Hong Kong Exchanges and Clearing Limited
Hong Kong Exchanges and Clearing Limited (HKSE: 388) is trading at HK$388.60, about ₹4,755 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 0.05% today. Indian residents can buy Hong Kong Exchanges and Clearing from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$388.20
Today's high
HK$392.40
52 week low
HK$360.00
52 week high
HK$460.20
388 opened at HK$388.40, closed previously at HK$388.40, and has traded between HK$360.00 and HK$460.20 over the past 52 weeks.
About
Hong Kong Exchanges and Clearing Limited (HKEX), a leading financial infrastructure group, oversees and operates significant stock and futures exchanges and their associated clearing houses across Hong Kong, mainland China, and the United Kingdom. Its business is organized into five core segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology. The Cash segment facilitates trading of diverse equity products on the cash market platforms of the Hong Kong, Shanghai, and Shenzhen Stock Exchanges, additionally selling market data and managing related activities. The Equity and Financial Derivatives segment offers and maintains trading platforms for a broad spectrum of products, including stock and equity index futures and options, derivative warrants, and callable bull/bear contracts, alongside providing relevant market data. The Commodities segment manages a UK-based exchange for trading base, ferrous, and precious metals futures and options, and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in mainland China. It also handles commodity contracts on its Futures Exchange. The Post Trade segment provides critical clearing house services, covering clearing, settlement, depository, custodian, and nominee functions. Finally, the Technology segment ensures user access to platforms and underlying infrastructure through various service offerings. The company serves both issuers and investors and is headquartered in Central, Hong Kong.
Key statistics
Avg. volume
4.14M
Market cap
HK$491.20B
P/E Ratio
24.83
Price-to-sales ratio
15.45
Enterprise value
HK$316.07B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.02
Return on equity
34.73%
ROIC
3.47%
Beta
0.93
Dividend yield
3.59%
Last dividend
HK$13.95
Financial overview
Revenue
HK$29.16B
Earnings per share
HK$14.05
Free cash flow
HK$20.96B
Net profit margin
62.30%
Gross margin
85.95%
EBITDA
HK$22.82B
Revenue growth
68.11%
Similar securities
This is not an investment recommendation
How to buy Hong Kong Exchanges and Clearing from India
Indian residents can buy Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing and place an order
Find Hong Kong Exchanges and Clearing by name or by its ticker, 388, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Hong Kong Exchanges and Clearing trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing from India
Trading and taxes when buying Hong Kong Exchanges and Clearing 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. Hong Kong Exchanges and Clearing’s current yield is 3.59%.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 Hong Kong Exchanges and Clearing stock?
Yes. Hong Kong Exchanges and Clearing (388) has been listed on the Hong Kong Stock Exchange since 2000, in the Financial - Data & Stock Exchanges 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 Hong Kong Exchanges and Clearing share cost in rupees?
One Hong Kong Exchanges and Clearing share is HK$388.60 — about ₹4,755 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing price. Paasa issues a capital-gains statement for your return.
Does Hong Kong Exchanges and Clearing pay a dividend, and how is it taxed in India?
Yes. Hong Kong Exchanges and Clearing pays a dividend and the current yield is 3.59%; the last declared dividend was HK$13.95 per share, about ₹170.69. 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 Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing shares held from India?
Hong Kong has no estate duty.
Do I have to declare Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing holding, its cost and its closing value.
How do I sell Hong Kong Exchanges and Clearing 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.