Wing On Company International Limited
Wing On Company International Limited (HKSE: 289) is trading at HK$13.03, about ₹159 at today's HKD/INR rate, as of 25 Sep 2026, 3:03 AM ET, down 1.96% today. Indian residents can buy Wing On Company International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$13.03
Today's high
HK$13.06
52 week low
HK$12.50
52 week high
HK$15.60
289 opened at HK$13.06, closed previously at HK$13.29, and has traded between HK$12.50 and HK$15.60 over the past 52 weeks.
About
Wing On Company International Limited conducts its main business through department store operations across Hong Kong, mainland China, Australia, and the United States. The company's activities are broadly categorized into two principal divisions: retail department stores and property investment. Its department stores provide a wide range of merchandise, including electronics, kitchen and dining essentials, bedding and bath items, groceries, toys, products for children and babies, menswear, womenswear, activewear, various home sundries, footwear and handbags, personal care products, travel accessories, and cosmetics. Furthermore, Wing On Company is involved in leasing commercial properties, with its holdings located in Hong Kong, Australia, and the United States. The company also offers diversified services, which encompass securities trading, property management, and computer services. It possesses various trademarks and acts as a trustee for investment trusts. Customers can also purchase the company's products through its online channels. Founded in 1907, the company is based in Central, Hong Kong, and operates as a subsidiary of Wing On International Holdings Limited.
Key statistics
Avg. volume
20.49K
Market cap
HK$3.76B
P/E Ratio
-13.86
Price-to-sales ratio
4.34
Enterprise value
HK$1.67B
Free cash flow yield
6.23%
Debt-to-equity ratio
0.01
Return on equity
-1.66%
ROIC
0.74%
Beta
0.34
Dividend yield
8.98%
Last dividend
HK$1.17
Financial overview
Revenue
HK$851.97M
Earnings per share
-HK$1.14
Free cash flow
HK$182.86M
Net profit margin
-31.34%
Gross margin
52.35%
EBITDA
HK$190.05M
Revenue growth
-9.96%
Similar securities
This is not an investment recommendation
How to buy Wing On Company International from India
Indian residents can buy Wing On Company International 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 Wing On Company International and place an order
Find Wing On Company International by name or by its ticker, 289, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Wing On Company International trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Wing On Company International 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 Wing On Company International from India
Trading and taxes when buying Wing On Company International 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. Wing On Company International’s current yield is 8.98%.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 Wing On Company International stock?
Yes. Wing On Company International (289) has been listed on the Hong Kong Stock Exchange since 1991, in the Department Stores 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 Wing On Company International share cost in rupees?
One Wing On Company International share is HK$13.03 — about ₹159 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Wing On Company International 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 Wing On Company International 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 Wing On Company International?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Wing On Company International 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 Wing On Company International price. Paasa issues a capital-gains statement for your return.
Does Wing On Company International pay a dividend, and how is it taxed in India?
Yes. Wing On Company International pays a dividend and the current yield is 8.98%; the last declared dividend was HK$1.17 per share, about ₹14.31. 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 Wing On Company International 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 Wing On Company International shares held from India?
Hong Kong has no estate duty.
Do I have to declare Wing On Company International 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 Wing On Company International holding, its cost and its closing value.
How do I sell Wing On Company International 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.