Hong Kong Stock Exchange · Financial Services
Invest in JF SmartInvest stock from India
Indian and foreign residents can buy JF SmartInvest (9636) shares directly through Paasa.
By Paasa · Updated
JF SmartInvest at a glance
- Price
- HK$28.48-HK$0.32 (1.11%)
- Market cap
- HK$13.34B
- Day range
- HK$28.42 – HK$29.36
- P/E
- —
- Dividend yield
- —
- Volume
- 1.29M
- 1 month
- -0.14%
- 6 months
- -7.53%
- YTD
- -41.88%
- 1 year
- -60.96%
- 5 years
- +66.16%
How to invest in JF SmartInvest 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 9636 and buy
Find JF SmartInvest by name or by its ticker, 9636, 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 JF SmartInvest from India
What JF SmartInvest does
JF SmartInvest Holdings Ltd, an investment holding company, through its subsidiaries, provides online investment decision-making solution services in the People’s Republic of China. The company provides financial software sales and services, including market data processing, data analysis, investment decision making support, cloud chart viewing, prerecorded online investor education courses, livestreaming broadcasts, express market reviews, and indicator analysis tools, as well as various online high-end premium services. JF SmartInvest operates in the Asset Management industry within the Financial Services 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 JF SmartInvest stock from India?
Yes. Indian residents and NRIs can buy JF SmartInvest (9636) shares directly through Paasa. JF SmartInvest is listed on the Hong Kong Stock Exchange, in the Asset Management 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 JF SmartInvest 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$28.48 a share, size the order by the lot, not by the share.
How are JF SmartInvest dividends taxed for Indian investors?
JF SmartInvest 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 JF SmartInvest 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.