Infinity Development Holdings Company Limited
Infinity Development Holdings Company Limited (HKSE: 640) is trading at HK$2.30, about ₹28 at today's HKD/INR rate, as of 29 Sep 2026, 10:34 PM ET, down 0.22% today. Indian residents can buy Infinity Development Holdings from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.30
Today's high
HK$2.30
52 week low
HK$2.25
52 week high
HK$2.95
640 opened at HK$2.30, closed previously at HK$2.31, and has traded between HK$2.25 and HK$2.95 over the past 52 weeks.
About
Infinity Development Holdings Company Limited, an investment holding firm, primarily focuses on the production and distribution of various adhesive products. These include primers, hardeners, and specialized adhesives for vulcanized shoes, which are supplied to footwear manufacturers in major markets like the People's Republic of China, Vietnam, Indonesia, and Bangladesh. Beyond manufacturing, the company is actively involved in trading raw materials and adhesives, as well as offering a range of other chemical products for industrial applications. Its operations also extend to providing agency and administrative support services, alongside the processing and packaging of its adhesive offerings. Established in 1987, the company is headquartered in Macau. It was previously known as Infinity Chemical Holdings Company Limited before rebranding to its current name in February 2016. Infinity Development Holdings Company Limited operates as a subsidiary of All Reach Investments Limited.
Key statistics
Avg. volume
213.79K
Market cap
HK$713.57M
P/E Ratio
5.90
Price-to-sales ratio
0.86
Enterprise value
HK$379.64M
Free cash flow yield
12.12%
Debt-to-equity ratio
0.01
Return on equity
19.45%
ROIC
19.22%
Beta
0.20
Dividend yield
7.91%
Last dividend
HK$0.18
Financial overview
Revenue
HK$835.15M
Earnings per share
HK$0.43
Free cash flow
HK$83.28M
Net profit margin
13.83%
Gross margin
37.47%
EBITDA
HK$148.92M
Revenue growth
13.42%
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This is not an investment recommendation
How to buy Infinity Development Holdings from India
Indian residents can buy Infinity Development 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 Infinity Development Holdings and place an order
Find Infinity Development Holdings by name or by its ticker, 640, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Infinity Development Holdings trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Infinity Development 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 Infinity Development Holdings from India
Trading and taxes when buying Infinity Development 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. Infinity Development Holdings’ current yield is 7.91%.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 Infinity Development Holdings stock?
Yes. Infinity Development Holdings (640) has been listed on the Hong Kong Stock Exchange since 2010, 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 Infinity Development Holdings share cost in rupees?
One Infinity Development Holdings share is HK$2.30 — about ₹28 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Infinity Development 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 Infinity Development 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 Infinity Development Holdings?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Infinity Development 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 Infinity Development Holdings price. Paasa issues a capital-gains statement for your return.
Does Infinity Development Holdings pay a dividend, and how is it taxed in India?
Yes. Infinity Development Holdings pays a dividend and the current yield is 7.91%; the last declared dividend was HK$0.18 per share, about ₹2.23. 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 Infinity Development 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 Infinity Development Holdings a Hong Kong SAR China company, and does that change how it is taxed?
Infinity Development Holdings trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in Macao SAR China. Infinity Development Holdings 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 Infinity Development 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 Infinity Development Holdings holding, its cost and its closing value.
How do I sell Infinity Development 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.