Hong Kong Stock Exchange · Consumer Defensive
Invest in AustAsia stock from India
Indian and foreign residents can buy AustAsia (2425) shares directly through Paasa.
By Paasa · Updated
AustAsia at a glance
- Price
- HK$1.75+HK$0.03 (1.45%)
- Market cap
- HK$1.72B
- Day range
- HK$1.75 – HK$1.75
- P/E
- —
- Dividend yield
- None
- Volume
- 78.00K
- 1 month
- +1.16%
- 6 months
- -18.98%
- YTD
- -16.67%
- 1 year
- -4.37%
- 5 years
- -72.53%
How to invest in AustAsia 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 2425 and buy
Find AustAsia by name or by its ticker, 2425, 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 AustAsia from India
What AustAsia does
AustAsia Group Ltd. produces and sells raw milk, beef cattle, and feed products in Mainland China. It operates through three segments: Raw Milk, Beef Cattle, and Ancillary. AustAsia operates in the Agricultural Farm Products industry within the Consumer Defensive sector.
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 AustAsia stock from India?
Yes. Indian residents and NRIs can buy AustAsia (2425) shares directly through Paasa. AustAsia is listed on the Hong Kong Stock Exchange, in the Agricultural Farm Products industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full AustAsia share?
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$1.75 a share, size the order by the lot, not by the share.
How are AustAsia dividends taxed for Indian investors?
AustAsia trades on the Hong Kong Stock Exchange but is domiciled in Singapore, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell AustAsia shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares 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.