Hong Kong Stock Exchange · Consumer Cyclical
Invest in Jiangsu Horizon stock from India
Indian and foreign residents can buy Jiangsu Horizon (2625) shares directly through Paasa.
By Paasa · Updated
Jiangsu Horizon at a glance
- Price
- HK$0.80+HK$0.01 (1.27%)
- Market cap
- HK$188.51M
- Day range
- HK$0.77 – HK$0.82
- P/E
- —
- Dividend yield
- None
- Volume
- 411.00K
- 1 month
- -56.04%
- 6 months
- -82.26%
- YTD
- -82.30%
- 1 year
- -89.35%
- 5 years
- —
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Lippo China Resources | 0156.HK | HK$1.18 | HK$1.08B |
| Maoye International | 0848.HK | HK$0.18 | HK$899.56M |
| Taste Gourmet | 8371.HK | HK$2.10 | HK$803.35M |
| Lisi | 0526.HK | HK$0.09 | HK$795.96M |
| Kingdom | 0528.HK | HK$1.19 | HK$733.57M |
| Fairwood | 0052.HK | HK$4.36 | HK$564.20M |
| New World Department Store China | 0825.HK | HK$0.26 | HK$429.97M |
| Lianhua Supermarket | 0980.HK | HK$0.27 | HK$392.09M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Jiangsu Horizon 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 2625 and buy
Find Jiangsu Horizon by name or by its ticker, 2625, 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 Jiangsu Horizon from India
What Jiangsu Horizon does
Jiangsu Horizon Chain Supermarket Company Limited, operating under its Hongxinlong brand throughout the People's Republic of China, is primarily engaged in the retail operation of supermarkets and convenience stores. The company offers a diverse range of consumer products, including various foodstuffs (such as grains, oils, and non-staple items), apparel and fashion accessories, children's wear, cosmetics and personal care products, jewelry, footwear, household appliances, consumer electronics, and alcoholic beverages, among other miscellaneous goods. Jiangsu Horizon operates in the Department Stores 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 Jiangsu Horizon stock from India?
Yes. Indian residents and NRIs can buy Jiangsu Horizon (2625) shares directly through Paasa. Jiangsu Horizon is listed on the Hong Kong Stock Exchange, in the Department Stores 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 Jiangsu Horizon 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$0.80 a share, size the order by the lot, not by the share.
How are Jiangsu Horizon dividends taxed for Indian investors?
Jiangsu Horizon 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 Jiangsu Horizon 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.