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2391HKSEMarket closedOpens 9:30am HKT

Tuya Inc.

HK$13.00Last updated
-HK$0.06 (0.46%)Past day
Timezone

Tuya Inc. (HKSE: 2391) is trading at HK$13.00, about ₹159 at today's HKD/INR rate, as of 25 Sep 2026, 3:16 AM ET, down 0.46% today. Indian residents can buy Tuya from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$13.02
Previous close:HK$13.06
Volume:4.40K

Today's low

HK$13.00

Today's high

HK$13.02

52 week low

HK$12.49

52 week high

HK$20.86

2391 opened at HK$13.02, closed previously at HK$13.06, and has traded between HK$12.49 and HK$20.86 over the past 52 weeks.

About

Tuya Inc. provides artificial intelligence (AI) cloud platform services in the People's Republic of China. Its AI cloud developer platform delivers a suite of offerings, including platform-as-a-service (PaaS), software-as-a-service (SaaS), and smart solutions to developers of smart device, commercial applications, and industries. The company's PaaS offering enables original equipment manufacturers and brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services. Its SaaS offering enables businesses to deploy, connect, and manage smart devices in various vertical scenarios for spatial intelligence and cloud-based software value-added services to build their own autonomous and controllable smart business platforms. Its solutions include cube private cloud, smart hospitality, smart residential, commercial lighting, and smart house and real estate. The company also offers a range of other cloud-based value-added services to enhance their ability to develop and manage IoT experiences for businesses, developers, and end users. In addition, it provides smart solutions for smart devices integrated with AI and intelligent software capabilities. The company serves brands, original equipment manufacturers, industry operators, and system integrators across a range of industry verticals, such as smart home and business, renewable energy, education, agriculture, outdoors and sport, and entertainment. Tuya Inc. was founded in 2014 and is based in Hangzhou, the People's Republic of China.

Country
CN
CEO
Xueji Wang
Exchange listed on
HKSE
Industry
Software - Application
Base currency
HKD
Full Time Employees
1,441
Sector
Technology
IPO date
05/07/2022

Key statistics

Avg. volume

28.38K

Market cap

HK$7.06B

P/E Ratio

—

Price-to-sales ratio

—

Enterprise value

—

Free cash flow yield

—

Debt-to-equity ratio

—

Return on equity

—

ROIC

—

Beta

0.44

Dividend yield

—

Last dividend

HK$0.90

Financial overview

Revenue

—

Earnings per share

—

Free cash flow

—

Net profit margin

—

Gross margin

—

EBITDA

—

Revenue growth

—

How to buy Tuya from India

Indian residents can buy Tuya 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 Tuya and place an order

    Find Tuya by name or by its ticker, 2391, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Tuya trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Tuya 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 Tuya from India

Trading and taxes when buying Tuya 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.Dividend tax explained

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

FAQs

Can Indian residents buy Tuya stock?

Yes. Tuya (2391) has been listed on the Hong Kong Stock Exchange since 2022, in the Software - Application 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 Tuya share cost in rupees?

One Tuya share is HK$13.00 — about ₹159 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Tuya 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 Tuya 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 Tuya?

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

How are gains on Tuya 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 Tuya price. Paasa issues a capital-gains statement for your return.

Does Tuya pay a dividend, and how is it taxed in India?

Yes. Tuya pays a dividend — the most recent was HK$0.90 per share, about ₹10.99. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.

When can I trade Tuya 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 Tuya a Hong Kong SAR China company, and does that change how it is taxed?

Tuya trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Tuya trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

Do I have to declare Tuya 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 Tuya holding, its cost and its closing value.

How do I sell Tuya 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.