"Bonjour, thank you for the Sentiment Review David, very helpful.

"Buying on Foreign Exchanges - Pro's & Con's. I'm considering buying a large cap Chinese stock listed on both the Hong Kong and NYSE. Noticing that you purchased a China Mobile position for your long term portfolio on the Hong Kong exchange, I have been wondering...the HKD tax makes the purchase slightly more expensive, both exchanges have good liquidity and the price is continually adjusted for exchange rate fluctuations, is there an advantage that I'm unaware of?

"I appreciate that your position is intended to be long term, but I normally choose the most economical exchange with ample liquidity, that opens whilst I'm awake."

David Fuller's view Assuming that there is no liquidity issue, these are usually minor details. If you can save yourself a foreign exchange transaction and if there are no exclusions, your strategy makes sense to me.