China Railway Group Limited
China Railway Group Limited (HKSE: 390) is trading at HK$3.22, about ₹39 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 1.74% today. Indian residents can buy China Railway from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$3.16
Today's high
HK$3.23
52 week low
HK$3.11
52 week high
HK$5.28
390 opened at HK$3.18, closed previously at HK$3.17, and has traded between HK$3.11 and HK$5.28 over the past 52 weeks.
About
China Railway Group Limited, along with its various subsidiaries, operates as a comprehensive construction and engineering enterprise throughout mainland China, Hong Kong, and Macau. The company's diverse operations are organized into several key divisions. Its primary Infrastructure Construction segment undertakes the development of a broad spectrum of projects, including rail networks, highways, bridges, tunnels, urban rapid transit systems, buildings, irrigation works, hydroelectric power plants, port facilities, airports, and various municipal public works. The Survey, Design, and Consulting Services unit provides expert services ranging from initial surveys, architectural and engineering design, and professional consultation to research and development, feasibility studies, and compliance certification for infrastructure ventures. Through its Engineering Equipment and Component Manufacturing division, the company focuses on designing, innovating, producing, and distributing railway turnouts, bridge steel structures, other rail-related equipment, heavy engineering machinery, and construction materials. Additionally, the Property Development arm is actively involved in the creation, sale, and management of both residential and commercial real estate. The Other Businesses segment encompasses supplementary activities such as mining, financial services, the operation of service concession agreements, merchandise trading, and other auxiliary ventures. China Railway Group Limited was founded in 1950 and maintains its corporate headquarters in Beijing, China.
Key statistics
Avg. volume
24.80M
Market cap
HK$113.73B
P/E Ratio
5.48
Price-to-sales ratio
0.10
Enterprise value
CN¥359.55B
Free cash flow yield
-33.94%
Debt-to-equity ratio
2.22
Return on equity
6.17%
ROIC
3.30%
Beta
0.38
Dividend yield
3.88%
Last dividend
HK$0.19
Financial overview
Revenue
CN¥1.09T
Earnings per share
CN¥0.85
Free cash flow
-CN¥31.51B
Net profit margin
1.87%
Gross margin
9.44%
EBITDA
CN¥66.60B
Revenue growth
-5.76%
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This is not an investment recommendation
How to buy China Railway from India
Indian residents can buy China Railway 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 Railway and place an order
Find China Railway by name or by its ticker, 390, 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 Railway trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Railway 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 Railway from India
Trading and taxes when buying China Railway 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 Railway’s current yield is 3.88%.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 China Railway stock?
Yes. China Railway (390) has been listed on the Hong Kong Stock Exchange since 2007, in the Engineering & Construction 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 Railway share cost in rupees?
One China Railway share is HK$3.22 — about ₹39 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the China Railway 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 Railway 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 Railway?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Railway 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 Railway price. Paasa issues a capital-gains statement for your return.
Does China Railway pay a dividend, and how is it taxed in India?
Yes. China Railway pays a dividend and the current yield is 3.88%; the last declared dividend was HK$0.19 per share, about ₹2.31. 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 China Railway 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 China Railway a Hong Kong SAR China company, and does that change how it is taxed?
China Railway trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Railway 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 China Railway 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 Railway holding, its cost and its closing value.
How do I sell China Railway 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.