Buy Verizon shares in Hong Kong
Investing via the Internet is a promising area that will become more interesting and sought-after with each passing year. And more and more people, in addition to spending time on the Internet playing games, watching movies and hanging out on social networks, are beginning to look for opportunities to earn and invest in order to provide a good source of passive income. Everyone can and should learn how to manage and grow their money.
Let's look at why Verizon is one of the most profitable companies today and why you should consider buying Verizon shares in Hong Kong.
A brief overview of the company
Verizon Communications was founded relatively recently, in 2000, following the merger of Bell Atlantic and the largest independent telephone service provider in the US, GTE. The company is headquartered in Manhattan, New York and incorporated in Delaware.
But the history of the company begins with the Bell Telephone Company (Bell Telephone Company), founded in 1877. Since 1899, it became known as AT&T and for a long time held a monopoly on telephone services in the United States.
Verizon is now a major player in the US telecommunications industry. The giant has a large customer base even outside the country.
Verizon was the first major company to use wireless technology to connect customers to the rest of the world. The company has been making a name for itself in the telecommunications industry for many years and has earned a reputation as a giant willing to go to market with its innovative products. Verizon's shareholders have also contributed significantly to the company's success.
Verizon offers two types of data services: Verizon FiOS and Verizon Business. The company has a distinct advantage over its competitors, mainly because it offers a range of services over its FiOS fibre network that are highly attractive to consumers.
The main draw of Verizon FiOS is the FiOS service, which was originally grounded for Apple products.
Lucky users of Apple products, who have switched on their television from Verizon, not only have the opportunity to watch pay TV on their gadgets, but they can also choose their own content. To do this, a special application of the same name (FiOS) is simply installed and a list of TV programmes of interest is defined.
Verizon has created its own software that allows subscribers to connect to the company's services wirelessly, without the need for a computer or other device. Verizon has developed a fibre-optic technology called Verizon Triple Play that helps make data and voice communications more reliable. VoIP technology allows users to send and receive emails and make calls with clarity and efficiency.
Verizon's new digital services are another important reason for the company's strong revenues. Verizon's digital services include Verizon Advanced Packages (VA) and Verizon Advanced Network Services (AWS). Both offer Verizon customers the opportunity to enjoy advanced telecommunications technology at very affordable prices. Verizon acquired Alltel in 2009, AOL in 2015, Yahoo in 2017 and a number of smaller companies. Verizon bought out its joint venture partner Vodafone in 2014. On 1 October 2018, Verizon announced the launch of the world's first commercial fifth-generation (5G) network. The company assures that by 2035, 5G will bring $12.3 trillion to the global economy and provide 22 million jobs worldwide. Today, the company has a market capitalization of around $228 billion and annual revenues of $128.3 billion in 2020.
The combination of Verizon's huge network, which covers about 300 million people and 98% of the US, and modern technology has made it the most in-demand provider of this type of service in the country.
This combination has enabled Verizon to grow its revenue every year since its inception. The company provides services in more than 150 countries - in North and South America, Africa, the Middle East, Europe and Asia Pacific. Because the company has a long history, a stable and sustainable business model and better financial performance than its competitors, it inspires confidence in potential investors in Hong Kong and around the world.
How to invest in Verizon shares in Hong Kong?
You may have read about the huge potential that Verizon could realize if it decides to get into the telecoms business in China. If you are thinking about how to invest in Verizon stock in Hong Kong, you can read our article, so don't miss out on this opportunity.
Verizon's shares are a great way to make money in the stock market. Verizon has shown steady growth over the past decade. The company's earnings per share have grown by almost 9% annually, which is an impressive result.
Verizon Communications shares began trading on the New York Stock Exchange (NYSE) following the merger of Bell Atlantic and GTE, with the ticker VZ appearing on July 3, 2000. Trading on the NASDAQ exchange under the same ticker began on March 10, 2010. At the time of writing, a Verizon share was worth $56.09.
There are many ways to invest in shares of a company like Verizon, and you can use certain strategies to maximize your returns.
So, how to invest in Verizon shares in Hong Kong?
