If you have a bank card in Hong Kong, you can directly change it into dollars in the securities account. However, the threshold for handling Hong Kong bank cards in China is relatively high at present. China Merchants Bank needs to deposit 5 million yuan to handle it; However, if you go directly to Hong Kong, the threshold is zero. It is very convenient to issue funds to Hong Kong bank cards. If you want to send money to a domestic bank card, there are relatively too many restrictions and it is difficult to send money.
Berkshire Hathaway, which Buffett is responsible for, has a share price of more than $200,000. American stock exchange code is the abbreviation of listed company. For example, Apple's stock code is AAPL and Alibaba's code is Abba. A shares are RMB ordinary shares. It is issued by companies in China, and US stocks refer to stocks listed in the United States and traded in US dollars. There are no restrictions on the rise and fall of US stocks, while there are restrictions on the rise and fall of A shares. The fluctuation range of common stocks is 10%, and the fluctuation range of some special stocks is 5%.
US stocks can be traded in two directions, that is, investors can be long or short, while A shares can only be traded in one direction, that is, investors can only be long. The American economy may soon fall into recession, ending this strong bull market. They have an economic surplus. In the past economic peak, we didn't notice the surplus. Callback is a normal part of the market; Historically, it has happened several times a year on average. Although we may not be able to predict the time or exact reason for the next callback, there may be a callback in the near future.