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Hong Kong Stock Exchange · Industrials

Invest in Century Energy International stock from India

Indian and foreign residents can buy Century Energy International (8132) shares directly through Paasa.

By Paasa · Updated

Century Energy International at a glance

Price
HK$0.06+HK$0.00 (1.75%)
Market cap
HK$156.28M
Day range
HK$0.06 – HK$0.06
P/E
—
Dividend yield
None
Volume
100.00K
1 month
-18.31%
6 months
-32.56%
YTD
-27.50%
1 year
-32.56%
5 years
-86.19%

Live chart and statistics

How to invest in Century Energy International 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 8132 and buy

    Find Century Energy International by name or by its ticker, 8132, 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 Century Energy International from India

What Century Energy International does

Century Energy International Holdings Ltd. is an investment company, which engages in the trading of refined oil and chemicals business and power and data cords business. It operates through the Trading of Refined Oil & Chemical Business and Power, Data Cords & General Trading business segments. Century Energy International operates in the Electrical Equipment & Parts 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 Century Energy International stock from India?

Yes. Indian residents and NRIs can buy Century Energy International (8132) shares directly through Paasa. Century Energy International is listed on the Hong Kong Stock Exchange, in the Electrical Equipment & Parts 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 Century Energy International 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$0.06 a share, size the order by the lot, not by the share.

What tax do I pay in India when I sell Century Energy International 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.

Would my heirs owe estate tax on Century Energy International shares?

Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.

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