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Hong Kong Stock Exchange · Consumer Cyclical

Invest in Mi Ming Mart stock from India

Indian and foreign residents can buy Mi Ming Mart (8473) shares directly through Paasa.

By Paasa · Updated

Mi Ming Mart at a glance

Price
HK$0.10+HK$0.00 (3.13%)
Market cap
HK$110.88M
Day range
HK$0.10 – HK$0.10
P/E
8.92
Dividend yield
31.31%
Volume
120.00K
1 month
-10.00%
6 months
-17.50%
YTD
-18.85%
1 year
-29.79%
5 years
-58.75%

Live chart and statistics

Mi Ming Mart statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueHK$119.9MHK$118.7MHK$148.8MHK$171.4MHK$161.0M
Gross profitHK$71.5MHK$73.0MHK$93.3MHK$110.3MHK$104.3M
Operating incomeHK$2.9MHK$5.1MHK$15.2MHK$29.0MHK$25.4M
Net incomeHK$12.5MHK$5.1MHK$14.9MHK$20.7MHK$20.1M
Earnings per shareHK$0.01HK$0.00HK$0.01HK$0.02HK$0.02
EBITDAHK$15.3MHK$21.0MHK$33.2MHK$33.2MHK$40.5M
Total assetsHK$99.3MHK$154.6MHK$165.6MHK$177.4MHK$177.9M
Total debtHK$10.1MHK$7.9MHK$10.6MHK$12.7MHK$13.5M
Cash and short-term investmentsHK$38.0MHK$48.3MHK$62.1MHK$79.0MHK$103.4M
Shareholders' equityHK$76.5MHK$104.3MHK$141.9MHK$144.9MHK$145.5M
Operating cash flowHK$15.1MHK$21.3MHK$18.8MHK$40.7MHK$37.9M
Free cash flowHK$14.8MHK$19.8MHK$15.6MHK$38.8MHK$26.8M
Capital expenditure−HK$316.0K−HK$1.5M−HK$3.1M−HK$1.9M−HK$11.1M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in HKD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Design Capital1545.HKHK$0.18HK$354.00M
Asia Commercial0104.HKHK$0.23HK$170.34M
Shun Ho0253.HKHK$0.61HK$147.48M
Ulferts International1711.HKHK$0.18HK$140.80M
China Art Financial1572.HKHK$0.07HK$118.33M
Beijing Jingkelong0814.HKHK$0.25HK$100.99M
E. Bon0599.HKHK$0.12HK$84.10M
Yik Wo International8659.HKHK$0.10HK$80.69M

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

How to invest in Mi Ming Mart 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 8473 and buy

    Find Mi Ming Mart by name or by its ticker, 8473, 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 Mi Ming Mart from India

What Mi Ming Mart does

Mi Ming Mart Holdings Limited, an investment holding enterprise, focuses on the retail of various beauty and wellness products throughout Hong Kong. The company is involved in the marketing, sale, and distribution of skincare lines, cosmetic items, and dietary supplements, alongside offering consignment services. Mi Ming Mart operates in the Specialty Retail industry within the Consumer Cyclical 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 Mi Ming Mart stock from India?

Yes. Indian residents and NRIs can buy Mi Ming Mart (8473) shares directly through Paasa. Mi Ming Mart is listed on the Hong Kong Stock Exchange, in the Specialty Retail 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 Mi Ming Mart 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$0.10 a share, size the order by the lot, not by the share.

What tax do I pay in India when I sell Mi Ming Mart 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 Mi Ming Mart 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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