China Tower Corporation Limited
China Tower Corporation Limited (HKSE: 788) is trading at HK$8.88, about ₹109 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.45% today. Indian residents can buy China Tower from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$8.80
Today's high
HK$8.94
52 week low
HK$8.66
52 week high
HK$12.85
788 opened at HK$8.94, closed previously at HK$8.92, and has traded between HK$8.66 and HK$12.85 over the past 52 weeks.
About
China Tower Corporation Limited serves as a prominent telecommunications infrastructure provider throughout the People's Republic of China. The company's core operations involve the development, upkeep, and management of essential base station facilities. This includes not only traditional telecommunication towers but also extensive public network coverage solutions for high-speed railways, subway systems, and large indoor distributed antenna networks. It furnishes telecommunication service providers with crucial infrastructure components such as towers, equipment shelters, cabinets, and supplementary hardware necessary for installing their communication apparatus. Beyond infrastructure provision, China Tower offers comprehensive maintenance, covering continuous equipment operation monitoring, regular site inspections, rapid response to device malfunctions, property upkeep, environmental protection, and detailed operational analysis. To support customer telecommunications equipment, the firm ensures reliable power access, supplies batteries, and provides backup power generation. Its specialized indoor distributed antenna systems are critical for linking telecommunication equipment, facilitating the transmission and reception of mobile network signals within buildings, major venues, and tunnels. Moreover, the company extends its services to include emergency backup power for corporate clients, convenient battery exchange options for individual customers, and battery recharging for both corporate and individual users. It also delivers integrated solutions encompassing information services, power generation, and energy storage, alongside trans-sector site application and related information services. Established in 2014 and headquartered in Beijing, People's Republic of China, the company was initially known as China Communications Facilities Services Corporation Limited before adopting its current name, China Tower Corporation Limited, in September 2014.
Key statistics
Avg. volume
17.51M
Market cap
HK$155.15B
P/E Ratio
9.85
Price-to-sales ratio
1.33
Enterprise value
CN¥227.29B
Free cash flow yield
4.82%
Debt-to-equity ratio
0.49
Return on equity
6.51%
ROIC
7.61%
Beta
0.35
Dividend yield
6.68%
Last dividend
HK$0.52
Financial overview
Revenue
CN¥100.41B
Earnings per share
CN¥0.67
Free cash flow
CN¥25.60B
Net profit margin
13.43%
Gross margin
9.58%
EBITDA
CN¥54.68B
Revenue growth
2.70%
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This is not an investment recommendation
How to buy China Tower from India
Indian residents can buy China Tower 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 Tower and place an order
Find China Tower by name or by its ticker, 788, 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 Tower trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Tower 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 Tower from India
Trading and taxes when buying China Tower 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 Tower’s current yield is 6.68%.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 Tower stock?
Yes. China Tower (788) has been listed on the Hong Kong Stock Exchange since 2018, 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 Tower share cost in rupees?
One China Tower share is HK$8.88 — about ₹109 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the China Tower 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 Tower 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 Tower?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Tower 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 Tower price. Paasa issues a capital-gains statement for your return.
Does China Tower pay a dividend, and how is it taxed in India?
Yes. China Tower pays a dividend and the current yield is 6.68%; the last declared dividend was HK$0.52 per share, about ₹6.33. 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 Tower 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 Tower a Hong Kong SAR China company, and does that change how it is taxed?
China Tower trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Tower 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 Tower 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 Tower holding, its cost and its closing value.
How do I sell China Tower 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.