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Hong Kong Stock Exchange · Financial Services

Invest in Hong Kong Exchanges and Clearing stock from India

Indian and foreign residents can buy Hong Kong Exchanges and Clearing (388) shares directly through Paasa.

By Paasa · Updated

Hong Kong Exchanges and Clearing at a glance

Price
HK$388.60+HK$0.20 (0.05%)
Market cap
HK$491.20B
Day range
HK$388.20 – HK$392.40
P/E
24.83
Dividend yield
3.59%
Volume
2.66M
1 month
-8.35%
6 months
-0.46%
YTD
-4.66%
1 year
-12.12%
5 years
-18.02%

Live chart and statistics

Hong Kong Exchanges and Clearing statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueHK$29.2BHK$17.3BHK$15.4BHK$16.9BHK$19.5B
Gross profitHK$24.8BHK$12.9BHK$11.5BHK$13.3BHK$16.2B
Operating incomeHK$21.3BHK$14.9BHK$13.4BHK$11.7BHK$14.9B
Net incomeHK$17.8BHK$13.1BHK$11.9BHK$10.1BHK$12.5B
Earnings per shareHK$14.05HK$10.32HK$9.37HK$7.96HK$9.91
EBITDAHK$22.8BHK$22.1BHK$20.9BHK$15.5BHK$16.3B
Total assetsHK$580.8BHK$381.6BHK$341.2BHK$406.1BHK$399.3B
Total debtHK$1.9BHK$1.7BHK$1.6BHK$2.2BHK$2.5B
Cash and short-term investmentsHK$318.3BHK$230.9BHK$224.7BHK$276.4BHK$342.3B
Shareholders' equityHK$58.1BHK$53.9BHK$51.3BHK$49.7BHK$49.6B
Operating cash flowHK$22.7BHK$12.8BHK$11.5BHK$15.0BHK$12.3B
Free cash flowHK$21.0BHK$11.2BHK$10.1BHK$13.7BHK$11.3B
Capital expenditure−HK$1.7B−HK$1.6B−HK$1.4B−HK$1.3B−HK$1.1B

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

Peer comparison

CompanyTickerPriceMarket cap
Bank of Communications3328.HKHK$8.25HK$728.56B
Postal Savings Bank of China1658.HKHK$5.43HK$651.52B
Manulife Financial0945.HKHK$342.60HK$571.76B
BOC Hong Kong2388.HKHK$52.45HK$554.54B
China CITIC Bank0998.HKHK$8.65HK$481.05B
PICC Property and Casualty2328.HKHK$16.50HK$367.01B
CITIC Securities6030.HKHK$24.08HK$356.88B
Guotai Junan Securities2611.HKHK$14.32HK$307.38B

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

How to invest in Hong Kong Exchanges and Clearing 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 388 and buy

    Find Hong Kong Exchanges and Clearing by name or by its ticker, 388, 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 Hong Kong Exchanges and Clearing from India

What Hong Kong Exchanges and Clearing does

Hong Kong Exchanges and Clearing Limited (HKEX), a leading financial infrastructure group, oversees and operates significant stock and futures exchanges and their associated clearing houses across Hong Kong, mainland China, and the United Kingdom. Its business is organized into five core segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology. Hong Kong Exchanges and Clearing operates in the Financial - Data & Stock Exchanges 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 Hong Kong Exchanges and Clearing stock from India?

Yes. Indian residents and NRIs can buy Hong Kong Exchanges and Clearing (388) shares directly through Paasa. Hong Kong Exchanges and Clearing is listed on the Hong Kong Stock Exchange, in the Financial - Data & Stock Exchanges 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 Hong Kong Exchanges and Clearing 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$388.60 a share, size the order by the lot, not by the share.

What tax do I pay in India when I sell Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing 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.

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