China is the world’s second-largest economy and home to some of the biggest technology, e-commerce and financial companies globally. US investors can access Chinese stocks through ADRs on major exchanges, OTC markets or international brokerage accounts. But investing in Chinese stocks carries unique regulatory, geopolitical and structural risks that have intensified significantly since 2020.

What are Chinese stocks?

Chinese stocks originate from companies headquartered in or substantially controlled from China. There are multiple Chinese stock exchanges, including the Hong Kong Stock Exchange, the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Most Chinese companies listed on US exchanges are structured as Variable Interest Entities (VIEs). Under a VIE structure, US investors don’t directly own equity in the Chinese operating company. Instead, they own shares in a holding company (typically incorporated in the Cayman Islands) that has contractual arrangements with the Chinese business. This structure exists because Chinese law restricts foreign ownership of companies in certain sectors. It’s an important distinction because VIE contracts are not guaranteed by Chinese courts, and Chinese regulators have periodically questioned their legality.

How to buy Chinese stocks from the US

There are several ways for US investors to add Chinese stocks to their portfolios.

• US-listed shares. Many Chinese companies list directly on the NYSE or Nasdaq. You can buy, sell and hold these stocks with a standard domestic brokerage account the same way you would any US stock.
• American Depositary Receipts (ADRs). ADRs are certificates that represent shares of foreign stock and can be bought from domestic brokerage accounts, including those trading on OTC markets.
• ETFs. Exchange-traded funds that track Chinese stock indexes provide broad exposure to Chinese equities without picking individual stocks.
• International brokerage accounts. To purchase shares directly from the Hong Kong, Shanghai or Shenzhen exchanges, you’ll need a brokerage with international market access, such as Interactive Brokers or Moomoo.

Top pick for stock bonuses

Go to site

0588148b-2286-4b8f-9672-9c8cdafc0370-Get up to $3,000 in stock

Get up to $3,000 in stock

• Trade stocks, options, ETFs, mutual funds, alternative asset funds
• $0 commission on stocks, ETFs and options with no options contract fees
• Get up to $3,000 in stock when you open & fund a new Active Invest account. Valid until March 31, 2026.
• Access to a financial planner

Disclaimer

Probability of Member receiving $3,000 is a probability of 0.026%; If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Probability percentage is subject to decrease.

1% ACAT Match Offer: Valid 02/17/26–03/31/26. Max match $1M. Applies to new/existing SoFi self-directed IRAs. Full terms: http://sofi.com/acatiraterms.

Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions.

Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers

Top pick for beginners

Go to site

Finder Reward

Get $100 from Finder

Become a Finder member, open an eToro Account and deposit at least $200 into your account. Offer ends on March 31, 2026.
T&Cs and limits apply.

4c7aaf15-99b5-40b4-81d4-14f0bb2bd22c-

• Trade stocks, options and ETFs without commissions and no options contract fees
• Earn 3.9% annual interest on options balances
• Copy investors' portfolios with eToro's innovative CopyTrader
• Trade leading cryptocurrencies including BTC and ETH

Disclaimer

eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finder is not an affiliate and may be compensated if you access certain products or services offered by the BD.

Top pick for bank-integrated investing

Go to site

3c7aadfa-92fb-4af9-a08c-0888046c3bb7-Get up to $1,000

Get up to $1,000

• Trade stocks, ETFs, options, mutual funds, treasuries and more
• $0 commission on online stock and ETF trades
• Earn a cash bonus up to $1,000 when you open and fund a new account
• Get the best of both worlds on the Chase Mobile® app or chase.com

Disclaimer

INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

Types of Chinese shares

Chinese stocks come in several classes, each with different trading access.

• A-shares. Trade on the Shanghai and Shenzhen exchanges in Chinese yuan. Historically restricted to domestic Chinese investors, though foreign institutional investors can access them through the Qualified Foreign Institutional Investor (QFII) program and the Stock Connect programs linking Hong Kong with Shanghai and Shenzhen.
• H-shares. Shares of Chinese companies listed on the Hong Kong Stock Exchange. Open to international investors.
• N-shares. Shares of Chinese-origin companies listed on the NYSE, Nasdaq or NYSE American. These can be traded like any US stock.
• ADRs. Represent shares of Chinese companies and trade on US exchanges or OTC markets in US dollars.

