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Hong Kong Stock Exchange · Utilities

Invest in China Datang Corporation Renewable Power stock from India

Indian and foreign residents can buy China Datang Corporation Renewable Power (1798) shares directly through Paasa.

By Paasa · Updated

China Datang Corporation Renewable Power at a glance

Price
HK$0.98-HK$0.01 (0.51%)
Market cap
HK$7.13B
Day range
HK$0.97 – HK$1.02
P/E
25.83
Dividend yield
6.94%
Volume
19.93M
1 month
-14.04%
6 months
-40.61%
YTD
-52.43%
1 year
-64.10%
5 years
-71.84%

Live chart and statistics

China Datang Corporation Renewable Power statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥12.6BCN¥12.6BCN¥12.8BCN¥12.5BCN¥11.9B
Gross profitCN¥12.1BCN¥12.2BCN¥12.5BCN¥12.1BCN¥11.2B
Operating incomeCN¥3.5BCN¥4.7BCN¥5.3BCN¥6.2BCN¥4.8B
Net incomeCN¥1.6BCN¥2.4BCN¥2.8BCN¥3.5BCN¥2.0B
Earnings per shareCN¥0.17CN¥0.26CN¥0.31CN¥0.40CN¥0.21
EBITDACN¥9.9BCN¥9.8BCN¥10.6BCN¥11.3BCN¥9.2B
Total assetsCN¥115.2BCN¥115.5BCN¥101.5BCN¥97.5BCN¥99.1B
Total debtCN¥83.7BCN¥68.4BCN¥57.4BCN¥54.7BCN¥58.0B
Cash and short-term investmentsCN¥2.5BCN¥1.9BCN¥3.1BCN¥2.4BCN¥3.1B
Shareholders' equityCN¥19.5BCN¥33.2BCN¥32.0BCN¥30.2BCN¥27.4B
Operating cash flowCN¥9.2BCN¥6.3BCN¥7.1BCN¥13.2BCN¥6.0B
Free cash flowCN¥2.0B−CN¥7.4BCN¥624.6MCN¥6.3B−CN¥2.2B
Capital expenditure−CN¥7.2B−CN¥13.7B−CN¥6.5B−CN¥7.0B−CN¥8.2B

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
China Suntien Green Energy0956.HKHK$3.32HK$23.33B
Beijing Jingneng Clean Energy0579.HKHK$1.64HK$13.48B
Shanghai Dazhong Public Utilities1635.HKHK$2.20HK$12.84B
Towngas Smart Energy1083.HKHK$2.97HK$11.21B
CGN New Energy1811.HKHK$2.07HK$8.88B
China Water Affairs0855.HKHK$4.28HK$6.95B
Xinyi Energy3868.HKHK$0.81HK$6.86B
Concord New Energy0182.HKHK$0.32HK$2.50B

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

How to invest in China Datang Corporation Renewable Power 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 1798 and buy

    Find China Datang Corporation Renewable Power by name or by its ticker, 1798, 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 Datang Corporation Renewable Power from India

What China Datang Corporation Renewable Power does

China Datang Corporation Renewable Power Co., Limited plays a significant role in the clean energy landscape of the People's Republic of China. Its primary business revolves around the production and distribution of electricity generated from renewable sources, particularly focusing on wind power. China Datang Corporation Renewable Power operates in the Renewable Utilities industry within the Utilities 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 Datang Corporation Renewable Power stock from India?

Yes. Indian residents and NRIs can buy China Datang Corporation Renewable Power (1798) shares directly through Paasa. China Datang Corporation Renewable Power is listed on the Hong Kong Stock Exchange, in the Renewable Utilities 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 Datang Corporation Renewable Power 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$0.98 a share, size the order by the lot, not by the share.

How are China Datang Corporation Renewable Power dividends taxed for Indian investors?

China Datang Corporation Renewable Power 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 Datang Corporation Renewable Power 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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