Tungtex (Holdings) Company Limited
Tungtex (Holdings) Company Limited (HKSE: 518) is trading at HK$0.16, about ₹2 at today's HKD/INR rate, as of 28 Sep 2026, 3:55 AM ET, up 4.52% today. Indian residents can buy Tungtex (Holdings) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.15
Today's high
HK$0.16
52 week low
HK$0.15
52 week high
HK$0.29
518 opened at HK$0.16, closed previously at HK$0.16, and has traded between HK$0.15 and HK$0.29 over the past 52 weeks.
About
Tungtex (Holdings) Company Limited operates as an investment holding company, primarily engaged in the global garment industry. Its operations span the manufacturing, distribution, retail, and international trade of apparel, reaching markets across North America, Asia, and Europe. The firm's extensive product offerings include ladies' sportswear, casual wear, and tailored suit pieces, along with a wide array of women's professional and casual attire. These items are supplied to a diverse clientele, encompassing major department stores, chain retailers, specialized boutiques, catalog operations, and exclusive designer brands. Their garments are crafted from various materials such as silk blends, linen, cotton, and synthetic fabrics. Beyond textiles, the company also engages in property investment. By March 31, 2022, Tungtex oversaw a retail footprint of 177 Betu-brand outlets in China. The company was established in 1977, with its main office located in Kwun Tong, Hong Kong.
Key statistics
Avg. volume
55.11K
Market cap
HK$73.07M
P/E Ratio
-4.88
Price-to-sales ratio
0.13
Enterprise value
-HK$99.98M
Free cash flow yield
30.60%
Debt-to-equity ratio
0.18
Return on equity
-3.92%
ROIC
-4.55%
Beta
0.41
Dividend yield
3.09%
Last dividend
HK$0.01
Financial overview
Revenue
HK$567.02M
Earnings per share
-HK$0.03
Free cash flow
HK$26.22M
Net profit margin
-2.64%
Gross margin
18.85%
EBITDA
-HK$12.14M
Revenue growth
-15.30%
Similar securities
This is not an investment recommendation
How to buy Tungtex (Holdings) from India
Indian residents can buy Tungtex (Holdings) 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 Tungtex (Holdings) and place an order
Find Tungtex (Holdings) by name or by its ticker, 518, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Tungtex (Holdings) trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tungtex (Holdings) 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 Tungtex (Holdings) from India
Trading and taxes when buying Tungtex (Holdings) 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. Tungtex (Holdings)’s current yield is 3.09%.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 Tungtex (Holdings) stock?
Yes. Tungtex (Holdings) (518) has been listed on the Hong Kong Stock Exchange since 1988, in the Apparel - Manufacturers 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 Tungtex (Holdings) share cost in rupees?
One Tungtex (Holdings) share is HK$0.16 — about ₹2 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Tungtex (Holdings) 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 Tungtex (Holdings) 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 Tungtex (Holdings)?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Tungtex (Holdings) 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 Tungtex (Holdings) price. Paasa issues a capital-gains statement for your return.
Does Tungtex (Holdings) pay a dividend, and how is it taxed in India?
Yes. Tungtex (Holdings) pays a dividend and the current yield is 3.09%; the last declared dividend was HK$0.01 per share, about ₹0.06. 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 Tungtex (Holdings) 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 Tungtex (Holdings) shares held from India?
Hong Kong has no estate duty.
Do I have to declare Tungtex (Holdings) 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 Tungtex (Holdings) holding, its cost and its closing value.
How do I sell Tungtex (Holdings) 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.