Why invest in Chinese stocks?

China remains the world’s second-largest economy and the largest manufacturing and exporting nation. Despite a slowdown from its historical growth rates, several factors make Chinese stocks attractive to some investors.

• Scale and market depth. China’s economy generates roughly $18 trillion in annual GDP. The country is home to globally significant companies in e-commerce (Alibaba, JD.com, PDD Holdings), social media and gaming (Tencent, NetEase), electric vehicles (BYD, NIO, XPeng) and AI (Baidu, DeepSeek’s impact on sentiment).
• Valuations. After a severe selloff from 2021 to early 2024 driven by regulatory crackdowns and economic headwinds, many Chinese stocks trade at significant discounts to their US and European peers on a price-to-earnings basis.
• AI and tech momentum. The launch of DeepSeek’s AI model in January 2025 triggered a rally in Chinese tech stocks, renewing investor interest in the sector and highlighting China’s competitiveness in AI development.
• Diversification. Chinese stocks often move independently of US markets, offering portfolio diversification benefits. The correlation between Chinese and US equities has been relatively low compared to other developed markets.

Risks of investing in Chinese stocks

Chinese stocks carry risks that go well beyond normal market volatility. Several of these risks are unique to China and have materialized in significant ways since 2020.

• Regulatory crackdowns. Beginning in late 2020, Chinese authorities launched a sweeping crackdown on the technology, education, gaming and fintech sectors. Ant Group’s IPO was cancelled days before launch. Alibaba was fined $2.8 billion for anticompetitive practices. Didi was forced to delist from the NYSE. The education tutoring industry was effectively shut down. These actions wiped trillions of dollars from Chinese tech stocks and demonstrated the Chinese government’s willingness to intervene in private enterprise with little warning.
• VIE structure risk. Most US-listed Chinese companies use VIE structures that don’t give investors direct equity ownership. Chinese regulators have signaled tolerance for VIEs but have never formally endorsed them. A policy reversal could undermine the legal basis of US investors’ ownership claims.
• Delisting risk. The Holding Foreign Companies Accountable Act (HFCAA), signed into law in December 2020, requires that Chinese companies listed on US exchanges submit to PCAOB audit inspections or face delisting after two consecutive non-compliant years. In 2022, China allowed PCAOB inspections for the first time, and the PCAOB vacated its inability-to-inspect determination in December 2022. However, delisting concerns have resurfaced under the current Trump administration, with renewed political pressure and potential new executive actions targeting US-listed Chinese companies. At least 13 Chinese companies have voluntarily delisted from US exchanges since 2020, and the total market cap of US-listed Chinese companies has declined from $2.1 trillion to roughly $1.1 trillion as of March 2025.
• Economic headwinds. China’s economy has slowed considerably from its historical growth rates. Official GDP growth was reported at 5% in both 2024 and 2025, though independent analysts at Rhodium Group estimate actual growth was closer to 2.4-2.8% in 2024. The country faces a prolonged property crisis (with property investment falling 17.2% in 2025), deflationary pressures, high youth unemployment and weak consumer spending.
• US-China tensions and tariffs. The trade war has escalated under both the Biden and second Trump administrations. Tariffs on Chinese goods, export controls on semiconductors and restrictions on US investment in Chinese tech companies all create uncertainty for Chinese stocks.
• Opacity of financial reporting. Despite progress on PCAOB audit access, Chinese financial reporting standards and transparency differ from US norms. State influence on corporate governance, data restrictions and limited legal recourse for foreign shareholders add layers of risk.

The dual-listing trend

Since 2020, many major US-listed Chinese companies have obtained secondary or primary listings on the Hong Kong Stock Exchange as a hedge against potential US delisting. Companies that have completed Hong Kong listings include Alibaba, JD.com, Baidu, NetEase, Bilibili and others.

