Redsun Services Group Limited
Redsun Services Group Limited (HKSE: 1971) is trading at HK$0.34, about ₹4 at today's HKD/INR rate, as of 9 Oct 2026, 3:59 AM ET, up 1.49% today. Indian residents can buy Redsun Services from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.34
Today's high
HK$0.34
52 week low
HK$0.05
52 week high
HK$0.48
1971 opened at HK$0.34, closed previously at HK$0.34, and has traded between HK$0.05 and HK$0.48 over the past 52 weeks.
About
Redsun Services Group Limited operates as an investment holding entity primarily delivering a diverse range of community services across China's Jiangsu Province. Its core offerings encompass comprehensive property management for various clients – including property owners, residents, and tenants – covering everything from residential buildings to commercial hubs like shopping malls, hotels, and theme parks, as well as institutional sites such as offices and schools. These property management services include essential functions like security, cleaning, landscaping, facility upkeep, customer support, and repairs. Beyond direct property management, the company extends various value-added services to external clients such as property management firms and real estate developers. This includes expert consulting for fellow property management companies, initial planning and design advice for new property developments, and sales support for developers by managing visitor reception, cleaning, security, and maintenance at sales centers and model homes. The company also offers other developer-focused value-added services, such as property inspection. Furthermore, Redsun provides tailored community value-added services to residents and property owners in residential areas, covering aspects such as property brokerage, interior design and renovation, local convenience solutions, asset management, and enhancements for shared community spaces. The company also branches into other areas, offering household support, broader decoration services, software maintenance, and pension-related services. Established in 2003 and based in Nanjing, China, Redsun Services Group Limited functions as a subsidiary of Redsun Services Group (Holdings) Limited.
Key statistics
Avg. volume
18.67K
Market cap
HK$141.10M
P/E Ratio
-2.09
Price-to-sales ratio
0.13
Enterprise value
-CN¥254.35M
Free cash flow yield
-97.80%
Debt-to-equity ratio
0.00
Return on equity
-4.48%
ROIC
8.35%
Beta
0.11
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥951.44M
Earnings per share
-CN¥0.09
Free cash flow
-CN¥140.36M
Net profit margin
-6.13%
Gross margin
21.69%
EBITDA
CN¥107.57M
Revenue growth
-7.33%
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This is not an investment recommendation
How to buy Redsun Services from India
Indian residents can buy Redsun Services 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 Redsun Services 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 Redsun Services and place an order
Find Redsun Services by name or by its ticker, 1971, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Redsun Services trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Redsun Services position in HKD and INR. Redsun Services pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying Redsun Services 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
- NoneRedsun Services does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can Indian residents buy Redsun Services stock?
Yes. Redsun Services (1971) has been listed on the Hong Kong Stock Exchange since 2020, in the Real Estate - 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 Redsun Services share cost in rupees?
One Redsun Services share is HK$0.34 — about ₹4 at an HKD/INR rate of 12.34 on 9 Oct 2026. Both the Redsun Services 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 Redsun Services 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 Redsun Services?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Redsun Services 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 Redsun Services price. Paasa issues a capital-gains statement for your return.
Does Redsun Services pay a dividend?
No. Redsun Services does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Redsun Services 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 Redsun Services a Hong Kong SAR China company, and does that change how it is taxed?
Redsun Services trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Redsun Services 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 Redsun Services 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 Redsun Services holding, its cost and its closing value.
How do I sell Redsun Services 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.