Hong Kong Stock Exchange · Technology
Invest in Readboy Education Holding stock from India
Indian and foreign residents can buy Readboy Education Holding (2385) shares directly through Paasa.
By Paasa · Updated
Readboy Education Holding at a glance
- Price
- HK$5.17+HK$0.16 (3.19%)
- Market cap
- HK$1.82B
- Day range
- HK$5.00 – HK$5.17
- P/E
- —
- Dividend yield
- None
- Volume
- 30.00K
- 1 month
- -9.62%
- 6 months
- -6.34%
- YTD
- -16.75%
- 1 year
- -20.95%
- 5 years
- —
How to invest in Readboy Education 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 2385 and buy
Find Readboy Education Holding by name or by its ticker, 2385, 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 Readboy Education Holding from India
What Readboy Education Holding does
Readboy Education Holding Co., Ltd. operates as an investment company, which engages in the production and sale of educational tablets and provision of educational solutions. It operates through the following segments: Personal Student Tablets, Smart Classroom Solutions, Wearable Products, Other Products, and Advertisement and Content Licensing. Readboy Education Holding 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 Readboy Education Holding stock from India?
Yes. Indian residents and NRIs can buy Readboy Education Holding (2385) shares directly through Paasa. Readboy Education Holding 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 Readboy Education 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$5.17 a share, size the order by the lot, not by the share.
How are Readboy Education Holding dividends taxed for Indian investors?
Readboy Education 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 Readboy Education 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.