Yip's Chemical Holdings Limited
Yip's Chemical Holdings Limited (HKSE: 408) is trading at HK$2.64, about ₹32 at today's HKD/INR rate, as of 30 Sep 2026, 1:30 AM ET, down 0.38% today. Indian residents can buy Yip's Chemical from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.64
Today's high
HK$2.64
52 week low
HK$1.77
52 week high
HK$2.75
408 opened at HK$2.64, closed previously at HK$2.65, and has traded between HK$1.77 and HK$2.75 over the past 52 weeks.
About
Yip's Chemical Holdings Limited operates as an investment holding company, engaging in the manufacturing and worldwide distribution of petrochemical products across mainland China, Hong Kong, and other international regions. Its operations are organized into five distinct divisions: Solvents, Coatings, Inks, Lubricants, and Properties. The Solvents segment is responsible for producing industrial organic solvents, including ethyl acetate, various butyl acetates, ethanol, and butyl acrylate, which are crucial components for industries such as coatings, tannery, pharmaceuticals, and adhesives. The Coatings segment offers a broad spectrum of architectural coatings, encompassing both interior and exterior wall paints, water-based emulsion, and wood finishes for residential use. It also manufactures industrial coatings tailored for furniture, plastic goods, and mechanical products, alongside providing alkyd, acrylic, UV, amino, and water-based resins, as well as PU hardeners. This segment's products are branded as Camel, Aquapro, and VIVA. The Inks segment specializes in producing plastic and paper printing inks essential for food, beverage, and gift packaging, as well as for general paper printing applications. The Lubricants segment provides an extensive array of automotive and industrial lubricants, such as engine oils, antifreezes, system coolants, brake fluids, greases, gear oils, automatic transmission fluids, hydraulic oils, turbine oils, and circulating oils, primarily under the Hercules brand. Additionally, it offers specialty lubricants under the Pacoil brand, serving diverse industries including metal processing, automotive, home appliances, electronics, steel, toys, power generation, textiles, and various other manufacturing sectors. The Properties segment is dedicated to property investment. Beyond these core business lines, the company also participates in the trading of coatings, solvents, resins, inks, lubricants, and sanitizing products. Furthermore, it offers treasury and car maintenance services, and generates and sells electricity. Founded in 1971 and previously known as Hang Cheung Hong, Yip's Chemical Holdings Limited maintains its corporate headquarters in Wanchai, Hong Kong.
Key statistics
Avg. volume
174.13K
Market cap
HK$1.47B
P/E Ratio
6.95
Price-to-sales ratio
0.46
Enterprise value
HK$1.63B
Free cash flow yield
7.04%
Debt-to-equity ratio
0.32
Return on equity
3.42%
ROIC
0.46%
Beta
0.37
Dividend yield
7.58%
Last dividend
HK$0.16
Financial overview
Revenue
HK$2.99B
Earnings per share
HK$0.25
Free cash flow
HK$75.11M
Net profit margin
6.56%
Gross margin
26.40%
EBITDA
HK$182.91M
Revenue growth
-5.34%
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This is not an investment recommendation
How to buy Yip's Chemical from India
Indian residents can buy Yip's Chemical 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 Yip's Chemical and place an order
Find Yip's Chemical by name or by its ticker, 408, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Yip's Chemical trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Yip's Chemical 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 Yip's Chemical from India
Trading and taxes when buying Yip's Chemical 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. Yip's Chemical’s current yield is 7.58%.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 Yip's Chemical stock?
Yes. Yip's Chemical (408) has been listed on the Hong Kong Stock Exchange since 1991, in the Chemicals - Specialty 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 Yip's Chemical share cost in rupees?
One Yip's Chemical share is HK$2.64 — about ₹32 at an HKD/INR rate of 12.23 on 30 Sep 2026. Both the Yip's Chemical 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 Yip's Chemical 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 Yip's Chemical?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Yip's Chemical 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 Yip's Chemical price. Paasa issues a capital-gains statement for your return.
Does Yip's Chemical pay a dividend, and how is it taxed in India?
Yes. Yip's Chemical pays a dividend and the current yield is 7.58%; the last declared dividend was HK$0.16 per share, about ₹1.96. 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 Yip's Chemical 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 Yip's Chemical shares held from India?
Hong Kong has no estate duty.
Do I have to declare Yip's Chemical 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 Yip's Chemical holding, its cost and its closing value.
How do I sell Yip's Chemical 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.