Hong Kong Stock Exchange · Financial Services
Invest in Asia Standard International stock from India
Indian and foreign residents can buy Asia Standard International (129) shares directly through Paasa.
By Paasa · Updated
Asia Standard International at a glance
- Price
- HK$0.19-HK$0.00 (2.12%)
- Market cap
- HK$262.82M
- Day range
- HK$0.17 – HK$0.19
- P/E
- -0.14
- Dividend yield
- None
- Volume
- 182.56K
- 1 month
- +6.32%
- 6 months
- -9.31%
- YTD
- -25.40%
- 1 year
- -38.33%
- 5 years
- -77.44%
Asia Standard International statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | HK$6.3B | HK$2.4B | HK$1.7B | HK$2.1B | HK$2.5B |
| Gross profit | HK$1.3B | HK$1.3B | HK$1.3B | HK$1.7B | HK$2.1B |
| Operating income | HK$1.1B | HK$1.1B | HK$1.1B | HK$1.5B | HK$2.1B |
| Net income | −HK$1.9B | −HK$3.8B | −HK$5.8B | HK$801.4M | −HK$883.6M |
| Earnings per share | −HK$1.31 | −HK$2.75 | −HK$4.39 | HK$0.61 | −HK$0.67 |
| EBITDA | −HK$1.0B | −HK$2.9B | −HK$5.7B | HK$1.4B | −HK$585.5M |
| Total assets | HK$25.7B | HK$30.9B | HK$34.1B | HK$37.9B | HK$35.0B |
| Total debt | HK$14.3B | HK$15.9B | HK$17.8B | HK$16.6B | HK$17.3B |
| Cash and short-term investments | HK$2.6B | HK$2.0B | HK$3.4B | HK$7.1B | HK$6.6B |
| Shareholders' equity | HK$10.7B | HK$11.7B | HK$14.5B | HK$19.4B | HK$16.0B |
| Operating cash flow | HK$1.9B | HK$2.2B | −HK$1.0B | −HK$858.2M | −HK$721.7M |
| Free cash flow | HK$1.9B | HK$2.1B | −HK$1.1B | −HK$912.6M | −HK$997.6M |
| Capital expenditure | −HK$16.4M | −HK$52.3M | −HK$46.1M | −HK$54.4M | −HK$276.0M |
Fiscal years as reported, the latest ending 31 Mar 2026. Figures in HKD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| LFG Investment | 3938.HK | HK$2.91 | HK$1.43B |
| Shanghai Realway Capital Assets Management | 1835.HK | HK$3.99 | HK$610.99M |
| China Investment and Finance | 1226.HK | HK$0.84 | HK$346.58M |
| Tian Tu Capital | 1973.HK | HK$2.00 | HK$346.52M |
| China Development Bank International Investment | 1062.HK | HK$0.10 | HK$293.12M |
| Top Eminent Healthcare | 6877.HK | HK$0.10 | HK$193.16M |
| Hatcher | 8365.HK | HK$0.93 | HK$184.84M |
| Asia Orient | 0214.HK | HK$0.22 | HK$184.15M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Asia Standard International 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 129 and buy
Find Asia Standard International by name or by its ticker, 129, 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 Asia Standard International from India
What Asia Standard International does
Asia Standard International Group Limited functions as an investment holding enterprise with a primary focus on real estate. Its core operations involve the acquisition, development, and management of various property types, including commercial, residential, retail, and hotel assets, across Hong Kong, mainland China, and Canada. Asia Standard International operates in the Asset Management industry within the Financial Services 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 Asia Standard International stock from India?
Yes. Indian residents and NRIs can buy Asia Standard International (129) shares directly through Paasa. Asia Standard International is listed on the Hong Kong Stock Exchange, in the Asset Management 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 Asia Standard International 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$0.19 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell Asia Standard International 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.
Would my heirs owe estate tax on Asia Standard International shares?
Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.