This trend matters for US investors because it provides a fallback. If a Chinese stock is delisted from a US exchange, investors who hold shares in a company with a Hong Kong listing may be able to convert their holdings to Hong Kong-listed shares, depending on their brokerage and the terms of the delisting. However, this process isn’t guaranteed to be seamless, and currency conversion and different trading hours add complexity.

Chinese stocks listed on US exchanges

Chinese companies listed on the NYSE and Nasdaq can be bought, sold and held with a standard domestic brokerage account. The number of US-listed Chinese stocks has declined from its peak as some companies have voluntarily delisted or gone private.

Over-the-counter (OTC) Chinese stocks

Many large Chinese companies, including some that were previously listed on US exchanges, trade as ADRs on OTC markets. ADRs can be purchased through any domestic brokerage account that offers access to OTC investments. Note that some Chinese companies were moved to OTC markets after being delisted from the NYSE due to executive orders targeting companies linked to China’s military.

What ETFs track Chinese stocks?

ETFs provide diversified exposure to Chinese equities without requiring you to pick individual stocks. Some of the most widely held China-focused ETFs include:

• iShares MSCI China ETF (MCHI). Broad exposure to large and mid-cap Chinese stocks across multiple exchanges.
• KraneShares CSI China Internet ETF (KWEB). Focused on Chinese internet and technology companies. One of the most popular China tech ETFs.
• SPDR S&P China ETF (GXC). Tracks the S&P China BMI Index, providing broad market-cap-weighted exposure.
• Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR). Provides direct access to China A-shares traded on the Shanghai and Shenzhen exchanges.

Compare trading platforms

Many Chinese stocks can be purchased from a domestic brokerage account. Narrow down your options by comparing features, fees and research tools.

{"userFilters":[{"componentType":"MULTI-SELECT CHECKBOX","options":{"comparator":"contains","includeAllSelection":false,"defaultMatcher":"ANY","values":["8.95-10","6.95-8.94999","4.95-6.94999","0-4.94999"],"fields":[{"label":"[[FINDER_SCORE_BADGE|9+]] Excellent: 9+","value":"8.95-10","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|7+]] Great: 7+","value":"6.95-8.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|5+]] Standard: 5+","value":"4.95-6.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|0+]] Basic: 0+","value":"0-4.94999","comparator":"range"}]},"dataSelector":{"recordType":"PRODUCT","fieldCode":"FINDER_SCORE.FINDER_SCORE"},"dataType":"NUMBER","label":"Finder Score","queryParameter":"finderScore"},{"config":{"MULTISELECT":true,"VALUES":"Brokerage,IRA,Education (529),Custodial,Other,Joint brokerage,Trust,Margin, Junior Roth IRA, Stock picking, Financial advisor,Kids investing,Alternative investing,Options,Market analysis,Self-directed IRA"},"dataSelector":{"recordType":"product","fieldCode":"DETAILS.ACCOUNT_TYPE"},"dataType":"TEXT","label":"Account type","order":null},{"config":{"MULTISELECT":true,"VALUES":"Stocks,Bonds,Options,Mutual funds,ETFs,Cryptocurrency,Real estate,Currencies,Gold\/Commodities,Art,CDs,Futures,Forex,Other,Alternatives,Savings,Investments,Retirement,Treasury Bills,Wine,Whiskey, Event contracts,Collectibles,Private credit, Venture capital,Annuities,Insurance, High-yield cash account, N\/A, Precious metals, Investment funds, Private equity, Tax liens\/deeds, Money market funds, Financial advisor marketplace"},"dataSelector":{"recordType":"product","fieldCode":"DETAILS.ASSET_TYPES"},"dataType":"TEXT","label":"Asset types","order":null},{"config":{"MULTISELECT":true,"VALUES":"Roth, Traditional, SEP, Spousal, Rollover, Beneficiary Traditional, Beneficiary Roth, Gold Traditional IRA, Gold Roth IRA, Custodial, SIMPLE, Self-directed, Inherited, Junior Roth IRA, Self-Directed IRA, Checkbook IRA, Solo 401(k), SEP IRA"},"dataSelector":{"recordType":"product","fieldCode":"DETAILS.IRA_ACCOUNT_TYPE"},"dataType":"TEXT","label":"Retirement account types","order":null},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"FEES.FEE_TRADE_STOCK"},"dataType":"MONEY","label":"Stock trade fee","order":null},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"REQUIREMENTS.MIN_DEPOSIT"},"dataType":"MONEY","label":"Minimum deposit to open","order":null},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"REQUIREMENTS.MIN_TREASURY_BILLS_DEPOSIT"},"dataType":"MONEY","label":"Minimum Treasury Bills investment","order":null},{"dataSelector":{"recordType":"UI_FILTER_COMPONENT","fieldCode":"SPECIAL_OFFERS"},"dataType":"BOOLEAN","label":"Special offers","componentType":"SpecialOffersFilter","config":{"VALUES":"1","fields":[{"value":"rewards_exclusive","label":"Finder Rewards & exclusives"},{"value":"all_offers","label":"All offers"}]},"options":{"comparator":"eq"}}],"niche":{"currencySymbol":"$","decimalPoint":".","decimalPlaces":"2","thousandsSeparator":",","filterBoundsMap":{"product.DETAILS.ACCOUNT_TYPE":null,"product.DETAILS.ASSET_TYPES":null,"product.DETAILS.IRA_ACCOUNT_TYPE":null,"product.FEES.FEE_TRADE_STOCK":{"minimum":"0","maximum":"4.95"},"product.REQUIREMENTS.MIN_DEPOSIT":{"minimum":"0","maximum":"1000000"},"product.REQUIREMENTS.MIN_TREASURY_BILLS_DEPOSIT":{"minimum":"100","maximum":"1000"}}},"prefilled":false,"experimental":false}

