The Bank of East Asia, Limited
The Bank of East Asia, Limited (HKSE: 23) is trading at HK$19.14, about ₹234 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.62% today. Indian residents can buy The Bank of East Asia from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$18.69
Today's high
HK$19.20
52 week low
HK$11.64
52 week high
HK$19.82
23 opened at HK$19.20, closed previously at HK$19.26, and has traded between HK$11.64 and HK$19.82 over the past 52 weeks.
About
The Bank of East Asia, Limited, operating with its various subsidiaries, offers an extensive array of banking and related financial services. For individual customers, the bank provides a selection of account types, including savings, current, and time deposit accounts, alongside fixed, call, and foreign currency deposit options. Other personal offerings include payroll services, secure safe deposit boxes, and international remittance facilities. Its corporate banking division delivers a comprehensive suite of solutions, such as SME loans and financing guarantee programs. Corporate and commercial financing covers syndicated and construction loans, acquisition and structured financing, working capital funding, share-related and IPO-linked loans, and commercial mortgages. The bank also specializes in trade finance, offering expert solutions, factoring, import/export financing, guarantee services, and the eTradeConnect platform for efficient trade transactions. Additional corporate services include cash management, wealth management, foreign exchange and treasury products, trade settlement and financing, and both onshore and offshore loans. A broad spectrum of insurance products is also available, ranging from marine cargo, property, and trade credit for businesses, to employee compensation, pet, medical, life, savings, and endowment plans. High-net-worth clients benefit from private banking services, encompassing investment advisory, a diverse range of investment solutions (such as unit trusts, linked deposits, currency trading, global equities and bonds, structured products, options, and derivatives), portfolio management, and securities and futures broking. Further general services extend to cyber banking, credit cards, ATM access, and various international banking provisions. The company operates a substantial network of 150 branches across Hong Kong, the broader Greater China region, Southeast Asia, the United Kingdom, and the United States. Established in 1918, The Bank of East Asia, Limited is headquartered in Central, Hong Kong.
Key statistics
Avg. volume
2.09M
Market cap
HK$50.60B
P/E Ratio
15.07
Price-to-sales ratio
1.92
Enterprise value
HK$57.57B
Free cash flow yield
5.36%
Debt-to-equity ratio
0.46
Return on equity
3.30%
ROIC
0.50%
Beta
0.70
Dividend yield
3.55%
Last dividend
HK$0.61
Financial overview
Revenue
HK$37.60B
Earnings per share
HK$1.21
Free cash flow
HK$6.52B
Net profit margin
13.30%
Gross margin
54.49%
EBITDA
HK$5.12B
Revenue growth
143.72%
Similar securities
This is not an investment recommendation
How to buy The Bank of East Asia from India
Indian residents can buy The Bank of East Asia 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 The Bank of East Asia and place an order
Find The Bank of East Asia by name or by its ticker, 23, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. The Bank of East Asia trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Bank of East Asia 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 The Bank of East Asia from India
Trading and taxes when buying The Bank of East Asia 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. The Bank of East Asia’s current yield is 3.55%.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 The Bank of East Asia stock?
Yes. The Bank of East Asia (23) has been listed on the Hong Kong Stock Exchange since 2000, in the Banks - Regional 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 The Bank of East Asia share cost in rupees?
One The Bank of East Asia share is HK$19.14 — about ₹234 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the The Bank of East Asia 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 The Bank of East Asia 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 The Bank of East Asia?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on The Bank of East Asia 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 The Bank of East Asia price. Paasa issues a capital-gains statement for your return.
Does The Bank of East Asia pay a dividend, and how is it taxed in India?
Yes. The Bank of East Asia pays a dividend and the current yield is 3.55%; the last declared dividend was HK$0.61 per share, about ₹7.46. 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 The Bank of East Asia 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 The Bank of East Asia shares held from India?
Hong Kong has no estate duty.
Do I have to declare The Bank of East Asia 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 The Bank of East Asia holding, its cost and its closing value.
How do I sell The Bank of East Asia 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.