Beijing North Star Company Limited
Beijing North Star Company Limited (HKSE: 588) is trading at HK$0.70, about ₹9 at today's HKD/INR rate, as of 30 Sep 2026, 1:20 AM ET. Indian residents can buy Beijing North Star from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.67
Today's high
HK$0.71
52 week low
HK$0.66
52 week high
HK$1.04
588 opened at HK$0.70, closed previously at HK$0.70, and has traded between HK$0.66 and HK$1.04 over the past 52 weeks.
About
Beijing North Star Co. Ltd. primarily focuses on real estate and hospitality ventures within mainland China. Its operations encompass the full spectrum of property activities, from land acquisition and development to leasing, investment, and management. The company constructs and markets a diverse portfolio of properties, including residential units, apartments, villas, office complexes, and commercial facilities. Beyond development, the firm manages and operates a variety of establishments such as hotels, serviced apartments, office buildings, dining venues, conference centers, and large-scale convention and exhibition facilities. Additionally, it offers food and beverage services, trading, and specialized services like multimedia information network development, system integration, software solutions, investment management, and consultancy for hotel and restaurant operations. Established in Beijing, People's Republic of China, in 1997, the company maintains its headquarters in the city.
Key statistics
Avg. volume
13.43M
Market cap
HK$5.08B
P/E Ratio
-2.73
Price-to-sales ratio
0.81
Enterprise value
CN¥10.90B
Free cash flow yield
45.84%
Debt-to-equity ratio
4.59
Return on equity
-44.58%
ROIC
0.79%
Beta
0.60
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥6.06B
Earnings per share
-CN¥0.89
Free cash flow
CN¥1.06B
Net profit margin
-37.97%
Gross margin
29.91%
EBITDA
-CN¥1.81B
Revenue growth
-15.27%
Similar securities
This is not an investment recommendation
How to buy Beijing North Star from India
Indian residents can buy Beijing North Star 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 Beijing North Star and place an order
Find Beijing North Star by name or by its ticker, 588, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Beijing North Star trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Beijing North Star position in HKD and INR. Beijing North Star pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Beijing North Star from India
Trading and taxes when buying Beijing North Star 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
- NoneBeijing North Star does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Beijing North Star stock?
Yes. Beijing North Star (588) has been listed on the Hong Kong Stock Exchange since 1997, in the Real Estate - Development 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 Beijing North Star share cost in rupees?
One Beijing North Star share is HK$0.70 — about ₹9 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Beijing North Star 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 Beijing North Star 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 Beijing North Star?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Beijing North Star 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 Beijing North Star price. Paasa issues a capital-gains statement for your return.
Does Beijing North Star pay a dividend?
No. Beijing North Star does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Beijing North Star 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 Beijing North Star a Hong Kong SAR China company, and does that change how it is taxed?
Beijing North Star trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Beijing North Star 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 Beijing North Star 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 Beijing North Star holding, its cost and its closing value.
How do I sell Beijing North Star 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.