Hong Kong Stock Exchange · Technology
Invest in Bitfire Group stock from India
Indian and foreign residents can buy Bitfire Group (1611) shares directly through Paasa.
By Paasa · Updated
Bitfire Group at a glance
- Price
- HK$2.03-HK$0.04 (1.94%)
- Market cap
- HK$1.52B
- Day range
- HK$1.98 – HK$2.05
- P/E
- -6.23
- Dividend yield
- None
- Volume
- 16.50K
- 1 month
- -3.57%
- 6 months
- -13.46%
- YTD
- -19.96%
- 1 year
- -61.65%
- 5 years
- -74.20%
Bitfire Group statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | HK$8.7B | HK$1.6B | HK$2.8B | HK$9.1B | HK$610.7M |
| Gross profit | HK$47.6M | HK$44.2M | HK$10.4M | HK$110.8M | HK$302.6M |
| Operating income | −HK$76.2M | −HK$62.0M | −HK$176.1M | −HK$144.4M | HK$166.0M |
| Net income | −HK$9.2M | HK$54.3M | −HK$287.4M | −HK$199.7M | HK$141.5M |
| Earnings per share | −HK$0.02 | HK$0.12 | −HK$0.92 | −HK$0.65 | HK$0.46 |
| EBITDA | −HK$75.9M | HK$62.2M | −HK$247.3M | −HK$130.0M | HK$219.1M |
| Total assets | HK$1.3B | HK$461.1M | HK$748.6M | HK$1.1B | HK$878.1M |
| Total debt | HK$491.6M | HK$4.9M | HK$467.2M | HK$590.2M | HK$349.5M |
| Cash and short-term investments | HK$1.1B | HK$196.8M | HK$336.7M | HK$620.0M | HK$555.5M |
| Shareholders' equity | HK$757.1M | HK$281.9M | HK$206.3M | HK$134.9M | HK$278.6M |
| Operating cash flow | HK$16.5M | −HK$10.7M | −HK$245.2M | −HK$314.8M | HK$181.6M |
| Free cash flow | HK$14.3M | −HK$10.8M | −HK$263.1M | −HK$335.0M | HK$166.9M |
| Capital expenditure | −HK$2.2M | −HK$25.0K | −HK$17.9M | −HK$20.2M | −HK$14.7M |
Fiscal years as reported, the latest ending 30 Sep 2025. Figures in HKD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Oshidori International | 0622.HK | HK$3.15 | HK$21.84B |
| AEON Credit Service (Asia) | 0900.HK | HK$9.09 | HK$3.81B |
| APAC Resources | 1104.HK | HK$2.15 | HK$3.21B |
| China Renaissance | 1911.HK | HK$3.42 | HK$1.96B |
| Chinese Estates | 0127.HK | HK$1.03 | HK$1.96B |
| Upbest | 0335.HK | HK$0.66 | HK$1.77B |
| Shenwan Hongyuan (H.K.) | 0218.HK | HK$0.88 | HK$1.37B |
| HK.AI Capital | 1140.HK | HK$0.11 | HK$1.37B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Bitfire Group 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 1611 and buy
Find Bitfire Group by name or by its ticker, 1611, 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 Bitfire Group from India
What Bitfire Group does
Bitfire Group Holdings Limited, an investment holding company, provides cryptocurrency trading and technology solution services in the People’s Republic of China. It offers blockchain solutions; peripheral accessories, such as browser, faucet, and official website; and fundamental Dapps and software-as-a-service to customers in blockchain, virtual assets, fintech, and big data, as well as other technology sectors. Bitfire Group operates in the Hardware, Equipment & Parts industry within the Technology 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 Bitfire Group stock from India?
Yes. Indian residents and NRIs can buy Bitfire Group (1611) shares directly through Paasa. Bitfire Group is listed on the Hong Kong Stock Exchange, in the Hardware, Equipment & Parts 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 Bitfire Group 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$2.03 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell Bitfire Group 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 Bitfire Group 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.