China Gas Holdings Limited
China Gas Holdings Limited (HKSE: 384) is trading at HK$5.51, about ₹67 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 3.47% today. Indian residents can buy China Gas from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$5.27
Today's high
HK$5.51
52 week low
HK$5.17
52 week high
HK$8.85
384 opened at HK$5.31, closed previously at HK$5.33, and has traded between HK$5.17 and HK$8.85 over the past 52 weeks.
About
China Gas Holdings Limited operates as a leading gas utility and service provider across the People's Republic of China. The company's core activities involve the investment, construction, operation, and maintenance of comprehensive urban and regional gas pipeline networks, alongside gas terminals, storage, and transportation facilities, and integrated gas logistics systems. It delivers both natural gas and liquefied petroleum gas (LPG) to a wide array of residential, industrial, and commercial customers. Furthermore, China Gas builds and manages compressed natural gas (CNG) and liquefied natural gas (LNG) refueling stations. Beyond infrastructure, the company is engaged in developing technologies pertinent to natural gas and LPG. Its scope extends to investing in petrochemical storage and transport facilities, as well as the production and warehousing of LPG and chemical products such as propane and butane. The firm also participates in the exploration and production of coal bed methane (CBM) and offers administrative, management, and consultancy services for gas stations. Complementing its primary gas business, China Gas provides treasury, management, consultancy, and procurement services. It markets smart home solutions, functions as a gas insurance broker, and sells "Gasbo" brand gas heaters and kitchen appliances. The company is committed to clean energy development and investment, actively engages in the wholesale and trading of natural gas and liquefied natural gas, and sells electricity. Its product portfolio further includes gas meters, pressure regulators, corrugated pipes, gas alarms, and bottled gas. Additionally, the company is involved in the wholesale and retail of general household equipment, electric appliances, and kitchen appliances. As of March 31, 2022, China Gas served 19,808 industrial, 297,664 commercial, and an impressive 43,095,245 residential customers. At the same date, it managed a network of 533 CNG/LNG refilling stations. Incorporated in 1995, the company is headquartered in Wan Chai, Hong Kong.
Key statistics
Avg. volume
13.98M
Market cap
HK$30.02B
P/E Ratio
10.80
Price-to-sales ratio
0.41
Enterprise value
HK$92.72B
Free cash flow yield
3.53%
Debt-to-equity ratio
1.16
Return on equity
4.76%
ROIC
3.18%
Beta
1.14
Dividend yield
6.35%
Last dividend
HK$0.35
Financial overview
Revenue
HK$73.60B
Earnings per share
HK$0.50
Free cash flow
HK$1.36B
Net profit margin
3.69%
Gross margin
14.78%
EBITDA
HK$8.86B
Revenue growth
-7.13%
Similar securities
This is not an investment recommendation
How to buy China Gas from India
Indian residents can buy China Gas 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 China Gas and place an order
Find China Gas by name or by its ticker, 384, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Gas trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Gas 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 China Gas from India
Trading and taxes when buying China Gas 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. China Gas’ current yield is 6.35%.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 China Gas stock?
Yes. China Gas (384) has been listed on the Hong Kong Stock Exchange since 1995, in the Regulated Gas 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 China Gas share cost in rupees?
One China Gas share is HK$5.51 — about ₹67 at an HKD/INR rate of 12.23 on 30 Sep 2026. Both the China Gas 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 China Gas 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 China Gas?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Gas 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 China Gas price. Paasa issues a capital-gains statement for your return.
Does China Gas pay a dividend, and how is it taxed in India?
Yes. China Gas pays a dividend and the current yield is 6.35%; the last declared dividend was HK$0.35 per share, about ₹4.28. 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 China Gas 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 China Gas shares held from India?
Hong Kong has no estate duty.
Do I have to declare China Gas 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 China Gas holding, its cost and its closing value.
How do I sell China Gas 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.