[Vrindavan]

Looking for very low risk short term investment options in Hong Kong

similar to or slightly higher than bank deposit's risk

1 month term
3 month term
6 month term

what are the options ?

thanks for suggestion

[PDLM]

For those time frames and low risk then I don't think you will do much better than bank time deposits (for longer timeframes I might suggest USD corporate bonds, some of which have annualised yields to maturity of about 4.7%).

Up from that I would say simply move the cash into RMB and then a 6 month time deposit. All the current political faffing about notwithstanding, that should be good for an annual equivalent of 8-10%.

Anything else is going to involve significant currency risk (e.g. NZD deposits) or be subject to the vagaries of the markets (which continue to be very volatile).

[whong]

Vrindavan: difficult to find as some major players probably parked their cash or short term equivalent. Plus inflation around 5% (including foods and energy)... at best your investment rate would around 2.5 to 3% if you are lucky.

at the moment, I would recommend EUROs, RMBs, and some high quality bonds. dont go for bonds funds or high yield bonds, you could be buying those exotics products. agreed w/ PDLM, I am NOT in favor of NZ and Aus dollars because they are just too volatile.

US rate hike could be looming in Q3/Q4... HKD deposit rate should be upward soon! again, that's another million dollar question.