Midea Group
Midea Group (HKSE: 300) is trading at HK$95.35, about ₹1,168 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.35% today. Indian residents can buy Midea from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$94.65
Today's high
HK$96.65
52 week low
HK$77.65
52 week high
HK$101.70
300 opened at HK$96.65, closed previously at HK$96.65, and has traded between HK$77.65 and HK$101.70 over the past 52 weeks.
About
Midea Group Co., Ltd. and its various subsidiaries are a global powerhouse, engaged in the production and distribution of both household appliances and advanced robotic and automation technologies across China and internationally. Its operations are strategically organized into four key divisions: HVAC (heating, ventilation, and air conditioning), Consumer Appliances, Robotics and Automation Systems, and a diverse "Others" category. The company's extensive product portfolio encompasses a wide array of offerings, including residential and commercial air conditioning units, comprehensive heating and ventilation solutions, kitchen essentials, refrigerators, washing machines, and numerous small household devices. Beyond consumer goods, Midea also supplies elevators, variable frequency drives, medical imaging equipment, and advanced robotics and automation systems. Furthermore, Midea is a significant provider of vital core components, such as compressors, electric motors, semiconductor chips, valves, reducers, automotive parts, and sophisticated motion control and automation technologies. They also produce high and low-voltage variable frequency drives, energy storage units, and cooling modules, distributed under established brands like GMCC, Welling, CLOU Electronics, HICONICS, SERVOTRONIX, MR, MOTINOVA, MSCT, TOSHIBA, and SUNYE. The group extends its expertise to provide integrated building solutions and is involved in cutting-edge industrial robotics, automated logistics systems, and transmission technologies designed for advanced manufacturing environments. Midea delivers specialized solutions for sectors like healthcare, entertainment, and emerging consumption trends, alongside comprehensive smart supply chain management services. The company also participates in the trade, wholesale, and processing of raw materials specifically for the electrical appliance industry, and offers a suite of financial services, including customer deposits, interbank lending and borrowing, consumer credit, buyer's credit, and finance leasing. Moreover, the company develops and implements Internet of Things (IoT) solutions to enhance the intelligence of its appliances. Established in 1968, Midea Group Co., Ltd. maintains its headquarters in Foshan, China.
Key statistics
Avg. volume
6.34M
Market cap
HK$719.00B
P/E Ratio
13.97
Price-to-sales ratio
1.32
Enterprise value
CN¥664.49B
Free cash flow yield
8.08%
Debt-to-equity ratio
0.62
Return on equity
19.96%
ROIC
10.16%
Beta
0.48
Dividend yield
5.15%
Last dividend
HK$4.91
Financial overview
Revenue
CN¥458.50B
Earnings per share
CN¥5.80
Free cash flow
CN¥42.20B
Net profit margin
9.50%
Gross margin
26.47%
EBITDA
CN¥64.64B
Revenue growth
12.08%
Similar securities
This is not an investment recommendation
How to buy Midea from India
Indian residents can buy Midea 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 Midea and place an order
Find Midea by name or by its ticker, 300, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Midea trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Midea 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 Midea from India
Trading and taxes when buying Midea 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. Midea’s current yield is 5.15%.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 Midea stock?
Yes. Midea (300) has been listed on the Hong Kong Stock Exchange since 2024, in the Furnishings, Fixtures & Appliances 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 Midea share cost in rupees?
One Midea share is HK$95.35 — about ₹1,168 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Midea 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 Midea 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 Midea?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Midea 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 Midea price. Paasa issues a capital-gains statement for your return.
Does Midea pay a dividend, and how is it taxed in India?
Yes. Midea pays a dividend and the current yield is 5.15%; the last declared dividend was HK$4.91 per share, about ₹60.19. 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 Midea 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 Midea a Hong Kong SAR China company, and does that change how it is taxed?
Midea trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Midea 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 Midea 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 Midea holding, its cost and its closing value.
How do I sell Midea 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.