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Hong Kong Stock Exchange · Financial Services

Invest in China CITIC Financial Asset Management stock from India

Indian and foreign residents can buy China CITIC Financial Asset Management (2799) shares directly through Paasa.

By Paasa · Updated

China CITIC Financial Asset Management at a glance

Price
HK$0.62-HK$0.02 (2.38%)
Market cap
HK$49.35B
Day range
HK$0.60 – HK$0.62
P/E
3.93
Dividend yield
None
Volume
16.45M
1 month
-2.38%
6 months
-23.13%
YTD
-25.90%
1 year
-41.43%
5 years
-39.71%

Live chart and statistics

China CITIC Financial Asset Management statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥22.3BCN¥10.0BCN¥10.4B−CN¥6.3BCN¥66.0B
Gross profitCN¥21.0BCN¥10.0BCN¥10.4B−CN¥30.7BCN¥23.3B
Operating incomeCN¥25.8BCN¥172.0MCN¥10.4B−CN¥13.7BCN¥1.7B
Net incomeCN¥10.9BCN¥9.6BCN¥1.8B−CN¥27.1BCN¥1.6B
Earnings per shareCN¥0.13CN¥0.11CN¥0.02−CN¥0.34CN¥0.01
EBITDACN¥35.5BCN¥0.0CN¥0.0−CN¥35.9BCN¥3.7B
Total assetsCN¥1.1TCN¥984.3BCN¥968.1BCN¥955.3BCN¥1.6T
Total debtCN¥966.1BCN¥327.8BCN¥854.5BCN¥831.9BCN¥419.8B
Cash and short-term investmentsCN¥70.9BCN¥74.0KCN¥85.0KCN¥122.0KCN¥497.8M
Shareholders' equityCN¥62.3BCN¥56.5BCN¥49.7BCN¥51.1BCN¥81.7B
Operating cash flow−CN¥30.9BCN¥99.1BCN¥19.2B−CN¥33.6BCN¥95.4B
Free cash flow−CN¥31.0BCN¥95.7BCN¥18.9B−CN¥34.1BCN¥94.4B
Capital expenditure−CN¥52.1M−CN¥3.4B−CN¥391.1M−CN¥538.7M−CN¥981.7M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CNY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Orient Securities Company Limited Class H3958.HKHK$5.67HK$80.99B
China Zheshang Bank2016.HKHK$2.34HK$77.51B
China Taiping Insurance0966.HKHK$20.14HK$72.38B
Chongqing Rural Commercial Bank3618.HKHK$6.27HK$71.15B
Huishang Bank3698.HKHK$4.69HK$65.14B
Everbright Securities6178.HKHK$6.91HK$64.15B
China Reinsurance1508.HKHK$1.21HK$51.19B
Guolian Minsheng Securities1456.HKHK$3.56HK$42.15B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in China CITIC Financial Asset Management from India

  1. 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.

  2. 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.

  3. Step 3

    Search 2799 and buy

    Find China CITIC Financial Asset Management by name or by its ticker, 2799, 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 China CITIC Financial Asset Management from India

What China CITIC Financial Asset Management does

Operating through its various subsidiaries, China Huarong Asset Management Co., Ltd. delivers a comprehensive suite of financial asset management solutions. Its operations are structured across three primary divisions: Distressed Asset Management, Financial Services, and Asset Management and Investment. China CITIC Financial Asset Management 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 China CITIC Financial Asset Management stock from India?

Yes. Indian residents and NRIs can buy China CITIC Financial Asset Management (2799) shares directly through Paasa. China CITIC Financial Asset Management 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 China CITIC Financial Asset Management 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$0.62 a share, size the order by the lot, not by the share.

How are China CITIC Financial Asset Management dividends taxed for Indian investors?

China CITIC Financial Asset Management 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 China CITIC Financial Asset Management 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.

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