China Chengtong Development Group Limited
China Chengtong Development Group Limited (HKSE: 217) is trading at HK$0.11, about ₹1 at today's HKD/INR rate, as of 8 Oct 2026, 3:07 AM ET, down 1.79% today. Indian residents can buy China Chengtong Development from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.11
Today's high
HK$0.12
52 week low
HK$0.06
52 week high
HK$0.20
217 opened at HK$0.11, closed previously at HK$0.11, and has traded between HK$0.06 and HK$0.20 over the past 52 weeks.
About
China Chengtong Development Group Limited functions as an investment holding entity, undertaking a variety of ventures within the People's Republic of China. These include the trade of bulk commodities, real estate development and investment, leasing services, marine leisure activities, and hospitality operations. Its business is structured into four distinct divisions: Leasing, Bulk Commodity Trade, Property Development and Investment, and Marine Recreation Services and Hotel. The Leasing division delivers various financing solutions through its services, such as financial leases, sale and leaseback arrangements, and operational leases. Within the Bulk Commodity Trade segment, the company engages in the commerce of raw materials like coal, steel, and chemical compounds. The Property Development and Investment unit is responsible for acquiring and managing land for real estate projects, holding investment properties to generate capital appreciation, and offering rental provisions. Lastly, the Marine Recreation Services and Hotel segment encompasses a range of services including maritime leisure activities, hotel management, and travel agency operations. Headquartered in Wanchai, Hong Kong, China Chengtong Development Group Limited operates as a subsidiary under World Gain Holdings Limited.
Key statistics
Avg. volume
1.10M
Market cap
HK$654.82M
P/E Ratio
7.97
Price-to-sales ratio
0.92
Enterprise value
HK$8.36B
Free cash flow yield
-521.27%
Debt-to-equity ratio
3.45
Return on equity
1.63%
ROIC
0.45%
Beta
-0.07
Dividend yield
2.27%
Last dividend
HK$0.00
Financial overview
Revenue
HK$579.00M
Earnings per share
HK$0.01
Free cash flow
-HK$3.79B
Net profit margin
11.47%
Gross margin
39.88%
EBITDA
HK$218.30M
Revenue growth
4.77%
Similar securities
This is not an investment recommendation
How to buy China Chengtong Development from India
Indian residents can buy China Chengtong Development 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. Read the full guide: how to invest in China Chengtong Development from India
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 China Chengtong Development and place an order
Find China Chengtong Development by name or by its ticker, 217, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Chengtong Development trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Chengtong Development position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying China Chengtong Development 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. China Chengtong Development’s current yield is 2.27%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
FAQs
Can Indian residents buy China Chengtong Development stock?
Yes. China Chengtong Development (217) has been listed on the Hong Kong Stock Exchange since 2003, in the Financial - Credit 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 China Chengtong Development share cost in rupees?
One China Chengtong Development share is HK$0.11 — about ₹1 at an HKD/INR rate of 12.34 on 10 Oct 2026. Both the China Chengtong Development 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 China Chengtong Development 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 China Chengtong Development?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Chengtong Development 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 China Chengtong Development price. Paasa issues a capital-gains statement for your return.
Does China Chengtong Development pay a dividend, and how is it taxed in India?
Yes. China Chengtong Development pays a dividend and the current yield is 2.27%; the last declared dividend was HK$0.00 per share, about ₹0.03. 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 China Chengtong Development 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 China Chengtong Development shares held from India?
Hong Kong has no estate duty.
Do I have to declare China Chengtong Development 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 China Chengtong Development holding, its cost and its closing value.
How do I sell China Chengtong Development 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.