Hong Kong Stock Exchange · Technology
Invest in Mech-Mind Robotics Technologies Co., Ltd. Class H stock from India
Indian and foreign residents can buy Mech-Mind Robotics Technologies Co., Ltd. Class H (9615) shares directly through Paasa.
By Paasa · Updated
Mech-Mind Robotics Technologies Co., Ltd. Class H at a glance
- Price
- HK$80.50+HK$0.90 (1.13%)
- Market cap
- HK$410.07M
- Day range
- HK$78.35 – HK$81.50
- P/E
- —
- Dividend yield
- None
- Volume
- 62.04K
How to invest in Mech-Mind Robotics Technologies Co., Ltd. Class H 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 9615 and buy
Find Mech-Mind Robotics Technologies Co., Ltd. Class H by name or by its ticker, 9615, 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 Mech-Mind Robotics Technologies Co., Ltd. Class H from India
What Mech-Mind Robotics Technologies Co., Ltd. Class H does
Mech-Mind Robotics Technologies Co., Ltd. develops and provides core technologies and products for robotics, including 3D vision systems, dexterous robotic hands, and large language models for robotic perception, understanding, and decision-making in Chinese Mainland, Japan, South Korea, the United States, Canada and Europe. The company offers the mech-eye series of industrial and 3D cameras for high-precision, high-speed acquisition of three-dimensional information, and the mech-hand dexterous robotic hand for flexible object manipulation in complex tasks. Mech-Mind Robotics Technologies Co., Ltd. Class H operates in the Computer Hardware industry within the Technology 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 Mech-Mind Robotics Technologies Co., Ltd. Class H stock from India?
Yes. Indian residents and NRIs can buy Mech-Mind Robotics Technologies Co., Ltd. Class H (9615) shares directly through Paasa. Mech-Mind Robotics Technologies Co., Ltd. Class H is listed on the Hong Kong Stock Exchange, in the Computer Hardware 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 Mech-Mind Robotics Technologies Co., Ltd. Class H 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$80.50 a share, size the order by the lot, not by the share.
How are Mech-Mind Robotics Technologies Co., Ltd. Class H dividends taxed for Indian investors?
Mech-Mind Robotics Technologies Co., Ltd. Class H 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 Mech-Mind Robotics Technologies Co., Ltd. Class H 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.