12 of 12 results

Finder Score	Available asset types	Stock trade fee	Minimum deposit	Cash sweep APY
Promoted Finder score 9 Excellent SoFi Active Invest	Finder score 9 Excellent	Stocks, Options, Mutual funds, ETFs, Alternatives	$0	$0	0.01%	Get up to $3,000 in stock when you open and fund a new account. T&Cs apply.	Trade stocks, ETFs, and options with zero commissions, invest in IPOs or automate your portfolio, with exclusive perks available through SoFi Plus.	Important information INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth's advisory operations, services, and fees is set forth in SoFi Wealth's current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $3,000 is a probability of 0.026%; If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Probability percentage is subject to decrease. Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions. 1% ACAT Match Offer: Valid 02/17/26–03/31/26. Max match $1M. Applies to new/existing SoFi self-directed IRAs. Full terms: http://sofi.com/acatiraterms. Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers	Go to site View details	loading
Finder Rewards ExclusivePromoted Finder score 8.2 Great eToro	Finder score 8.2 Great	Stocks, Options, ETFs, Cryptocurrency, Investments	$0	$0	3.25%	ENDS SOON! $100 VISA CARD SIGNUP BONUS 1 Join Finder 2 Sign up to eToro and make a $200 deposit 3 Get a digital Visa gift card from Finder Ends by. T&Cs and limits apply.	No commission stock, ETF and options trades, with 3.9% interest on your options account balance and no options contract fees. See full disclosure.	Important information eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finder is not an affiliate and may be compensated if you access certain products or services offered by the BD.	Go to site View details	loading
Promoted Finder score 8.4 Great J.P. Morgan Self-Directed Investing	Finder score 8.4 Great	Stocks, Bonds, Options, Mutual funds, ETFs, Treasury Bills	$0	$0	0.01%	NEW! Get a cash bonus up to $1,000 when you open and fund a J.P. Morgan Self-Directed Investing account. T&Cs apply.	Get $0 commission online trades.	Important information INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE	Go to site View details	loading
Finder score 7.8 Great Kraken	Finder score 7.8 Great	Stocks, ETFs, Cryptocurrency, Forex	$0	$0	N/A	Up to 2% bonus on stock transfers until January 31, 2026. See full terms and conditions here. ⠀	Important information Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive Inc., (NMLS ID:1843762) a FINCEN registered money services business, not a member of FINRA/SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures. *Other fees may apply.	Go to site View details	loading
Finder score 9.4 Excellent Webull	Finder score 9.4 Excellent	Stocks, Bonds, Options, ETFs, Futures, Money market funds	$0	$0	3.35%	Deposit or transfer $100,000+ to earn a 4% Match Bonus, or $2,000+ to earn a 3% Match Bonus. Plus: Get a $100 transfer fee reimbursement on your first brokerage transfer of $2,000 or more. T&Cs apply.	Trade stocks, ETFs and equity options commission-free, with access to futures, advanced charting tools, a robo-advisor and event trading powered by Kalshi.	Go to site View details	loading
Finder score 9.4 Excellent Robinhood	Finder score 9.4 Excellent	Stocks, Options, ETFs, Cryptocurrency, Futures, Event contracts, High-yield cash account	$0	$0	3.35%	Get a free stock when you successfully sign up and link your bank account. T&Cs apply.	Trade stocks, options, crypto and more, with advanced trading tools, fractional shares and exclusive perks for Gold members.	Go to site View details	loading
