Asia Cassava Resources Holdings Limited
Asia Cassava Resources Holdings Limited (HKSE: 841) is trading at HK$0.17, about ₹2 at today's HKD/INR rate, as of 22 Sep 2026, 3:42 AM ET, up 3.07% today. Indian residents can buy Asia Cassava Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.16
Today's high
HK$0.17
52 week low
HK$0.09
52 week high
HK$0.30
841 opened at HK$0.16, closed previously at HK$0.16, and has traded between HK$0.09 and HK$0.30 over the past 52 weeks.
About
Asia Cassava Resources Holdings Limited operates as an investment holding company with a primary focus on the acquisition, processing, storage, and distribution of dried cassava chips. These core activities serve markets in Mainland China, Hong Kong, and Thailand. The company's operations are divided into three main business units: the sourcing and sale of dried cassava chips, property investments, and the management of hotel and serviced apartment facilities. In addition to its central cassava-related business, Asia Cassava Resources Holdings Limited diversifies its interests by investing in commercial office spaces and industrial properties. It also manages a portfolio of trademarks, conducts debt collection, oversees serviced apartment complexes, and offers shipping agency services. Furthermore, the company is involved in operating a hotel, including its restaurant and entertainment amenities, and actively participates in the trading and bidding for dried cassava chips. Established in 1984, the company's main office is located in Tsim Sha Tsui East, Hong Kong, and it functions as a subsidiary of Art Rich Management Limited.
Key statistics
Avg. volume
226.09K
Market cap
HK$98.23M
P/E Ratio
-38.18
Price-to-sales ratio
0.08
Enterprise value
HK$582.63M
Free cash flow yield
257.32%
Debt-to-equity ratio
0.99
Return on equity
-0.49%
ROIC
5.68%
Beta
-0.36
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$1.28B
Earnings per share
-HK$0.00
Free cash flow
HK$230.69M
Net profit margin
-0.20%
Gross margin
7.67%
EBITDA
HK$16.88M
Revenue growth
30.41%
Similar securities
This is not an investment recommendation
How to buy Asia Cassava Resources from India
Indian residents can buy Asia Cassava Resources 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 Cassava Resources and place an order
Find Asia Cassava Resources by name or by its ticker, 841, 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 Cassava Resources trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Asia Cassava Resources position in HKD and INR. Asia Cassava Resources pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Asia Cassava Resources from India
Trading and taxes when buying Asia Cassava Resources 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
- NoneAsia Cassava Resources does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Cassava Resources stock?
Yes. Asia Cassava Resources (841) has been listed on the Hong Kong Stock Exchange since 2009, in the Packaged Foods 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 Cassava Resources share cost in rupees?
One Asia Cassava Resources share is HK$0.17 — about ₹2 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Asia Cassava Resources 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 Cassava Resources 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 Cassava Resources?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Asia Cassava Resources 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 Cassava Resources price. Paasa issues a capital-gains statement for your return.
Does Asia Cassava Resources pay a dividend?
No. Asia Cassava Resources does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Asia Cassava Resources 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 Cassava Resources shares held from India?
Hong Kong has no estate duty.
Do I have to declare Asia Cassava Resources 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 Cassava Resources holding, its cost and its closing value.
How do I sell Asia Cassava Resources 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.