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Hong Kong Stock Exchange · Basic Materials

Invest in Huajin International stock from India

Indian and foreign residents can buy Huajin International (2738) shares directly through Paasa.

By Paasa · Updated

Huajin International at a glance

Price
HK$0.16-HK$0.00 (0.61%)
Market cap
HK$97.80M
Day range
HK$0.15 – HK$0.17
P/E
-0.10
Dividend yield
None
Volume
834.00K
1 month
+317.95%
6 months
-22.01%
YTD
-41.79%
1 year
-44.75%
5 years
-93.26%

Live chart and statistics

Huajin International statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥861.3MCN¥5.9BCN¥6.6BCN¥4.7BCN¥5.3B
Gross profit−CN¥692.8MCN¥31.7MCN¥296.6M−CN¥20.1MCN¥208.8M
Operating income−CN¥787.8M−CN¥84.0MCN¥169.0M−CN¥124.3MCN¥116.7M
Net income−CN¥1.3B−CN¥91.0MCN¥85.7M−CN¥165.3MCN¥62.0M
Earnings per share−CN¥2.12−CN¥0.15CN¥0.14−CN¥0.28CN¥0.10
EBITDA−CN¥780.5M−CN¥79.5MCN¥173.5M−CN¥105.9MCN¥120.8M
Total assetsCN¥2.3BCN¥3.7BCN¥3.8BCN¥2.8BCN¥2.4B
Total debtCN¥2.3BCN¥2.5BCN¥2.3BCN¥1.5BCN¥1.2B
Cash and short-term investmentsCN¥16.7MCN¥35.3MCN¥98.4MCN¥16.1MCN¥22.6M
Shareholders' equity−CN¥849.8MCN¥422.0MCN¥512.8MCN¥425.3MCN¥587.0M
Operating cash flow−CN¥175.9M−CN¥914.8M−CN¥372.0M−CN¥348.7M−CN¥36.5M
Free cash flow−CN¥258.9M−CN¥1.4B−CN¥920.9M−CN¥454.6M−CN¥163.3M
Capital expenditure−CN¥83.0M−CN¥467.1M−CN¥548.9M−CN¥105.9M−CN¥126.9M

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
Da Sen1580.HKHK$0.52HK$564.27M
KangLi International6890.HKHK$0.74HK$448.63M
Ko Yo Chemical0827.HKHK$0.04HK$267.07M
Kontafarma China1312.HKHK$0.03HK$184.10M
Lee Kee0637.HKHK$0.17HK$144.20M
Greenheart0094.HKHK$0.05HK$141.91M
China Vanadium Titano-Magnetite Mining0893.HKHK$0.06HK$141.69M
Changmao Biochemical Engineering0954.HKHK$0.22HK$118.12M

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

How to invest in Huajin International 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 2738 and buy

    Find Huajin International by name or by its ticker, 2738, 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 Huajin International from India

What Huajin International does

Huajin International Holdings Limited functions as an investment holding company, primarily focusing on the production and sale of cold-rolled and galvanized steel across the People's Republic of China and Southeast Asian regions. Its product offerings include cold-rolled carbon steel in the form of strips and sheets, welded steel tubes, and a variety of zinc-coated steel products. Huajin International operates in the Steel industry within the Basic Materials 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 Huajin International stock from India?

Yes. Indian residents and NRIs can buy Huajin International (2738) shares directly through Paasa. Huajin International is listed on the Hong Kong Stock Exchange, in the Steel 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 Huajin 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$0.16 a share, size the order by the lot, not by the share.

How are Huajin International dividends taxed for Indian investors?

Huajin International 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 Huajin 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.

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