CTF Services Limited
CTF Services Limited (HKSE: 659) is trading at HK$8.51, about ₹104 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 1.31% today. Indian residents can buy CTF Services from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$8.40
Today's high
HK$8.57
52 week low
HK$7.32
52 week high
HK$9.57
659 opened at HK$8.40, closed previously at HK$8.40, and has traded between HK$7.32 and HK$9.57 over the past 52 weeks.
About
NWS Holdings Limited, an investment holding entity, primarily focuses on the investment, development, and management of toll road infrastructure across Hong Kong, mainland China, and other international markets. The company's operations are diversified across several key segments: Roads, Aviation, Construction, Insurance, Logistics, Facilities Management, and Strategic Investments. Beyond its core road ventures, NWS Holdings delivers extensive construction services, covering commercial, residential, governmental, and institutional projects. This includes specialized areas like construction management, foundation work, piling, ground investigation, and civil engineering. Furthermore, its portfolio encompasses life, accident, and health insurance products, alongside the leasing of commercial aircraft. The company is also deeply involved in the management and operation of various venues, hosting exhibitions, conventions, meetings, entertainment events, banquets, and catering services. Its retail footprint includes duty-free sales of tobacco, liquor, perfumes, cosmetics, packaged foods, and general merchandise. Complementary services extend to property agency, management, consultancy, financing, carpark management, and general management consultation. Established in 1997 and based in Central, Hong Kong, the company was initially named Pacific Ports Co Limited before adopting its current identity, NWS Holdings Limited, in January 2003. NWS Holdings Limited functions as a subsidiary of New World Development Company Limited.
Key statistics
Avg. volume
1.44M
Market cap
HK$38.85B
P/E Ratio
16.06
Price-to-sales ratio
1.43
Enterprise value
HK$55.58B
Free cash flow yield
7.01%
Debt-to-equity ratio
0.94
Return on equity
6.55%
ROIC
2.70%
Beta
0.46
Dividend yield
7.40%
Last dividend
HK$0.63
Financial overview
Revenue
HK$27.10B
Earnings per share
HK$0.53
Free cash flow
HK$4.58B
Net profit margin
9.49%
Gross margin
26.77%
EBITDA
HK$8.04B
Revenue growth
11.59%
Similar securities
This is not an investment recommendation
How to buy CTF Services from India
Indian residents can buy CTF Services 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 CTF Services and place an order
Find CTF Services by name or by its ticker, 659, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. CTF Services trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your CTF Services 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 CTF Services from India
Trading and taxes when buying CTF Services 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. CTF Services’ current yield is 7.40%.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 CTF Services stock?
Yes. CTF Services (659) has been listed on the Hong Kong Stock Exchange since 2003, in the Engineering & Construction 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 CTF Services share cost in rupees?
One CTF Services share is HK$8.51 — about ₹104 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the CTF Services 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 CTF Services 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 CTF Services?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on CTF Services 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 CTF Services price. Paasa issues a capital-gains statement for your return.
Does CTF Services pay a dividend, and how is it taxed in India?
Yes. CTF Services pays a dividend and the current yield is 7.40%; the last declared dividend was HK$0.63 per share, about ₹7.71. 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 CTF Services 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 CTF Services shares held from India?
Hong Kong has no estate duty.
Do I have to declare CTF Services 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 CTF Services holding, its cost and its closing value.
How do I sell CTF Services 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.