Hong Kong Stock Exchange · Basic Materials
Invest in Newtrend Group Holding stock from India
Indian and foreign residents can buy Newtrend Group Holding (2573) shares directly through Paasa.
By Paasa · Updated
Newtrend Group Holding at a glance
- Price
- HK$5.02-HK$0.38 (7.04%)
- Market cap
- HK$483.08M
- Day range
- HK$5.00 – HK$5.49
- P/E
- —
- Dividend yield
- None
- Volume
- 11.00K
- 1 month
- -12.39%
- 6 months
- +25.50%
- YTD
- -37.64%
- 1 year
- -49.09%
- 5 years
- —
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Yip's Chemical | 0408.HK | HK$2.64 | HK$1.47B |
| King's Stone | 1943.HK | HK$1.16 | HK$1.36B |
| Dongguang Chemical | 1702.HK | HK$1.73 | HK$1.07B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Newtrend Group Holding 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 2573 and buy
Find Newtrend Group Holding by name or by its ticker, 2573, 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 Newtrend Group Holding from India
What Newtrend Group Holding does
Newtrend Group functions as a manufacturer and global supplier of diverse ingredients, including both food-grade and industrial-grade glycine, sucralose, various other amino acids, and natural extracts like curcumin and carrageenan. The company operates production facilities in China, Thailand, and Indonesia to support its worldwide distribution efforts. Newtrend Group Holding operates in the Chemicals - Specialty industry within the Basic Materials 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 Newtrend Group Holding stock from India?
Yes. Indian residents and NRIs can buy Newtrend Group Holding (2573) shares directly through Paasa. Newtrend Group Holding is listed on the Hong Kong Stock Exchange, in the Chemicals - Specialty 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 Newtrend Group Holding 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$5.02 a share, size the order by the lot, not by the share.
How are Newtrend Group Holding dividends taxed for Indian investors?
Newtrend Group Holding 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 Newtrend Group Holding 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.