If everyone wants to invest in US stocks in China in a proper, straightforward way, I have an evil-cultist method that is also very safe and reliable
1. Apply for the cheapest “shoddy” (unreputable) Singapore university. The tuition is about (70,000 to 80,000 RMB). It doesn’t have any real rankings—just click and you’ll be sent an offer.
2. About within a week after the semester starts, obtain a student pass STP+. Then go apply for a Singapore bank account—DBS, UOB, OCBC, HSBC, Standard Chartered. You’ll be able to deposit big money; these banks can still be used even after the student pass expires.
Then open a brokerage account—Tiger Brokers, ULCB/LongBridge, etc. You can open it freely with plenty of “room.” Usually, when registering new users, you can get a few hundred Singapore dollars for free.
If you need to invest in cryptocurrencies, opening Coinbase and transferring funds between Coinbase and your Singapore bank account is instant.
3. Transfer money from a bank in China to Singapore, with the reason being tuition and living expenses. It won’t get blocked—you can transfer it freely.
4. Two weeks to one month after the semester starts, apply to the school for withdrawal. Tuition should be refundable in most cases. Some schools require late payment; even if you haven’t paid tuition yet, they probably won’t refund the seat-holding fee.
5. Cancel the student pass STP, then return to China. Some banks or brokerages may ask you to update your documents to a passport; updating it is all that’s needed.
At this point, you’ll have a lot of overseas bank accounts and brokerage accounts—you can trade stocks however you want.
6. Plus, the Singapore Visa card is extremely convenient for subscribing to various AI services; Mainland China and Hong Kong cards don’t work.
Extra tip: bring a SIM card specialty from Singapore—one of the mobile phone cards issued by China Mobile or China Unicom in Singapore. It’s usually about 55 RMB for a package that includes 15 to 20 GB of very extensive roaming data, covering many countries in East Asia, Southeast Asia, Australia, and more. If you basically travel, you won’t even need to buy a roaming package—saving you a lot of money.
You can also use Singapore network services freely while you’re in China.
1. Apply for the cheapest “shoddy” (unreputable) Singapore university. The tuition is about (70,000 to 80,000 RMB). It doesn’t have any real rankings—just click and you’ll be sent an offer.
2. About within a week after the semester starts, obtain a student pass STP+. Then go apply for a Singapore bank account—DBS, UOB, OCBC, HSBC, Standard Chartered. You’ll be able to deposit big money; these banks can still be used even after the student pass expires.
Then open a brokerage account—Tiger Brokers, ULCB/LongBridge, etc. You can open it freely with plenty of “room.” Usually, when registering new users, you can get a few hundred Singapore dollars for free.
If you need to invest in cryptocurrencies, opening Coinbase and transferring funds between Coinbase and your Singapore bank account is instant.
3. Transfer money from a bank in China to Singapore, with the reason being tuition and living expenses. It won’t get blocked—you can transfer it freely.
4. Two weeks to one month after the semester starts, apply to the school for withdrawal. Tuition should be refundable in most cases. Some schools require late payment; even if you haven’t paid tuition yet, they probably won’t refund the seat-holding fee.
5. Cancel the student pass STP, then return to China. Some banks or brokerages may ask you to update your documents to a passport; updating it is all that’s needed.
At this point, you’ll have a lot of overseas bank accounts and brokerage accounts—you can trade stocks however you want.
6. Plus, the Singapore Visa card is extremely convenient for subscribing to various AI services; Mainland China and Hong Kong cards don’t work.
Extra tip: bring a SIM card specialty from Singapore—one of the mobile phone cards issued by China Mobile or China Unicom in Singapore. It’s usually about 55 RMB for a package that includes 15 to 20 GB of very extensive roaming data, covering many countries in East Asia, Southeast Asia, Australia, and more. If you basically travel, you won’t even need to buy a roaming package—saving you a lot of money.
You can also use Singapore network services freely while you’re in China.