Launch Tech Company Limited
Launch Tech Company Limited (HKSE: 2488) is trading at HK$6.92, about ₹85 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.70% today. Indian residents can buy Launch Tech from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$6.90
Today's high
HK$7.10
52 week low
HK$6.66
52 week high
HK$11.11
2488 opened at HK$7.04, closed previously at HK$7.04, and has traded between HK$6.66 and HK$11.11 over the past 52 weeks.
About
Launch Tech Company Limited, along with its affiliated entities, serves the global automotive sector, encompassing both the aftermarket and the broader automobile industry, across the People's Republic of China and internationally. Its operations are structured into three key divisions: Automotive Diagnosis, Lift, and Overseas Sales. The company's core business revolves around the research, development, manufacturing, and distribution of a wide array of automotive solutions. This includes diagnostic, testing, and maintenance equipment for vehicles, in addition to software designed for auto diagnosis, inspection, repair, and ongoing upkeep. They also create, produce, and sell various automotive electronic products. Beyond hardware and software, Launch Tech provides diverse specialized services. These offerings include information network solutions, technical and electronic product consulting, technology exchange and commercialization, and an artificial intelligence public data platform. The firm also engages in general software development, big data technology services, and even extends to healthcare management consultancy and related product development. Their portfolio further comprises mobile phones, communication devices, and internet information advisory services. Moreover, they develop, trade, and retail computer software, hardware, and peripheral components. The company's scope also extends to designing and distributing electronic components and integrated circuits (chips). They are actively involved in the development, distribution, and sale of computer software and hardware technology. Other ventures include computer networking projects, graphic design, and corporate branding. They facilitate the import and export of goods and technologies and offer agent services. Launch Tech also manufactures specialized automotive machinery, such as vehicle maintenance and warranty equipment. This range includes items like paint spray booths, tire balancing machines, tire changing equipment, four-wheel alignment systems, vehicle frame straightening racks, and automated vehicle testing lines. Furthermore, they develop and market a variety of software solutions, including general computer software, information system software, and technology pertaining to car sharing. Established in 1992, Launch Tech Company Limited maintains its headquarters in Shenzhen, People's Republic of China.
Key statistics
Avg. volume
351.85K
Market cap
HK$2.86B
P/E Ratio
7.39
Price-to-sales ratio
1.11
Enterprise value
CN¥2.29B
Free cash flow yield
14.52%
Debt-to-equity ratio
0.36
Return on equity
26.57%
ROIC
19.44%
Beta
-0.31
Dividend yield
11.58%
Last dividend
HK$0.80
Financial overview
Revenue
CN¥2.11B
Earnings per share
CN¥0.83
Free cash flow
CN¥416.51M
Net profit margin
14.75%
Gross margin
46.36%
EBITDA
CN¥396.81M
Revenue growth
12.08%
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This is not an investment recommendation
How to buy Launch Tech from India
Indian residents can buy Launch Tech 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 Launch Tech and place an order
Find Launch Tech by name or by its ticker, 2488, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Launch Tech trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Launch Tech 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 Launch Tech from India
Trading and taxes when buying Launch Tech 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. Launch Tech’s current yield is 11.58%.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 Launch Tech stock?
Yes. Launch Tech (2488) has been listed on the Hong Kong Stock Exchange since 2002, in the Auto - Parts 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 Launch Tech share cost in rupees?
One Launch Tech share is HK$6.92 — about ₹85 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the Launch Tech 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 Launch Tech 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 Launch Tech?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Launch Tech 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 Launch Tech price. Paasa issues a capital-gains statement for your return.
Does Launch Tech pay a dividend, and how is it taxed in India?
Yes. Launch Tech pays a dividend and the current yield is 11.58%; the last declared dividend was HK$0.80 per share, about ₹9.80. 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 Launch Tech 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 Launch Tech a Hong Kong SAR China company, and does that change how it is taxed?
Launch Tech trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Launch Tech 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 Launch Tech 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 Launch Tech holding, its cost and its closing value.
How do I sell Launch Tech 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.