 Hi guys Chloe here and in this video I'm going to show you how can you actually use interactive broker to immediately invest in the China market as well as the Hong Kong options market and the reason why we are talking about this is because recently there is a lot of you know like news revolving China regulation your attention between US and China as well and as a result the stock price of China has actually calmed down quite a bit and that is why really this is really a good time for you to looking into some of the best businesses in the Hong Kong market that you can really choose to invest in the long term. Now let's go into interactive broker and see how can we actually buy or sell China stocks on top of that how can we actually use options to make some money as well and the brokerage that you're going to definitely use in order to invest in the Hong Kong market will be interactively broker all right the beauty of it is you can really invest in a diversified international market including Hong Kong as well. So I'm going to use Alibaba as an example because we all know Alibaba is a great business and on top of that the stock price has really followed to such a good level that you can really really consider looking at it all right. So right now the first thing I want to do is I want to buy Alibaba stocks so what you need to do is under order entry you key in a ticker sample which is in Hong Kong market okay it's 9988 so I'm going to demonstrate to you again 9988 and if you are using a MacBook you just click the return button or if you are using Windows you just click that enter button all right just click once on your on your keyboard and right now a small window will pop up you make sure you need to click stock because right now you are going to buy stock so once you click that this will pop up you just click the buy button and this is where you can actually buy minimally 100 shares of Alibaba at 183.9 Hong Kong dollar today so the reason why in terms of investing in Hong Kong you do really need more capital because minimally to invest in Hong Kong depending on the companies it will be like 100 shares or even more so in this case Alibaba it requires 100 shares for you to actually start investing so what you can do is right now under this price 183.9 it looks very decent all you do is click the submit button and this is the amount that you will be paying all right to get 100 shares of Alibaba 9988 all right in total it's 18,000 Hong Kong dollar and of course there will be certain commission charged by IDIB and it's actually very very cheap it's one of the most affordable platform that you can actually find so that's why I highly recommend you to open an interactive broker if you do want to invest in Hong Kong market and it only takes like two to three days to open it's very fast and that's why once you're happy with that you just click the transmit button all right so right now you can see that under the order it's still QA okay so once it's filled then this blue everything will disappear to become gray okay but right now because the market is still pending to see whether there's any seller that wants to sell to us at 183.9 I'm just gonna leave it be let it be and I'm just gonna wait and demonstrate to you all right let's say if you already have stocks and you do sell away your position all right and in my portfolio right now you can see that I do have 100 shares of Alibaba and that's why let's say I do want to say that hey this is a stock right now I'm pretty happy with the profits and everything and you do want to consider selling away your position all you need to do is under portfolio you just right click once all right and can you see that over here there is this close or this sell button actually the same thing you just click close that means you are basically closing the positions all right closing the positions for your trade and in this case you open with 500 shares now you close it by selling it back 100 shares to the market all right so if you are okay with this price okay then you just click the submit button and this is where you're going to sell off your 100 shares inside your portfolio all right and this is the amount that you will be getting back once you sold off your 100 shares of Alibaba all right and you just click the transmit button all right all you do is do that and you will be able to sell away your 100 shares of Alibaba in this case so right now this is also under a queuing order and let's see how it goes all right if any time that you want to cancel your order before the transaction happens actually just scroll to the right and you can cancel it all right now let's say I cancel it there won't be any transaction fee incurred right that's the beauty of it now let me demonstrate to you all right if you choose to actually do options on Baba because Hong Kong is actually a stock market where you can actually do options as well and it's a very very brilliant way of actually collecting additional income all right so what I can do is under 998 again I key once again and I click the enter button and right now instead of choosing stock you should choose options instead all right and this is where you click options and you can actually do very very powerful and basic simple yet powerful option strategy called BOSS all right if you want to find out more about this we're actually we will talk about it much more in detail okay how to find a great business to invest in how to know whether it's a right price to buy what kind of additional option strategy that you may even consider all right in our upcoming free webinar do remember to register for that if you want to learn to do it step by step right now let me continue the navigation let's say I want to do a BOSS strategy for 17 days and this is where you can do okay over here like 17 30th of August will be the expiration date and I'm choosing 70 days all right and in this case I do want to do BOSS all I need to do is go to the put column and I want to just click 182.5 because this is indeed the stock price that I want to buy anyway it's such a fair price right so once I click that remember as a BOSS option strategy we want to become a seller all right we sell because we will get to collect income so in this case by doing this basic BOSS option powerful strategy you are immediately collecting okay how much are you collecting all right you actually get to collect okay $2,000 over dollars inside your brokerage account just like that all right so of course there's certain commission but in overall you are still making $2,000 over dollars of passive income HKD just by doing a BOSS option strategy in two weeks time yeah so until expiration date about 30 of August so it's in two weeks time you collected about $2,000 Hong Kong dollar completely like it's as a passive income so if you're happy with that just override and transmit because you really don't mind buying Alibaba at the price that you want to buy which is that you promise right and right now it's already transacted and that's why it's already into your account right so this is a very very simple and powerful option strategy that I think anybody can learn to generate passive income for yourself for your family as well so if you do want to learn more about it and you really want to tap into the wisdom exactly how can you use the buffer way of investing all right so really make sure just join our upcoming free webinar where we share me with you step by step I will see you there