i just got off phone with etrade....
...although the website offers a "global trading account" to trade stocks with 6 different countries (HK being one of them), I can not do this until later next year.
so....any other ideas on how to buy stocks on HK market as an american living in HK?
for HK IPOs you would well with a local stock account. you can get a hsbc/citi/stanchart trading account easy if you're US resident here. IPO services like leveraged finance available (and in strong demand....) plus e-applications. E-trade may offer that i dont know.