Tianjin Development Holdings Limited
Tianjin Development Holdings Limited (HKSE: 882) is trading at HK$2.04, about ₹25 at today's HKD/INR rate, as of 29 Sep 2026, 4:08 AM ET, down 0.25% today. Indian residents can buy Tianjin Development from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.03
Today's high
HK$2.05
52 week low
HK$1.99
52 week high
HK$2.76
882 opened at HK$2.05, closed previously at HK$2.04, and has traded between HK$1.99 and HK$2.76 over the past 52 weeks.
About
Tianjin Development Holdings Limited, operating through its various subsidiaries, provides essential utilities including electricity, water, heating, and thermal energy to industrial, commercial, and residential clients located in the Tianjin Economic and Technological Development Area, People's Republic of China. The company's activities are broadly categorized into six divisions: Utilities, Pharmaceuticals, Hospitality, Electrical and Mechanical Engineering, Port Services, and Elevators and Escalators. Its utility infrastructure features an impressive electricity transmission capacity of approximately 946,000 kVA, a daily water supply capability of 425,000 tons, and an extensive steam distribution network spanning about 462 kilometers of pipelines with approximately 120 processing stations, able to distribute around 30,000 tons daily. Beyond direct utility provision, the company offers a range of electricity-related services, such as constructing supply networks, implementing new and renewable energy technologies, and delivering technical support for electrical infrastructure. For water utilities, its services encompass the installation and maintenance of piping systems, technical consultancy, and the retail and wholesale of water pipes and their associated parts. Additionally, the company is involved in manufacturing and selling industrial equipment, including presses, mechanical and hydroelectric machinery, and large-scale pump units. Its hospitality portfolio includes the management of the 4-star, 245-room Courtyard by Marriott Hong Kong hotel. In the pharmaceutical sector, it conducts research and development of medical technologies and products, manufactures and distributes chemical drugs, and handles the design, production, and printing of pharmaceutical packaging, alongside selling other paper-based packaging materials. The company also manufactures and sells elevators and escalators. Further operations include financial leasing and the provision of port services. Incorporated in 1997 and based in Central, Hong Kong, Tianjin Development Holdings Limited is a subsidiary of Tsinlien Group Company Limited.
Key statistics
Avg. volume
377.48K
Market cap
HK$2.18B
P/E Ratio
5.39
Price-to-sales ratio
0.70
Enterprise value
HK$1.71B
Free cash flow yield
-1.26%
Debt-to-equity ratio
0.14
Return on equity
3.29%
ROIC
-0.36%
Beta
0.46
Dividend yield
6.88%
Last dividend
HK$0.14
Financial overview
Revenue
HK$3.20B
Earnings per share
HK$0.40
Free cash flow
-HK$32.64M
Net profit margin
13.03%
Gross margin
28.35%
EBITDA
HK$124.70M
Revenue growth
-4.86%
Similar securities
This is not an investment recommendation
How to buy Tianjin Development from India
Indian residents can buy Tianjin Development 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 Tianjin Development and place an order
Find Tianjin Development by name or by its ticker, 882, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Tianjin Development trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tianjin Development 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 Tianjin Development from India
Trading and taxes when buying Tianjin Development 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. Tianjin Development’s current yield is 6.88%.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 Tianjin Development stock?
Yes. Tianjin Development (882) has been listed on the Hong Kong Stock Exchange since 1997, in the Conglomerates 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 Tianjin Development share cost in rupees?
One Tianjin Development share is HK$2.04 — about ₹25 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Tianjin Development 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 Tianjin Development 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 Tianjin Development?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Tianjin Development 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 Tianjin Development price. Paasa issues a capital-gains statement for your return.
Does Tianjin Development pay a dividend, and how is it taxed in India?
Yes. Tianjin Development pays a dividend and the current yield is 6.88%; the last declared dividend was HK$0.14 per share, about ₹1.72. 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 Tianjin Development 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 Tianjin Development shares held from India?
Hong Kong has no estate duty.
Do I have to declare Tianjin Development 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 Tianjin Development holding, its cost and its closing value.
How do I sell Tianjin Development 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.