Xinyi Solar Holdings Limited
Xinyi Solar Holdings Limited (HKSE: 968) is trading at HK$1.92, about ₹24 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.78% today. Indian residents can buy Xinyi Solar from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.86
Today's high
HK$1.97
52 week low
HK$1.86
52 week high
HK$4.10
968 opened at HK$1.97, closed previously at HK$1.94, and has traded between HK$1.86 and HK$4.10 over the past 52 weeks.
About
Xinyi Solar Holdings Limited, an investment firm, specializes in the manufacturing and global distribution of solar glass products. Its market reach extends across the People's Republic of China, the wider Asian continent, North America, and Europe. The company's business model is structured around two core divisions: the sale of solar glass and the solar farm business. Among its diverse product offerings are ultraclear patterned glass, back glass, and anti-reflective (AR) photovoltaic glass. Beyond manufacturing, Xinyi Solar actively develops, operates, and manages solar power plants, and provides comprehensive engineering, procurement, and construction (EPC) services. The company also supplies solar power systems and engages in the trading of its solar glass merchandise. Founded in 2008, Xinyi Solar Holdings Limited is headquartered in Wuhu, People's Republic of China.
Key statistics
Avg. volume
63.96M
Market cap
HK$17.56B
P/E Ratio
112.94
Price-to-sales ratio
0.84
Enterprise value
HK$26.16B
Free cash flow yield
18.47%
Debt-to-equity ratio
0.45
Return on equity
0.45%
ROIC
-0.34%
Beta
1.45
Dividend yield
0.54%
Last dividend
HK$0.01
Financial overview
Revenue
HK$23.22B
Earnings per share
HK$0.10
Free cash flow
HK$3.42B
Net profit margin
0.73%
Gross margin
18.18%
EBITDA
HK$6.34B
Revenue growth
5.91%
Similar securities
This is not an investment recommendation
How to buy Xinyi Solar from India
Indian residents can buy Xinyi Solar 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 Xinyi Solar and place an order
Find Xinyi Solar by name or by its ticker, 968, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Xinyi Solar trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xinyi Solar 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 Xinyi Solar from India
Trading and taxes when buying Xinyi Solar 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. Xinyi Solar’s current yield is 0.54%.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 Xinyi Solar stock?
Yes. Xinyi Solar (968) has been listed on the Hong Kong Stock Exchange since 2013, in the Solar 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 Xinyi Solar share cost in rupees?
One Xinyi Solar share is HK$1.92 — about ₹24 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Xinyi Solar 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 Xinyi Solar 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 Xinyi Solar?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Xinyi Solar 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 Xinyi Solar price. Paasa issues a capital-gains statement for your return.
Does Xinyi Solar pay a dividend, and how is it taxed in India?
Yes. Xinyi Solar pays a dividend and the current yield is 0.54%; the last declared dividend was HK$0.01 per share, about ₹0.13. 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 Xinyi Solar 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 Xinyi Solar a Hong Kong SAR China company, and does that change how it is taxed?
Xinyi Solar trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Xinyi Solar 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 Xinyi Solar 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 Xinyi Solar holding, its cost and its closing value.
How do I sell Xinyi Solar 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.