China Overseas Land & Investment Ltd.
China Overseas Land & Investment Ltd. (HKSE: 688) is trading at HK$12.42, about ₹152 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.27% today. Indian residents can buy China Overseas Land & Investment from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$12.07
Today's high
HK$12.42
52 week low
HK$11.36
52 week high
HK$16.70
688 opened at HK$12.40, closed previously at HK$12.58, and has traded between HK$11.36 and HK$16.70 over the past 52 weeks.
About
China Overseas Land & Investment Limited, an investment holding company, engages in the property development, commercial property operations, and other businesses in the People's Republic of China and the United Kingdom. It is involved in the rental of properties; material procurement and supply chain management activities; issuance of guaranteed notes; property consultancy and real estate agency; and construction and building design consultancy activities. The company also provides loan financing and security investment services; operates hotels; and develops and sells properties. In addition, it engages in the investment and financing, land consolidation, regional planning, real estate development, engineering construction, industrial import, and property management businesses. Further, the company offers urban services, including office buildings, flexible working space, shopping malls, star-rated hotels, long-term rental apartments, logistics parks, and architectural design and construction. The company was incorporated in 1979 and is based in Central, Hong Kong. China Overseas Land & Investment Limited is a subsidiary of China Overseas Holdings Limited.
Key statistics
Avg. volume
29.08M
Market cap
HK$135.94B
P/E Ratio
10.51
Price-to-sales ratio
0.63
Enterprise value
CN¥232.53B
Free cash flow yield
24.90%
Debt-to-equity ratio
0.60
Return on equity
2.82%
ROIC
1.50%
Beta
0.59
Dividend yield
3.86%
Last dividend
HK$0.48
Financial overview
Revenue
CN¥168.02B
Earnings per share
CN¥1.16
Free cash flow
CN¥9.73B
Net profit margin
6.01%
Gross margin
14.67%
EBITDA
CN¥18.38B
Revenue growth
-9.25%
Similar securities
This is not an investment recommendation
How to buy China Overseas Land & Investment from India
Indian residents can buy China Overseas Land & Investment 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 China Overseas Land & Investment and place an order
Find China Overseas Land & Investment by name or by its ticker, 688, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Overseas Land & Investment trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Overseas Land & Investment 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 China Overseas Land & Investment from India
Trading and taxes when buying China Overseas Land & Investment 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. China Overseas Land & Investment’s current yield is 3.86%.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 China Overseas Land & Investment stock?
Yes. China Overseas Land & Investment (688) has been listed on the Hong Kong Stock Exchange since 1992, 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 China Overseas Land & Investment share cost in rupees?
One China Overseas Land & Investment share is HK$12.42 — about ₹152 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the China Overseas Land & Investment 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 China Overseas Land & Investment 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 China Overseas Land & Investment?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Overseas Land & Investment 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 China Overseas Land & Investment price. Paasa issues a capital-gains statement for your return.
Does China Overseas Land & Investment pay a dividend, and how is it taxed in India?
Yes. China Overseas Land & Investment pays a dividend and the current yield is 3.86%; the last declared dividend was HK$0.48 per share, about ₹5.87. 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 China Overseas Land & Investment 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 China Overseas Land & Investment shares held from India?
Hong Kong has no estate duty.
Do I have to declare China Overseas Land & Investment 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 China Overseas Land & Investment holding, its cost and its closing value.
How do I sell China Overseas Land & Investment 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.