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Hong Kong Stock Exchange · Communication Services

Invest in Plus Group stock from India

Indian and foreign residents can buy Plus Group (2486) shares directly through Paasa.

By Paasa · Updated

Plus Group at a glance

Price
HK$3.86+HK$0.06 (1.58%)
Market cap
HK$436.98M
Day range
HK$3.68 – HK$4.05
P/E
—
Dividend yield
None
Volume
43.60K
1 month
-8.53%
6 months
-42.98%
YTD
-48.19%
1 year
-51.02%
5 years
-51.69%

Live chart and statistics

How to invest in Plus Group 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 2486 and buy

    Find Plus Group by name or by its ticker, 2486, 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 Plus Group from India

What Plus Group does

Plus Group Holdings Inc., an investment holding company, engages in the sales and marketing sector in the People's Republic of China. It offers customized marketing solutions, task and marketer matching services, marketer assignment services, and SaaS+ subscription and other services. Plus Group operates in the Advertising Agencies industry within the Communication 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 Plus Group stock from India?

Yes. Indian residents and NRIs can buy Plus Group (2486) shares directly through Paasa. Plus Group is listed on the Hong Kong Stock Exchange, in the Advertising Agencies 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 Plus Group 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$3.86 a share, size the order by the lot, not by the share.

How are Plus Group dividends taxed for Indian investors?

Plus Group 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 Plus Group 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.

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