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Moon Inc. logo
1723HKSEMarket closedOpens 9:30am HKT

Moon Inc.

HK$0.84Last updated
+HK$0.06 (7.05%)Past day
Timezone

Moon Inc. (HKSE: 1723) is trading at HK$0.84, about ₹10 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 7.05% today. Indian residents can buy Moon from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$0.78
Previous close:HK$0.78
Volume:1.40M

Today's low

HK$0.78

Today's high

HK$0.95

52 week low

HK$0.39

52 week high

HK$3.70

1723 opened at HK$0.78, closed previously at HK$0.78, and has traded between HK$0.39 and HK$3.70 over the past 52 weeks.

About

HK Asia Holdings Limited operates as an investment holding company, primarily involved in the wholesale and retail distribution of pre-paid products throughout Hong Kong. The company supplies SIM cards and reloadable vouchers, enabling customers to make local and international phone calls and utilize mobile data services. Founded in 1995, its corporate headquarters are situated in Sheung Wan, Hong Kong.

Country
HK
CEO
John Edwin Riggins
Exchange listed on
HKSE
Industry
Telecommunications Services
Base currency
HKD
Full Time Employees
58
Sector
Communication Services
IPO date
27/09/2018

Key statistics

Avg. volume

1.10M

Market cap

HK$399.36M

P/E Ratio

-13.92

Price-to-sales ratio

1.94

Enterprise value

HK$452.55M

Free cash flow yield

-6.63%

Debt-to-equity ratio

0.27

Return on equity

-8.65%

ROIC

-3.50%

Beta

2.52

Dividend yield

0.00%

Last dividend

HK$0.00

Financial overview

Revenue

HK$206.11M

Earnings per share

-HK$0.06

Free cash flow

-HK$29.35M

Net profit margin

-13.75%

Gross margin

24.49%

EBITDA

-HK$9.81M

Revenue growth

8.73%

Similar securities

This is not an investment recommendation

How to buy Moon from India

Indian residents can buy Moon shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.

  3. Search for Moon and place an order

    Find Moon by name or by its ticker, 1723, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Moon trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Moon position in HKD and INR. Moon pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Moon from India

Trading and taxes when buying Moon from India

Trading and limits

Trading hours
9:30 am – 4:00 pm HKT
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneMoon does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Estate or inheritance tax
May applyHong Kong has no estate duty.Estate tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Moon stock?

Yes. Moon (1723) has been listed on the Hong Kong Stock Exchange since 2018, in the Telecommunications Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Moon share cost in rupees?

One Moon share is HK$0.84 — about ₹10 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Moon price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Moon from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

What is the minimum I can buy of Moon?

Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

How are gains on Moon shares taxed in India?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Moon price. Paasa issues a capital-gains statement for your return.

Does Moon pay a dividend?

No. Moon does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Moon from India?

The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.

Is there estate or inheritance tax on Moon shares held from India?

Hong Kong has no estate duty.

Do I have to declare Moon shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Moon holding, its cost and its closing value.

How do I sell Moon and bring the money back to India?

You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.