Finder score 8.2 Great Zacks Trade	Finder score 8.2 Great	Stocks, Bonds, Options, Mutual funds, ETFs, CDs	$0.01	$250	2.83%	Leverage powerful trading tools and low margin rates to trade stocks, options, ETFs, mutual funds and bonds.	Go to site View details	loading
Finder score 9 Excellent Public.com	Finder score 9 Excellent	Stocks, Bonds, Options, ETFs, Cryptocurrency, Treasury Bills, High-yield cash account	$0	$0	3.3%	Earn a 1% match when you transfer your portfolio to Public. T&Cs apply.	Build a diversified portfolio of stocks, bonds, options, ETFs and crypto, with a high-yield cash account and options contract rebates.	Important information *Yield as of 04/09/2025. Learn more.	Go to site View details	loading
Finder score 8 Great Acorns	Finder score 8 Great	Stocks, ETFs	$0	$0	N/A	Get a $20 bonus when you set up an account and make your first recurring investment (min. $5). T&Cs apply.	Automate investing with recurring contributions starting at $5 and invest spare change from everyday purchases.	Go to site View details	loading
Finder score 7.4 Great Stash	Finder score 7.4 Great	Stocks, ETFs	$0	$0	0.1%	Get $5 when you sign up and deposit $5. T&Cs apply.	Bank, automate your portfolio or invest in individual stocks and ETFs for as low as $3 per month.	Important information Investment advisory services offered by Stash Investment LLC, a SEC registered investment advisor. Investing involves risk and investments may lose value. Holdings and performance are hypothetical. *Offer is subject to T&Cs	Go to site View details	loading
Finder score 9 Excellent Wealthfront	Finder score 9 Excellent	Stocks, ETFs, High-yield cash account	$0	$500	3.30%	Get a $50 bonus when you sign up and fund a taxable automated investing account with at least $500. T&Cs apply.	Automate your stock and bond portfolio or trade individual stocks for as little as $1 apiece. Plus, earn 3.50% APY on your cash.	Go to site View details	loading
Finder score 8.2 Great M1 Finance	Finder score 8.2 Great	Stocks, ETFs, Cryptocurrency	$0	$100	4.00%	Build a custom portfolio of stocks and ETFs with automatic rebalancing. Plus, earn 4.00% APY with a high-yield cash account.	Important information M1 Finance, LLC does not charge commission, trading, or management fees for self-directed brokerage accounts. You may still be charged other fees such as M1’s platform fee, regulatory fees, account closure fees, or ADR fees. For a complete list of fees M1 may charge visit M1 Fee Schedule. M1 is not a bank. M1 Spend is a wholly-owned operating subsidiary of M1 Holdings Inc.. M1 High –Yield Savings Accounts are furnished by B2 Bank, NA, Member FDIC. Obtaining stated APY (annual percentage yield) with the M1 High-Yield Savings Account does not require a minimum account balance. Stated APY is accrued on account balance. APY is solely determined by M1 Spend LLC and its partner banks, and will include account fees that will reduce earnings. Rates are subject to change without notice. M1 High-Yield Savings Account is a separate offering from, and not linked to, the M1 High-Yield Cash Account offered by M1 Finance, LLC. M1 is not a bank.	View details	loading

loading

Load More

Showing 12 of 12 results

What is the Finder Score?

