Time Watch Investments Limited
Time Watch Investments Limited (HKSE: 2033) is trading at HK$0.23, about ₹3 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 5.96% today. Indian residents can buy Time Watch Investments from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.20
Today's high
HK$0.23
52 week low
HK$0.20
52 week high
HK$0.37
2033 opened at HK$0.22, closed previously at HK$0.22, and has traded between HK$0.20 and HK$0.37 over the past 52 weeks.
About
Time Watch Investments Limited operates as an investment holding company, deeply embedded in the horology market of the People's Republic of China. This enterprise is comprehensively engaged in the production, brand management, and retail distribution of timepieces. Its business activities are structured across four main divisions: the Tian Wang Watch segment, the Balco Watch segment, Watch Movements Trading, and the Other Brands (PRC) segment. The company manages the full lifecycle for its proprietary Tian Wang and Balco brands, from design and manufacturing to wholesale and direct retail. Furthermore, Time Watch Investments supplies watch movements to other industry manufacturers and distributors, handles the distribution of both its own and internationally licensed watch brands, and provides expert marketing and consulting services. A supplementary facet of its operations includes property investment. By the end of June 2021, the company commanded a significant retail footprint, operating 2,206 sales points. Established in 1988, Time Watch Investments Limited is headquartered in Kowloon, Hong Kong, and functions as a subsidiary of Red Glory Investments Limited.
Key statistics
Avg. volume
32.71K
Market cap
HK$475.41M
P/E Ratio
-10.95
Price-to-sales ratio
0.76
Enterprise value
-HK$366.65M
Free cash flow yield
4.50%
Debt-to-equity ratio
0.03
Return on equity
-1.94%
ROIC
-3.72%
Beta
0.38
Dividend yield
4.33%
Last dividend
HK$0.01
Financial overview
Revenue
HK$689.43M
Earnings per share
-HK$0.01
Free cash flow
HK$71.70M
Net profit margin
-6.93%
Gross margin
67.69%
EBITDA
-HK$35.88M
Revenue growth
-21.75%
Similar securities
This is not an investment recommendation
How to buy Time Watch Investments from India
Indian residents can buy Time Watch Investments 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.
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.
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.
Search for Time Watch Investments and place an order
Find Time Watch Investments by name or by its ticker, 2033, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Time Watch Investments trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Time Watch Investments position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Time Watch Investments from India
Trading and taxes when buying Time Watch Investments 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
- Slab rateDividends are taxed at your slab rate in India. Time Watch Investments’ current yield is 4.33%.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 Time Watch Investments stock?
Yes. Time Watch Investments (2033) has been listed on the Hong Kong Stock Exchange since 2013, in the Apparel - Footwear & Accessories 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 Time Watch Investments share cost in rupees?
One Time Watch Investments share is HK$0.23 — about ₹3 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Time Watch Investments 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 Time Watch Investments 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 Time Watch Investments?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Time Watch Investments 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 Time Watch Investments price. Paasa issues a capital-gains statement for your return.
Does Time Watch Investments pay a dividend, and how is it taxed in India?
Yes. Time Watch Investments pays a dividend and the current yield is 4.33%; the last declared dividend was HK$0.01 per share, about ₹0.12. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Time Watch Investments 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 Time Watch Investments shares held from India?
Hong Kong has no estate duty.
Do I have to declare Time Watch Investments 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 Time Watch Investments holding, its cost and its closing value.
How do I sell Time Watch Investments 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.