referId=11812

and buying Yuan CD's.

 

[Hydroblunt]

Quote from richardyu301:

Be careful.... Hang Seng Index has already risen a lot in anticipation of the revaluation. So it may be the time to sell when it is finalized. Maybe better wait and see before taking action...

I see CNBC & all their guests are bullish on the YUAN. I thinking it's a sucker play to buy up YUAN right now.

Let's be real, China & USA have a symbiotic relationship. Chinese goods get too expensive, less exports from China.

Quote from vhehn:

interesting read on it:
http://bigpicture.typepad.com/comments/2005/07/playing_with_fi.html

Great link, thanks.