The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.

We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.

Read the full Finder Score breakdown

Bottom line

Chinese stocks offer access to one of the world’s largest economies and some globally significant technology and consumer companies. But investing in Chinese equities carries risks that are fundamentally different from investing in US stocks, including regulatory intervention, VIE structure uncertainty, delisting threats and geopolitical tensions.

Investors who are comfortable with these risks may find opportunities in a market that trades at discounted valuations relative to the US. Those who prefer less direct exposure can consider China-focused ETFs. In either case, confirm that your brokerage supports the markets where your target Chinese stocks are listed before you invest.

Before you open an account, explore available trading platforms by fees and available markets to find the broker that best fits your goals.

• Do Chinese stocks pay dividends?

  Yes. Several major Chinese companies pay dividends to US shareholders, including Tencent, NetEase, JD.com, PDD Holdings and ZTO Express. Dividend yields vary, and payments may be subject to Chinese withholding tax (typically 10%) before reaching US investors. Check with your brokerage for details on tax treatment.

• What happens to my Chinese stocks if they're delisted from US exchanges?

  You retain your ownership stake in the company, but your options become more limited. Companies delisted from major exchanges are typically moved to OTC markets, where trading may be less liquid. If the company has a dual listing in Hong Kong, you may be able to convert your shares, depending on your brokerage. In some cases, companies going private may make a buyout offer to US shareholders, though the price may be at a discount. The specific outcome depends on the terms of the delisting and whether the company has alternative listings.

• What is a VIE structure and why does it matter?

  A Variable Interest Entity (VIE) is a corporate structure used by most Chinese companies listed on US exchanges. Because Chinese law restricts foreign ownership in sectors like technology and media, US investors don't directly own equity in the Chinese operating company. Instead, they own shares in an offshore holding company (usually in the Cayman Islands) that has contractual agreements with the Chinese entity. This means your investment depends on the enforceability of contracts under Chinese law, which introduces a layer of legal risk not present with US stocks.

• Is the HFCAA still a risk for Chinese stocks?

  The immediate threat has eased. In December 2022, the PCAOB confirmed it was able to inspect Chinese auditors for the first time, and vacated its prior inability-to-inspect determination. Currently no issuers are at risk of trading prohibitions under the HFCAA. However, the PCAOB must continue to have access to inspect Chinese auditors going forward. If China reverses course, the two-year delisting clock would restart. Political pressure to delist Chinese companies from US exchanges has also resurfaced under the current administration through potential executive action.

• What caused Chinese tech stocks to crash in 2021-2022?

  Chinese authorities launched a broad regulatory crackdown targeting technology, fintech, e-commerce, gaming and education companies. High-profile actions included the cancellation of Ant Group's IPO, a $2.8 billion antitrust fine against Alibaba, the forced delisting of Didi from the NYSE and the effective shutdown of the for-profit tutoring industry. Combined with concerns about the HFCAA and a slowing Chinese economy, these actions drove Chinese tech stocks down dramatically. Many stocks lost 60-80% of their value from their 2021 peaks.

Written by

Shannon Terrell

Editor

Shannon Terrell is a lead writer and spokesperson at NerdWallet and a former editor at Finder, specializing in personal finance. Her writing and analysis on investing and banking has been featured in Bloomberg, Global News, Yahoo Finance, GoBankingRates and Black Enterprise. She holds a bachelor’s degree in communications and English literature from the University of Toronto Mississauga. See full bio

's expertise

has written 73 Finder guides across topics including:

• Share trading
• Robo-advisors
• Merchant services