Hong Kong Stock Exchange · Technology
Invest in Shandong Extreme Vision Technology stock from India
Indian and foreign residents can buy Shandong Extreme Vision Technology (6636) shares directly through Paasa.
By Paasa · Updated
Shandong Extreme Vision Technology at a glance
- Price
- HK$72.00+HK$0.45 (0.63%)
- Market cap
- HK$8.09B
- Day range
- HK$71.50 – HK$74.80
- P/E
- —
- Dividend yield
- None
- Volume
- 96.05K
How to invest in Shandong Extreme Vision 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 6636 and buy
Find Shandong Extreme Vision Technology by name or by its ticker, 6636, 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 Shandong Extreme Vision Technology from India
What Shandong Extreme Vision Technology does
Shandong Extreme Vision Technology Co., Ltd. develops cloud-based PaaS platforms for deploying AI vision solutions in China. It offers AI computer vision solution, a technological solution that simulates the human visual system to enable computers to extract information from images or videos and analyze, make decisions and interact based on this information; and Large model solution that refers to applications built on the functionality of large models, as well as the related supporting services. Shandong Extreme Vision Technology operates in the Software - Application 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 Shandong Extreme Vision Technology stock from India?
Yes. Indian residents and NRIs can buy Shandong Extreme Vision Technology (6636) shares directly through Paasa. Shandong Extreme Vision Technology is listed on the Hong Kong Stock Exchange, in the Software - Application 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 Shandong Extreme Vision 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$72.00 a share, size the order by the lot, not by the share.
How are Shandong Extreme Vision Technology dividends taxed for Indian investors?
Shandong Extreme Vision 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 Shandong Extreme Vision 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.