To make it easier for you, make your investment plan and determine the goals you want to achieve. Find a reliable, well-established online broker. You can check how reliable a broker is with a rating and reviews by real investors, for example. Look at the number of registered and active clients. If you are happy with everything, then feel free to sign up for their platform.
Familiarize yourself with the fundamental analysis if your plans include to hold Verizon stock over the long term. It includes a detailed analysis of information about the company's current position and prospects. This analysis is the main tool for any investor. After all, it assesses the fundamentals of any business. You should realize that the growth of a business is the growth of its value, which in turn is reflected in the growth of its share price. Read what the company publishes about itself, follow its financial statements, preferably over a long period of time, say the last 3-5 years.
You can buy Verizon shares either on your own or include it in your investment portfolio.
If you want to build your portfolio wisely, fundamental analysis can help you here as well. Choose stocks of companies that show a stable financial and economic situation and high growth potential. The spreading of capital across different companies, assets and sectors greatly reduces risk. If one stock declines, others will compensate with their own growth.
If you are not a long-term investor, but prefer to make a short-term profit, then short-term investing will suit you. In this case, you need to study technical analysis. This will include the study of charts, indicators, etc. By using technical analysis, you can keep an eye on a few liquid securities.
You can buy shares and wait for the dividends, but nowadays, CFD trading is particularly popular with traders. A CFD (Contract for Difference) is a contract between two parties who agree to pay the difference between the opening and closing price of a particular asset. It is essentially a way of speculating on price movements without the investor owning an actual asset.
As an investment instrument, CFDs are becoming increasingly popular because of their availability. You can buy and sell the whole contract at any convenient time, and this is certainly its advantage. This financial instrument is ideal for investors with small capital to enter the market.
CFD trading also involves the use of leverage. It is a brokerage service which gives you several times your own funds.
Using leverage allows a trader to make large profits. Knowing the best ways to invest in Verizon shares in Hong Kong gives you the opportunity to benefit from the growing demand for telecommunications technology in the country. Investing in Verizon shares is easy, especially if you use the services of an online broker. The broker provides you as a client with all the tools you need to be comfortable in the financial markets.
How to buy Verizon shares in Hong Kong?
The easiest and most convenient way to buy Verizon shares in Hong Kong would be to use the online platform.
But to do so, first register on it. It shouldn't be a hassle for you, and it should only take a few minutes. The next step would be to fund a real account and then buy shares. But before that, you will have the opportunity to take demo account training. A demo account will give you the opportunity to learn how to trade shares without having to use your own money.
Registering on the platform is easy and does not require any technical knowledge. It is no more complicated than registering on a social network.
With a demo account you will get invaluable experience, get to know the trading terminal and learn all the ins and outs of trading.
Learn to develop and test your own or existing trading strategies, as well as use technical analysis tools and computer indicators. You will understand how experienced investors work and learn the terminology used by professionals. This will be a very rewarding experience for you. You will develop an understanding of how to buy Verizon shares in Hong Kong.
When you feel ready to trade for real, open a real account. To do this, make a deposit based on the minimum amount set on the platform. This is a small amount of money, usually just a few dollars. You simply click on the "Deposit" option, after which you will be redirected to a payment page, where you will fund your account using the payment systems specified on the platform.
Funds are usually credited very quickly, but there are times when this procedure takes a few working days. You can withdraw funds using the same payment systems you used to fund your account.
How to avoid or minimize risks when investing?
Risks are not a reason to refrain from investing, correct assessment of the risks can reduce the likelihood of their occurrence.
When investing in stocks, it is important to recognise that a number of factors, ranging from the global economy and political situation to a company's financial performance, influence share prices. Always stick to your chosen strategy. Invest only in instruments you understand and diversify your investments. Do not rush to invest a large amount at once, start with a small amount, carefully research the company in which you want to invest money.
Choose a reliable online platform, it should be user-friendly and easy to use, which is important for first-time investors. Technical support on modern platforms is available 24 hours a day, 7 days a week to assist you.
Do not pass up the opportunity to check out a demo account, study special literature or publications on the subject of investing, and so on. The modern online platform is ready to provide you with free video tutorials, chatting with other participants, you will be able to access information on stocks and see price charts. You will also be able to follow the latest news about the company in which you are investing, etc.
We hope that our tips will help you.