Kaimen Invest
投资指南
Invest in China,
with your eyes open.
A-shares, H-shares, ETFs, real estate, and the regulatory framework — structured guides for foreigners navigating the world's second-largest economy.
Equities
A-shares, H-shares, Stock Connect, and how to buy Chinese stocks as a foreigner.
Funds & ETFs
Getting broad or targeted China exposure through funds, ETFs, and passive vehicles.
Banking & Currency
RMB accounts, offshore renminbi, and foreign exchange considerations for China investments.
Real Estate
What foreigners can buy, where the restrictions apply, and how the purchase process works.
Regulations
CSRC, SAFE, capital controls, and the rules that govern foreign capital flows into China.
Tax
Tax obligations, withholding rates, and reporting requirements for foreign investors.
Equities
A-shares and H-shares: what they are and why the difference matters
A-shares vs H-shares: China's dual market explained. Different currencies, regulations, prices. How foreigners access both.
Equities
How to buy A-shares as a foreigner: the Stock Connect brokerage route
Stock Connect guide: buy mainland China stocks from abroad. Broker selection, account setup, first trade steps.
Equities
Opening a Hong Kong brokerage account: a complete guide for foreign investors
How to open a Hong Kong brokerage account as a foreigner: broker comparison, required documents, KYC process, and step-by-step setup for Interactive Brokers, Tiger, and Futu.
Funds & ETFs
ETF exposure to China: a comprehensive guide for foreign investors
China ETF guide: MSCI China vs CSI 300, KWEB vs ASHR vs FXI, fee comparison, A-share vs H-share exposure, and how to choose the right China ETF for your portfolio.
Banking & Currency
RMB investment accounts for foreigners: holding and growing renminbi assets
How foreigners can hold RMB investment accounts: NRA vs OSA accounts, offshore RMB (CNH) vs onshore RMB (CNY), account opening requirements, and investment options.
Regulations
Regulatory landscape: CSRC, SAFE, and the rules governing foreign investment in China
China's investment regulatory framework explained: CSRC, SAFE, and the key institutions governing foreign capital flows. Understand the rules before you invest.
Regulations
Capital controls and foreign exchange rules: moving money into and out of China
China's capital controls explained: how money moves in and out, SAFE regulations, annual quotas, and practical guidance for foreign investors and expatriates.
Tax
Tax obligations for foreign investors in China: withholding, reporting, and treaties
China tax for foreign investors: dividend withholding rates, capital gains treatment, tax treaties by country, and reporting obligations. Essential for after-tax return calculations.
Real Estate
Real estate rules for foreigners: buying property in China as a non-Chinese citizen
China property rules for foreigners: eligibility requirements, city-specific restrictions, documentation needed, and the purchase process for non-Chinese citizens.
Regulations
US-China investment restrictions: CFIUS, outbound investment rules, and sanctions
US-China investment restrictions explained: CFIUS review, Reverse CFIUS outbound investment rules, entity lists, and compliance guidance for American investors.
Banking & Currency
Understanding CNY and CNH: onshore vs offshore renminbi
CNY vs CNH explained: the difference between onshore and offshore renminbi, what drives the spread, and how the dual currency system affects investors.
Funds & ETFs
Mutual funds for China exposure: active management and offshore strategies
China-focused mutual funds: active managers, Matthews China Fund, Goldman Sachs strategies, and UCITS options for European investors comparing funds vs ETFs.
Equities
QFII and RQFII: the institutional path to China's markets
QFII and RQFII programs explained: eligibility, application process, investment scope, and how the institutional route compares to Stock Connect for accessing China's markets.
Funds & ETFs
Bond Connect: accessing China's bond market from abroad
Bond Connect explained: how foreign investors access China's bond market, northbound and southbound trading, market structure, and practical guidance for fixed income allocation.
Real Estate
Buying property in Shanghai and Beijing: a city-specific guide
City-specific property guides for Shanghai and Beijing: current purchase restrictions, eligibility requirements, neighborhood selection, and the buying process in China's top two cities.
Banking & Currency
Wealth management products in China: understanding WMPs and the end of implicit guarantees
China's wealth management products explained: WMP structure, net asset value reform, risks, and whether foreign investors can participate in this RMB 30 trillion market.
Banking & Currency
Offshore wealth management: Hong Kong and Singapore for China asset allocation
Offshore wealth management for China exposure: Hong Kong and Singapore private banking, family offices, RMB products, and structuring strategies for HNW individuals.
Planning a trip to China first?
Start with the Travel pillar for visas, city guides, apps, and logistics.