Paasa Logo

Hong Kong Stock Exchange · Technology

Invest in iDreamSky Technology stock from India

Indian and foreign residents can buy iDreamSky Technology (1119) shares directly through Paasa.

By Paasa · Updated

iDreamSky Technology at a glance

Price
HK$0.38+HK$0.04 (10.29%)
Market cap
HK$766.33M
Day range
HK$0.34 – HK$0.39
P/E
118.75
Dividend yield
None
Volume
2.09M
1 month
-16.67%
6 months
-10.71%
YTD
-34.21%
1 year
-66.81%
5 years
-90.63%

Live chart and statistics

iDreamSky Technology statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥1.3BCN¥1.5BCN¥1.9BCN¥2.6BCN¥2.6B
Gross profitCN¥532.4MCN¥426.8MCN¥673.5MCN¥400.5MCN¥1.1B
Operating incomeCN¥21.7M−CN¥345.4M−CN¥175.3M−CN¥2.3B−CN¥16.6M
Net incomeCN¥15.9M−CN¥528.8M−CN¥556.3M−CN¥2.5B−CN¥157.5M
Earnings per shareCN¥0.01−CN¥0.33−CN¥0.39−CN¥1.80−CN¥0.13
EBITDACN¥110.8M−CN¥148.1M−CN¥209.5M−CN¥2.1BCN¥251.2M
Total assetsCN¥3.6BCN¥3.6BCN¥3.7BCN¥4.3BCN¥6.6B
Total debtCN¥1.3BCN¥1.4BCN¥1.2BCN¥1.6BCN¥1.8B
Cash and short-term investmentsCN¥231.3MCN¥224.1MCN¥263.6MCN¥216.4MCN¥788.8M
Shareholders' equityCN¥1.7BCN¥1.4BCN¥1.6BCN¥1.6BCN¥3.9B
Operating cash flowCN¥12.4MCN¥151.7MCN¥253.0MCN¥93.9MCN¥153.8M
Free cash flowCN¥7.9M−CN¥119.3MCN¥123.1MCN¥62.8MCN¥113.6M
Capital expenditure−CN¥4.5M−CN¥271.0M−CN¥129.9M−CN¥31.1M−CN¥40.1M

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
Qingci Games6633.HKHK$3.15HK$2.18B
Ju Teng International3336.HKHK$2.33HK$1.97B
Homeland Interactive Technology3798.HKHK$1.39HK$1.75B
Archosaur Games9990.HKHK$1.57HK$1.26B
Productive Technologies0650.HKHK$0.17HK$1.25B

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

How to invest in iDreamSky Technology 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 1119 and buy

    Find iDreamSky Technology by name or by its ticker, 1119, 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 iDreamSky Technology from India

What iDreamSky Technology does

Established in 2009 and headquartered in Shenzhen, China, iDreamSky Technology Holdings Limited operates as an investment holding company and a leading digital entertainment platform, with its primary focus on the Chinese game publishing market. The company's operations are divided into two main divisions: Game and Information Services, and Experiential Retail Business. iDreamSky Technology operates in the Electronic Gaming & Multimedia 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 iDreamSky Technology stock from India?

Yes. Indian residents and NRIs can buy iDreamSky Technology (1119) shares directly through Paasa. iDreamSky Technology is listed on the Hong Kong Stock Exchange, in the Electronic Gaming & Multimedia 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 iDreamSky Technology 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$0.38 a share, size the order by the lot, not by the share.

How are iDreamSky Technology dividends taxed for Indian investors?

iDreamSky Technology 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 iDreamSky Technology 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.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you