Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Gen Z Investors Opt For Global Stocks

Where do bright young Gen Z financial investors put their money?

Online stock brokerage Tiger Brokers, which has been operating in New Zealand since 2015, has analysed its 100,000+ Gen Z investors around the world and found their portfolios are made up of approximately:

  • 45% long-term stocks such as Apple, Boeing, and Carnival
  • 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore
  • 10% high volatility stocks, such as Afterpay, Kodak, and Vaccinex
  • 10% options, either call or put, into event trading strategy (e.g. annual report earnings vs forecast).

“Gen Z investors tend to create a globally diverse investment portfolio,” says Tiger Brokers New Zealand CEO Vincent Cheung, who heads a team of 40 people in Auckland.

Tiger Broker’s mobile and online trading platform, Tiger Trade, enables investors to trade in equities and other financial instruments on multiple exchanges around the world all in one integrated account.

Mr Cheung says Tiger Brokers research into its Gen Z investors – which represent 15% of the company’s 740,000+ customers worldwide – show they are balanced in their investment choices.

“Our figures show Gen Z investors have an 80:20 split between traditional stocks and real estate versus volatile stocks and options.

“If the market goes against the option investments, the investors will lose their option premium. However, if they are right, the potential return could be quite substantial.”

Mr Cheung said Gen Z investors love to use multiple technical tools on the Tiger Trade app to help with decision-making. The app offers real time stock quotes, multilingual customer service and 24/7 finance news updates. He said many Gen Z investors choose to use the margin account rather than the cash account, to expand their portfolio with borrowed funds – also known as margin financing.

Victor Zhu, who is studying finance at the University of Auckland, is one of hundreds of New Zealand Gen Z users of the Tiger Trade app.

Mr Zhu was attracted to engage and invest in the stock market by a competition hosted by Tiger Brokers. “In that competition I was able to apply the knowledge I learned from my course into the real market. It also allowed me to learn trading strategies from other competitors and discuss the daily political issues and economic impact on society. It gave me the confidence to start trading and learn about wealth management through the stock market.”

Mr Cheung said the average fund deposited in a Gen Z Tiger Brokers trading account was US$3,435.

The top 10 shares loved by Tiger Brokers Gen Z investors are:

1NIONioElectric vehicles
2BILIBilibiliVideo sharing website
5GSXGSX TecheduTech-driven education
6CCLCarnival CorporationLeisure travel
7AMDAdvanced Micro DevicesSemiconductors
10AALAmerican AirlinesAir travel

© Scoop Media

Business Headlines | Sci-Tech Headlines


Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>


Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>


Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Stats NZ: Annual Goods Trade Surplus At 28-Year High

New Zealand’s annual goods trade surplus reached a 28-year high of $2.2 billion as imports tumbled in the year ended October 2020, Stats NZ said today. “This is the largest annual surplus since the July 1992 year, driven mainly by much lower ... More>>

ComCom: How Real Is That Bargain?

The Commerce Commission urges retailers and consumers to think hard about the bargains being offered as ‘Black Friday’ and Christmas draw near. Black Friday has now overtaken Boxing Day in terms of retail spending, according to data from electronic ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>