Asia Cement (China) Holdings Corp.
Asia Cement (China) Holdings Corp. (HKSE: 743) is trading at HK$1.66, about ₹20 at today's HKD/INR rate, as of 30 Sep 2026, 2:21 AM ET, up 0.30% today. Indian residents can buy Asia Cement (China) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.63
Today's high
HK$1.69
52 week low
HK$1.62
52 week high
HK$2.70
743 opened at HK$1.69, closed previously at HK$1.65, and has traded between HK$1.62 and HK$2.70 over the past 52 weeks.
About
Asia Cement (China) Holdings Corporation, an investment holding company, manufactures and sells cement, concrete, and related products in the People's Republic of China. It operates through Cement Business and Concrete Business segments. The company offers Portland cement clinker, general purpose Portland cement, moderate and low heat Portland cement, slag powder, limestone powder, ash powder, ready-mix concrete, and other products. It also provides marketing and transportation services; and engages in the sale and storage of cement products. The company was incorporated in 2004 and is headquartered in Causeway Bay, Hong Kong. Asia Cement (China) Holdings Corporation is a subsidiary of Asia Cement Corporation.
Key statistics
Avg. volume
702.59K
Market cap
HK$2.59B
P/E Ratio
-18.26
Price-to-sales ratio
0.45
Enterprise value
CN¥3.77B
Free cash flow yield
-10.87%
Debt-to-equity ratio
0.09
Return on equity
0.52%
ROIC
0.45%
Beta
0.64
Dividend yield
2.05%
Last dividend
HK$0.03
Financial overview
Revenue
CN¥5.11B
Earnings per share
CN¥0.05
Free cash flow
-CN¥359.40M
Net profit margin
-2.49%
Gross margin
10.03%
EBITDA
CN¥169.69M
Revenue growth
-13.19%
Similar securities
This is not an investment recommendation
How to buy Asia Cement (China) from India
Indian residents can buy Asia Cement (China) 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 Asia Cement (China) and place an order
Find Asia Cement (China) by name or by its ticker, 743, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Asia Cement (China) trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Asia Cement (China) 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 Asia Cement (China) from India
Trading and taxes when buying Asia Cement (China) 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. Asia Cement (China)’s current yield is 2.05%.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 Asia Cement (China) stock?
Yes. Asia Cement (China) (743) has been listed on the Hong Kong Stock Exchange since 2008, in the Construction Materials 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 Asia Cement (China) share cost in rupees?
One Asia Cement (China) share is HK$1.66 — about ₹20 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Asia Cement (China) 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 Asia Cement (China) 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 Asia Cement (China)?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Asia Cement (China) 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 Asia Cement (China) price. Paasa issues a capital-gains statement for your return.
Does Asia Cement (China) pay a dividend, and how is it taxed in India?
Yes. Asia Cement (China) pays a dividend and the current yield is 2.05%; the last declared dividend was HK$0.03 per share, about ₹0.42. 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 Asia Cement (China) 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 Asia Cement (China) shares held from India?
Hong Kong has no estate duty.
Do I have to declare Asia Cement (China) 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 Asia Cement (China) holding, its cost and its closing value.
How do I sell Asia Cement (China) 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.