China Telecom Corporation Limited
China Telecom Corporation Limited (HKSE: 728) is trading at HK$4.39, about ₹54 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.45% today. Indian residents can buy China Telecom from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$4.34
Today's high
HK$4.41
52 week low
HK$4.24
52 week high
HK$6.08
728 opened at HK$4.41, closed previously at HK$4.41, and has traded between HK$4.24 and HK$6.08 over the past 52 weeks.
About
China Telecom Corporation Limited, along with its various subsidiaries, primarily provides an extensive range of fixed-line and mobile telecommunication services throughout the People's Republic of China. Its offerings include traditional wireline voice communications, encompassing local and long-distance calls, alongside CDMA mobile voice services that cover local, national, and international calls, as well as different roaming capabilities. The company also furnishes wireline internet access, from dial-up to high-speed broadband, and a diverse array of value-added services across its wireline, internet, and mobile platforms. Furthermore, China Telecom delivers integrated information application services, such as its Best Tone platform, and sophisticated information technology-based solutions. These IT services span system integration, outsourcing, specialized consulting, information application, knowledge management, and software development. It additionally offers managed data services, including digital data network, frame relay, and asynchronous transfer mode solutions, tailored for government bodies, major corporations, and institutions, along with leased line services. The company also handles the sale, repair, and maintenance of customer-end equipment. Its operations extend to international telecommunications, cloud-based products and services, e-commerce, music production and associated information, instant messaging, and capital and financial management services. Moreover, China Telecom engages in the sale of telecommunications terminals and related equipment. As of December 31, 2021, the company reported approximately 372 million mobile subscribers, 170 million wireline broadband subscribers, and 107 million active access lines. Established in 2002, China Telecom is headquartered in Wan Chai, Hong Kong, and functions as a subsidiary of China Telecommunications Corporation.
Key statistics
Avg. volume
68.37M
Market cap
HK$503.11B
P/E Ratio
19.16
Price-to-sales ratio
1.10
Enterprise value
CN¥562.20B
Free cash flow yield
12.16%
Debt-to-equity ratio
0.13
Return on equity
6.40%
ROIC
4.16%
Beta
0.55
Dividend yield
4.08%
Last dividend
HK$0.29
Financial overview
Revenue
CN¥509.62B
Earnings per share
CN¥0.35
Free cash flow
CN¥52.43B
Net profit margin
5.79%
Gross margin
28.08%
EBITDA
CN¥140.44B
Revenue growth
-3.74%
Similar securities
This is not an investment recommendation
How to buy China Telecom from India
Indian residents can buy China Telecom 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 Telecom and place an order
Find China Telecom by name or by its ticker, 728, 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 Telecom trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Telecom 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 Telecom from India
Trading and taxes when buying China Telecom 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 Telecom’s current yield is 4.08%.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 China Telecom stock?
Yes. China Telecom (728) has been listed on the Hong Kong Stock Exchange since 2002, in the Telecommunications Services 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 Telecom share cost in rupees?
One China Telecom share is HK$4.39 — about ₹54 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the China Telecom 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 Telecom 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 Telecom?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Telecom 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 Telecom price. Paasa issues a capital-gains statement for your return.
Does China Telecom pay a dividend, and how is it taxed in India?
Yes. China Telecom pays a dividend and the current yield is 4.08%; the last declared dividend was HK$0.29 per share, about ₹3.54. 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 Telecom 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 China Telecom a Hong Kong SAR China company, and does that change how it is taxed?
China Telecom trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Telecom 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 China Telecom 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 Telecom holding, its cost and its closing value.
How do I sell China Telecom 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.