Dongyue Group Limited
Dongyue Group Limited (HKSE: 189) is trading at HK$11.05, about ₹135 at today's HKD/INR rate, as of 30 Sep 2026, 3:35 AM ET, down 0.63% today. Indian residents can buy Dongyue from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$10.91
Today's high
HK$11.13
52 week low
HK$9.42
52 week high
HK$23.74
189 opened at HK$11.03, closed previously at HK$11.12, and has traded between HK$9.42 and HK$23.74 over the past 52 weeks.
About
Dongyue Group Limited functions as an investment holding company, primarily engaged in the production, distribution, and sale of a diverse range of chemical substances. Operating predominantly within the People's Republic of China, its core product offerings include polymers, organic silicones, refrigerants, and industrial chemicals such as dichloromethane, polyvinyl chloride (PVC), and liquid alkali. The company's operations are segmented into distinct divisions: Polymers, Refrigerants, Organic Silicone, Dichloromethane/PVC and Liquid Alkali, Property Development, and Other Operations. Its comprehensive chemical portfolio extends to fluoride fine chemicals, various chloride and alkali compounds, fluoride salt and acid products, polytetrafluoroethylene, methane chloride, anhydrous fluoride, fluorite, silicon rubber, fluoropolymers, ammonium bifluoride, hydrofluoric acid, and bromine derivatives. Beyond its core chemical manufacturing, Dongyue also participates in residential property development and provides environmental services, specifically sewage treatment and monitoring. While its headquarters are located in Zibo, People's Republic of China (where it was established in 1987), the Group maintains a significant international footprint, conducting business across numerous countries including Japan, South Korea, India, Singapore, Thailand, the United Arab Emirates, Pakistan, Malaysia, Kuwait, Saudi Arabia, Indonesia, Israel, the Philippines, Vietnam, and Turkey, among other global markets.
Key statistics
Avg. volume
41.26M
Market cap
HK$19.15B
P/E Ratio
8.59
Price-to-sales ratio
1.10
Enterprise value
CN¥11.30B
Free cash flow yield
12.53%
Debt-to-equity ratio
0.00
Return on equity
11.41%
ROIC
9.27%
Beta
1.32
Dividend yield
2.71%
Last dividend
HK$0.30
Financial overview
Revenue
CN¥14.36B
Earnings per share
CN¥0.98
Free cash flow
CN¥2.04B
Net profit margin
12.64%
Gross margin
35.08%
EBITDA
CN¥3.59B
Revenue growth
1.23%
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This is not an investment recommendation
How to buy Dongyue from India
Indian residents can buy Dongyue 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 Dongyue and place an order
Find Dongyue by name or by its ticker, 189, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Dongyue trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Dongyue 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 Dongyue from India
Trading and taxes when buying Dongyue 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. Dongyue’s current yield is 2.71%.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 Dongyue stock?
Yes. Dongyue (189) has been listed on the Hong Kong Stock Exchange since 2007, in the Chemicals - Specialty 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 Dongyue share cost in rupees?
One Dongyue share is HK$11.05 — about ₹135 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Dongyue 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 Dongyue 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 Dongyue?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Dongyue 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 Dongyue price. Paasa issues a capital-gains statement for your return.
Does Dongyue pay a dividend, and how is it taxed in India?
Yes. Dongyue pays a dividend and the current yield is 2.71%; the last declared dividend was HK$0.30 per share, about ₹3.67. 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 Dongyue 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 Dongyue a Hong Kong SAR China company, and does that change how it is taxed?
Dongyue trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Dongyue 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 Dongyue 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 Dongyue holding, its cost and its closing value.
How do I sell Dongyue 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.