Hong Kong Economic Times Holdings Limited
Hong Kong Economic Times Holdings Limited (HKSE: 423) is trading at HK$0.62, about ₹8 at today's HKD/INR rate, as of 25 Sep 2026, 2:20 AM ET. Indian residents can buy Hong Kong Economic Times from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.62
Today's high
HK$0.62
52 week low
HK$0.62
52 week high
HK$0.85
423 opened at HK$0.62, closed previously at HK$0.62, and has traded between HK$0.62 and HK$0.85 over the past 52 weeks.
About
Hong Kong Economic Times Holdings Limited operates primarily in Hong Kong as a diversified multimedia enterprise and an investment holding company. Its operations are structured into two principal divisions: Media, and Financial News Agency, Information, and Solutions. The Media segment is involved in the printing and publication of newspapers, magazines, and books, in addition to managing digital platforms focusing on recruitment, finance, and lifestyle content. The Financial News Agency, Information, and Solutions segment delivers electronic data and solutions for the financial and property markets, providing subscription-based information services, customized solutions, and ongoing maintenance. Furthermore, the company offers recruitment advertising and training services, facilitates equities and derivatives trading, operates a dedicated computer software research and development center, manages an online health portal, and holds property assets. Established in 1988, the company's headquarters are located in North Point, Hong Kong.
Key statistics
Avg. volume
79.59K
Market cap
HK$267.59M
P/E Ratio
-6.22
Price-to-sales ratio
0.37
Enterprise value
HK$48.89M
Free cash flow yield
-1.73%
Debt-to-equity ratio
0.00
Return on equity
-5.76%
ROIC
-5.56%
Beta
0.07
Dividend yield
11.29%
Last dividend
HK$0.07
Financial overview
Revenue
HK$720.68M
Earnings per share
-HK$0.10
Free cash flow
-HK$4.62M
Net profit margin
-5.96%
Gross margin
43.56%
EBITDA
-HK$7.94M
Revenue growth
-10.33%
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This is not an investment recommendation
How to buy Hong Kong Economic Times from India
Indian residents can buy Hong Kong Economic Times 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 Economic Times and place an order
Find Hong Kong Economic Times by name or by its ticker, 423, 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 Economic Times 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 Economic Times 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 Economic Times from India
Trading and taxes when buying Hong Kong Economic Times 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 Economic Times’ current yield is 11.29%.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 Economic Times stock?
Yes. Hong Kong Economic Times (423) has been listed on the Hong Kong Stock Exchange since 2005, in the Publishing 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 Economic Times share cost in rupees?
One Hong Kong Economic Times share is HK$0.62 — about ₹8 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Hong Kong Economic Times 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 Economic Times 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 Economic Times?
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 Economic Times 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 Economic Times price. Paasa issues a capital-gains statement for your return.
Does Hong Kong Economic Times pay a dividend, and how is it taxed in India?
Yes. Hong Kong Economic Times pays a dividend and the current yield is 11.29%; the last declared dividend was HK$0.07 per share, about ₹0.86. 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 Economic Times 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 Economic Times shares held from India?
Hong Kong has no estate duty.
Do I have to declare Hong Kong Economic Times 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 Economic Times holding, its cost and its closing value.
How do I sell Hong Kong Economic Times 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.