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Hong Kong Stock Exchange · Real Estate

Invest in Tsim Sha Tsui Properties stock from India

Indian and foreign residents can buy Tsim Sha Tsui Properties (247) shares directly through Paasa.

By Paasa · Updated

Tsim Sha Tsui Properties at a glance

Price
HK$19.50+HK$0.58 (3.07%)
Market cap
HK$43.86B
Day range
HK$19.50 – HK$19.50
P/E
19.50
Dividend yield
2.97%
Volume
2.00K
1 month
+0.78%
6 months
+0.78%
YTD
-2.99%
1 year
-5.20%
5 years
-15.98%

Live chart and statistics

Tsim Sha Tsui Properties statements, FY2020–FY2024

Fiscal year20242023202220212020
RevenueHK$8.2BHK$8.8BHK$11.9BHK$15.7BHK$24.6B
Gross profitHK$3.9BHK$9.9BHK$5.4BHK$16.0BHK$13.5B
Operating incomeHK$2.7BHK$2.0BHK$4.3BHK$7.3BHK$12.4B
Net incomeHK$2.3BHK$2.5BHK$3.3BHK$3.2BHK$5.3B
Earnings per shareHK$1.08HK$1.20HK$1.62HK$1.60HK$2.77
EBITDAHK$4.7BHK$5.0BHK$4.5BHK$7.5BHK$12.6B
Total assetsHK$185.5BHK$182.2BHK$181.0BHK$180.7BHK$182.7B
Total debtHK$2.7BHK$1.7BHK$2.8BHK$4.0BHK$6.7B
Cash and short-term investmentsHK$52.3BHK$47.4BHK$44.8BHK$45.7BHK$44.2B
Shareholders' equityHK$98.5BHK$94.9BHK$91.6BHK$88.3BHK$85.1B
Operating cash flowHK$3.8BHK$1.2B−HK$573.0MHK$6.5BHK$2.2B
Free cash flowHK$3.7BHK$1.1B−HK$573.0MHK$6.4BHK$2.2B
Capital expenditure−HK$113.0M−HK$70.0MHK$0.0−HK$52.5M−HK$38.0M

Fiscal years as reported, the latest ending 30 Jun 2025. Figures in HKD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Sino Land0083.HKHK$10.50HK$100.65B
Wharf0004.HKHK$20.36HK$62.22B
Hang Lung Properties0101.HKHK$6.76HK$35.17B
Longfor0960.HKHK$4.82HK$33.22B
C&D International Investment1908.HKHK$14.17HK$31.33B
Kerry Properties0683.HKHK$18.73HK$27.08B
Onewo2602.HKHK$18.87HK$21.65B
China Jinmao0817.HKHK$1.11HK$14.93B

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

How to invest in Tsim Sha Tsui Properties 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 247 and buy

    Find Tsim Sha Tsui Properties by name or by its ticker, 247, 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 Tsim Sha Tsui Properties from India

What Tsim Sha Tsui Properties does

Established in 1972 and headquartered in Tsim Sha Tsui, Hong Kong, Tsim Sha Tsui Properties Limited functions as an investment holding entity primarily focused on a diverse range of real estate activities. The company's core operations involve the investment, development, management, and trading of properties, with its principal geographical presence spanning the People's Republic of China, Singapore, and Australia. Tsim Sha Tsui Properties operates in the Real Estate - Development industry within the Real Estate 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 Tsim Sha Tsui Properties stock from India?

Yes. Indian residents and NRIs can buy Tsim Sha Tsui Properties (247) shares directly through Paasa. Tsim Sha Tsui Properties is listed on the Hong Kong Stock Exchange, in the Real Estate - Development 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 Tsim Sha Tsui Properties 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$19.50 a share, size the order by the lot, not by the share.

What tax do I pay in India when I sell Tsim Sha Tsui Properties 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 Tsim Sha Tsui Properties 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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