Hong Kong Stock Exchange · Consumer Cyclical
Invest in X.J. Electrics (Hu Bei) stock from India
Indian and foreign residents can buy X.J. Electrics (Hu Bei) (2619) shares directly through Paasa.
By Paasa · Updated
X.J. Electrics (Hu Bei) at a glance
- Price
- HK$1.20+HK$0.00 (0.00%)
- Market cap
- HK$246.96M
- Day range
- HK$1.13 – HK$1.20
- P/E
- —
- Dividend yield
- —
- Volume
- 3.00K
- 1 month
- -7.69%
- 6 months
- -32.20%
- YTD
- -55.39%
- 1 year
- -35.83%
- 5 years
- -52.38%
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| ITC Properties | 0199.HK | HK$2.69 | HK$2.93B |
| SMC Electric | 2381.HK | HK$0.39 | HK$780.00M |
| Precious Dragon Technology | 1861.HK | HK$2.30 | HK$538.01M |
| Raymond Industrial | 0229.HK | HK$0.77 | HK$386.02M |
| Crazy Sports | 0082.HK | HK$0.08 | HK$366.62M |
| Matrix | 1005.HK | HK$0.42 | HK$317.61M |
| NVC International | 2222.HK | HK$0.58 | HK$294.22M |
| King's Flair International | 6822.HK | HK$0.40 | HK$276.50M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in X.J. Electrics (Hu Bei) 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 2619 and buy
Find X.J. Electrics (Hu Bei) by name or by its ticker, 2619, 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 X.J. Electrics (Hu Bei) from India
What X.J. Electrics (Hu Bei) does
X.J. Electrics (Hu Bei) Co., Ltd, established in 2012 and headquartered in Shenzhen, China, conducts comprehensive activities spanning the research, design, production, and sale of both electrical and non-electrical household products. X.J. Electrics (Hu Bei) operates in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical 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 X.J. Electrics (Hu Bei) stock from India?
Yes. Indian residents and NRIs can buy X.J. Electrics (Hu Bei) (2619) shares directly through Paasa. X.J. Electrics (Hu Bei) is listed on the Hong Kong Stock Exchange, in the Furnishings, Fixtures & Appliances 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 X.J. Electrics (Hu Bei) 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$1.20 a share, size the order by the lot, not by the share.
How are X.J. Electrics (Hu Bei) dividends taxed for Indian investors?
X.J. Electrics (Hu Bei) 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 X.J. Electrics (Hu Bei) 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.