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Hong Kong Stock Exchange · Financial Services

Invest in Quanzhou Huixin Micro-credit stock from India

Indian and foreign residents can buy Quanzhou Huixin Micro-credit (1577) shares directly through Paasa.

By Paasa · Updated

Quanzhou Huixin Micro-credit at a glance

Price
HK$1.05-HK$0.13 (10.68%)
Market cap
HK$710.60M
Day range
HK$1.01 – HK$1.05
P/E
6.10
Dividend yield
5.50%
Volume
12.00K
1 month
+2.45%
6 months
+1.46%
YTD
+4.50%
1 year
+11.17%
5 years
-11.44%

Live chart and statistics

Quanzhou Huixin Micro-credit statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCN¥142.8MCN¥173.4MCN¥113.2MCN¥131.3MCN¥133.6M
Gross profitCN¥138.2MCN¥172.9MCN¥113.2MCN¥128.4MCN¥131.5M
Operating incomeCN¥136.2MCN¥126.1MCN¥113.0MCN¥127.7MCN¥126.8M
Net incomeCN¥97.3MCN¥91.7MCN¥64.8MCN¥60.7MCN¥42.1M
Earnings per shareCN¥0.14CN¥0.13CN¥0.10CN¥0.09CN¥0.06
EBITDACN¥135.7MCN¥130.5MCN¥102.9MCN¥99.1MCN¥84.9M
Total assetsCN¥1.4BCN¥1.2BCN¥1.3BCN¥1.3BCN¥1.4B
Total debtCN¥109.3MCN¥951.6KCN¥11.6MCN¥40.1MCN¥107.7M
Cash and short-term investmentsCN¥59.4MCN¥163.1MCN¥111.5MCN¥143.3MCN¥43.5M
Shareholders' equityCN¥1.3BCN¥1.2BCN¥1.2BCN¥1.1BCN¥1.1B
Operating cash flowCN¥204.0MCN¥200.2MCN¥67.6MCN¥215.2MCN¥43.5M
Free cash flowCN¥202.9MCN¥145.9MCN¥67.3MCN¥213.6MCN¥38.9M
Capital expenditure−CN¥1.1M−CN¥54.3M−CN¥258.4K−CN¥1.6M−CN¥4.6M

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
Imagi International0585.HKHK$4.10HK$3.40B
K Cash Fintech2483.HKHK$1.80HK$900.00M
China Huirong Financial1290.HKHK$0.59HK$643.30M
Global International Credit1669.HKHK$1.44HK$576.00M
Capital Industrial Financial Services0730.HKHK$6.01HK$474.87M
Emperor Capital0717.HKHK$0.06HK$384.23M
Zuoli Kechuang Micro-finance6866.HKHK$0.27HK$318.60M
Guangdong Join-Share Financing Guarantee Investment1543.HKHK$0.19HK$294.99M

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

How to invest in Quanzhou Huixin Micro-credit 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 1577 and buy

    Find Quanzhou Huixin Micro-credit by name or by its ticker, 1577, 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 Quanzhou Huixin Micro-credit from India

What Quanzhou Huixin Micro-credit does

Quanzhou Huixin Micro-credit Co., Ltd., a microfinance company, provides various short-term financing solutions to entrepreneurial individuals, small and medium-sized enterprises, and microenterprises in the People’s Republic of China. It offers revolving credit, joint-guaranteed, targeted payment, bridge, and collateralized quick-access loans. Quanzhou Huixin Micro-credit operates in the Financial - Credit Services 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 Quanzhou Huixin Micro-credit stock from India?

Yes. Indian residents and NRIs can buy Quanzhou Huixin Micro-credit (1577) shares directly through Paasa. Quanzhou Huixin Micro-credit is listed on the Hong Kong Stock Exchange, in the Financial - Credit Services 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 Quanzhou Huixin Micro-credit 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$1.05 a share, size the order by the lot, not by the share.

How are Quanzhou Huixin Micro-credit dividends taxed for Indian investors?

Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit 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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