Hong Kong Stock Exchange · Industrials
Invest in Logory Logistics Technology stock from India
Indian and foreign residents can buy Logory Logistics Technology (2482) shares directly through Paasa.
By Paasa · Updated
Logory Logistics Technology at a glance
- Price
- HK$0.27+HK$0.02 (5.88%)
- Market cap
- HK$142.41M
- Day range
- HK$0.27 – HK$0.27
- P/E
- —
- Dividend yield
- None
- Volume
- 87.00K
- 1 month
- -15.63%
- 6 months
- -50.91%
- YTD
- -63.51%
- 1 year
- -70.65%
- 5 years
- -90.49%
How to invest in Logory Logistics Technology 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 2482 and buy
Find Logory Logistics Technology by name or by its ticker, 2482, 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 Logory Logistics Technology from India
What Logory Logistics Technology does
Logory Logistics Technology Co., Ltd. provides road freight transportation services and solutions to logistics companies, cargo owners, truckers, freight brokers, and other related service providers in China. It operates a digital freight platform that provides digital transportation resources management, digital transportation process management, and digital financial settlement management for logistics companies. Logory Logistics Technology operates in the Integrated Freight & Logistics 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 Logory Logistics Technology stock from India?
Yes. Indian residents and NRIs can buy Logory Logistics Technology (2482) shares directly through Paasa. Logory Logistics Technology is listed on the Hong Kong Stock Exchange, in the Integrated Freight & Logistics 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 Logory Logistics 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$0.27 a share, size the order by the lot, not by the share.
How are Logory Logistics Technology dividends taxed for Indian investors?
Logory Logistics 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 Logory Logistics 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.