Power Assets Holdings Limited
Power Assets Holdings Limited (HKSE: 6) is trading at HK$59.65, about ₹730 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 0.25% today. Indian residents can buy Power Assets from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$59.25
Today's high
HK$59.90
52 week low
HK$48.62
52 week high
HK$67.05
6 opened at HK$59.90, closed previously at HK$59.50, and has traded between HK$48.62 and HK$67.05 over the past 52 weeks.
About
Power Assets Holdings Limited operates as an investment holding company primarily engaged in the generation, transmission, and distribution of electricity across Hong Kong, the United Kingdom, Australia, Mainland China, and other international regions. The company's energy portfolio is diverse, sourcing power from thermal, renewable, and waste materials. Beyond its core electricity business, Power Assets also handles the transmission and distribution of oil and gas, manages property and deposits, and offers various services including consulting, investment, trust administration, and management. Its substantial infrastructure includes a total generation capacity of 1,064 MW from renewable energy/waste, 5,214 MW from gas-fired plants, and 3,815 MW from coal/oil-fired facilities. The company also oversees an extensive network comprising 114,200 km of gas/oil pipelines and 402,500 km of power networks, collectively serving over 19.3 million customers. Established in 1889 and based in Central, Hong Kong, the company was rebranded as Power Assets Holdings Limited in February 2011, having previously been known as Hongkong Electric Holdings Limited.
Key statistics
Avg. volume
3.50M
Market cap
HK$127.12B
P/E Ratio
7.10
Price-to-sales ratio
177.29
Enterprise value
HK$118.32B
Free cash flow yield
0.75%
Debt-to-equity ratio
0.03
Return on equity
6.87%
ROIC
0.48%
Beta
0.63
Dividend yield
4.73%
Last dividend
HK$2.82
Financial overview
Revenue
HK$771.00M
Earnings per share
HK$2.93
Free cash flow
HK$883.00M
Net profit margin
2496.23%
Gross margin
53.42%
EBITDA
HK$478.00M
Revenue growth
-88.62%
Similar securities
This is not an investment recommendation
How to buy Power Assets from India
Indian residents can buy Power Assets shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Power Assets and place an order
Find Power Assets by name or by its ticker, 6, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Power Assets trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Power Assets position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Power Assets from India
Trading and taxes when buying Power Assets from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Power Assets’ current yield is 4.73%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Power Assets stock?
Yes. Power Assets (6) has been listed on the Hong Kong Stock Exchange since 1992, in the Independent Power Producers industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Power Assets share cost in rupees?
One Power Assets share is HK$59.65 — about ₹730 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Power Assets price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Power Assets from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Power Assets?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Power Assets shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Power Assets price. Paasa issues a capital-gains statement for your return.
Does Power Assets pay a dividend, and how is it taxed in India?
Yes. Power Assets pays a dividend and the current yield is 4.73%; the last declared dividend was HK$2.82 per share, about ₹34.51. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Power Assets from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on Power Assets shares held from India?
Hong Kong has no estate duty.
Do I have to declare Power Assets shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Power Assets holding, its cost and its closing value.
How do I sell Power Assets and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.