Hong Kong Stock Exchange · ETF
Invest in 2809 ETF from India
Indian and foreign residents can buy Global X China Clean Energy ETF * (2809) units directly through Paasa.
By Paasa · Updated
2809 at a glance
- Price
- HK$94.24+HK$0.38 (0.40%)
- Expense ratio
- 0.68%
- Day range
- HK$94.24 – HK$94.26
- Assets
- HK$405.8M
- Domicile
- Hong Kong
- Holdings
- 35
- Launched
- 2020
- Dividends
- —
- 1 month
- -6.51%
- 6 months
- -19.80%
- YTD
- -6.88%
- 1 year
- -3.24%
- 5 years
- -38.00%
Price change, excluding dividends.
Top 10 holdings
- 1CHINA YANGTZE POWER600900.SS10.2%
- 2SUNGROW POWER SUPPLY CO LT300274.SZ7.4%
- 3LONGI GREEN ENERGY TECHNOL601012.SS6.1%
- 4ZHEJIANG JINGSHENG MECHANI300316.SZ5.9%
- 5NARI TECHNOLOGY600406.SS5.7%
- 6CHINA XD ELECTRIC601179.SS5.7%
- 7GOLDWIND SCIENCE & TECHNOL002202.SZ4.4%
- 8NINGBO DEYE TECHNOLOGY COR605117.SS3.8%
- 9TCL ZHONGHUAN RENEWABLE EN002129.SZ3.5%
- 10CHINA THREE GORGES RENEWAB600905.SS3.0%
2809 holds 35 securities in total. These 10 are 55.6% of the fund.
Where the money is invested
Sectors
- Industrials53.5%
- Utilities22.4%
- Technology16.7%
- Energy5.8%
Countries
- China69.4%
- Other28.6%
- Hong Kong2.0%
How to invest in 2809 from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 2809 and buy
Find the fund by its ticker, 2809, on the Hong Kong Stock Exchange, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in 2809 from India
What 2809 holds
Functioning as a passive ETF, this fund's goal is to mirror the financial outcomes of the Solactive China Clean Energy Index NTR (the Index). This mirroring occurs before any deductions for fees and expenses are made.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy 2809 from India?
Yes. Indian residents can buy Global X China Clean Energy ETF * (2809) through Paasa. It is listed on the Hong Kong Stock Exchange and trades in HKD. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does 2809 invest in?
Global X China Clean Energy ETF * holds 35 securities. Its largest holdings are CHINA YANGTZE POWER (10.2%), SUNGROW POWER SUPPLY CO LT (7.4%) and LONGI GREEN ENERGY TECHNOL (6.1%). Industrials is its largest sector at 53.5%. The fund is domiciled in Hong Kong.
What is the expense ratio of 2809?
Global X China Clean Energy ETF * has an expense ratio of 0.68% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$405.8M.
What tax do I pay in India when I sell 2809?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a single 2809 unit?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$94.24 a unit, size the order by the lot.