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Hong Kong Stock Exchange · Industrials

Invest in Beijing Geekplus Technology stock from India

Indian and foreign residents can buy Beijing Geekplus Technology (2590) shares directly through Paasa.

By Paasa · Updated

Beijing Geekplus Technology at a glance

Price
HK$7.59-HK$0.03 (0.39%)
Market cap
HK$10.15B
Day range
HK$7.32 – HK$7.77
P/E
—
Dividend yield
None
Volume
2.77M
1 month
-25.30%
6 months
-59.19%
YTD
-65.31%
1 year
-73.54%
5 years
-57.12%

Live chart and statistics

Peer comparison

CompanyTickerPriceMarket cap
Kingboard Laminates1888.HKHK$52.25HK$164.66B
ASMPT0522.HKHK$164.20HK$68.86B
FIT Hon Teng6088.HKHK$5.18HK$36.83B
TravelSky Technology0696.HKHK$8.73HK$25.55B
Kingsoft Cloud3896.HKHK$5.06HK$22.72B
Cowell e1415.HKHK$22.76HK$19.80B
XD2400.HKHK$39.12HK$18.66B
Phancy6682.HKHK$27.48HK$13.74B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Beijing Geekplus Technology from India

  1. 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.

  2. 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.

  3. Step 3

    Search 2590 and buy

    Find Beijing Geekplus Technology by name or by its ticker, 2590, 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 Beijing Geekplus Technology from India

What Beijing Geekplus Technology does

Beijing Geekplus Technology Co., Ltd. offers artificial intelligence and robotics technology solutions for logistics. The company engages in sales of autonomous mobile robots (“AMR”) solution and providing Robotics-as-a-Service (“RaaS”) service. Beijing Geekplus Technology operates in the Industrial - Distribution industry within the Industrials 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 Beijing Geekplus Technology stock from India?

Yes. Indian residents and NRIs can buy Beijing Geekplus Technology (2590) shares directly through Paasa. Beijing Geekplus Technology is listed on the Hong Kong Stock Exchange, in the Industrial - Distribution 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 Beijing Geekplus Technology 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$7.59 a share, size the order by the lot, not by the share.

How are Beijing Geekplus Technology dividends taxed for Indian investors?

Beijing Geekplus Technology trades on the Hong Kong Stock Exchange but is domiciled in China, 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 Beijing Geekplus Technology 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.

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