Xingfa Aluminium Holdings Limited
Xingfa Aluminium Holdings Limited (HKSE: 98) is trading at HK$5.24, about ₹64 at today's HKD/INR rate, as of 25 Sep 2026, 3:45 AM ET, down 0.19% today. Indian residents can buy Xingfa Aluminium from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$5.24
Today's high
HK$5.24
52 week low
HK$5.24
52 week high
HK$8.08
98 opened at HK$5.24, closed previously at HK$5.25, and has traded between HK$5.24 and HK$8.08 over the past 52 weeks.
About
Xingfa Aluminium Holdings Limited operates as an investment conglomerate primarily engaged in the manufacturing, sale, and trading of aluminum profiles, which are integral to both construction and industrial sectors across the People's Republic of China. The company's business is segmented into three principal areas: Industrial Aluminium Profiles, Construction Aluminium Profiles, and an 'All Other' segment. The Industrial division concentrates on producing and supplying standard, unembellished aluminum profiles designed for various industrial applications. In contrast, the Construction Aluminium Profiles segment fabricates and distributes aluminum profiles that undergo specialized surface treatments, including anodic oxidation, electrophoresis, powder coating, and PVDF coating, for use in architectural and decorative purposes. The 'All Other' segment encompasses a diverse array of activities, such as offering service contracts related to aluminum products, dealing in both commercial and residential properties, and trading in aluminum panels, alloys, molds, and spare parts. Additionally, the company is involved in real estate development ventures. Founded in 1984, Xingfa Aluminium Holdings Limited is headquartered in Foshan, PRC.
Key statistics
Avg. volume
30.86K
Market cap
HK$2.20B
P/E Ratio
3.56
Price-to-sales ratio
0.09
Enterprise value
CN¥5.36B
Free cash flow yield
0.66%
Debt-to-equity ratio
0.89
Return on equity
8.48%
ROIC
0.40%
Beta
0.06
Dividend yield
9.54%
Last dividend
HK$0.50
Financial overview
Revenue
CN¥20.70B
Earnings per share
CN¥1.50
Free cash flow
CN¥316.58M
Net profit margin
2.52%
Gross margin
7.14%
EBITDA
CN¥1.37B
Revenue growth
9.79%
Similar securities
This is not an investment recommendation
How to buy Xingfa Aluminium from India
Indian residents can buy Xingfa Aluminium 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 Xingfa Aluminium and place an order
Find Xingfa Aluminium by name or by its ticker, 98, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Xingfa Aluminium trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xingfa Aluminium 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 Xingfa Aluminium from India
Trading and taxes when buying Xingfa Aluminium 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. Xingfa Aluminium’s current yield is 9.54%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Xingfa Aluminium stock?
Yes. Xingfa Aluminium (98) has been listed on the Hong Kong Stock Exchange since 2008, in the Aluminum 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 Xingfa Aluminium share cost in rupees?
One Xingfa Aluminium share is HK$5.24 — about ₹64 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Xingfa Aluminium 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 Xingfa Aluminium 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 Xingfa Aluminium?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Xingfa Aluminium 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 Xingfa Aluminium price. Paasa issues a capital-gains statement for your return.
Does Xingfa Aluminium pay a dividend, and how is it taxed in India?
Yes. Xingfa Aluminium pays a dividend and the current yield is 9.54%; the last declared dividend was HK$0.50 per share, about ₹6.12. 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 Xingfa Aluminium 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 Xingfa Aluminium a Hong Kong SAR China company, and does that change how it is taxed?
Xingfa Aluminium trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Xingfa Aluminium trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Xingfa Aluminium 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 Xingfa Aluminium holding, its cost and its closing value.
How do I sell Xingfa Aluminium 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.