[KCay]

I apologize, I have several questions and I thought this would be the best place to post. Thank you in advance for your answers. My current situation is that I am a HK citizen though I've lived in the U.S. for about six years now. I will be moving back to Hong Kong within the next two months and I'm trying to sort out my brokerage accounts here.

1. Which online broker do you recommend for trading: U.S. stocks / Indian stocks / Chinese stocks / HK IPOs simultaneously? I like the U.S. platforms such as Etrade, fidelity, td ameritrade and schwab but I am also concerned about wiring money back and forth and having to incur additional charges in that respect. I'd also like to link my checking account to my brokerage account and I'm looking for an online broker that offers plenty of research advice (Fidelity and ameritrade are good in this regard) but yet allows me to earn interest on idle cash and provides good customer service. I know it’s a little bit of far fetched idealism but that would be the ideal broker. Boom.com seems pretty comprehensive but I'd prefer to go with a platform like fidelity or etrade which seem more user friendly or tradeking with lower commission charges. Any thoughts on this would be appreciated.

2. Does HK offer some sort of retirement plan (like a 401-K / traditional IRA / Roth IRA) like the U.S. does?
I understand taxes in HK are low and capital gains taxes are zero. Do you think that this therefore just eliminates the need to invest in a retirement account?

3. What about mutual funds investing? I understand a lot of US mutual funds are not registered outside of the US so investing in US mutual funds becomes problematic. Are there any good sources for investing in HK / China based mutual funds?

4. Are there any investment clubs in HK which meet on a regular basis to discuss stock picks, market movements etc..?

Also, I've read several posts on this site that seem to say its not appropriate to ask for investment advice without stating your risk profile etc..so here it is I'm 24, and I would consider my risk profile quite risky given my age. I'm willing to spend plenty of time doing my research and homework and I guess my tax situation would be that I will be taxed as a HK citizen. I have a long term investment horizon (5 years or more) though I may trade in an out yearly depending on market conditions (I know that’s not a good long term investor, but I'm new to this as well)

That covers it, thanks!

[Oldtimer]

I presume you have a green card.
If so, then you have to file your tax returns in both USA & HK.
Any profits earned in HK will be taxed in USA.