China Smarter Energy Group Holdings Limited
China Smarter Energy Group Holdings Limited (HKSE: 1004) is trading at HK$0.20, about ₹2 at today's HKD/INR rate, as of 30 Sep 2026, 2:08 AM ET, up 7.73% today. Indian residents can buy China Smarter Energy Group from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.20
Today's high
HK$0.20
52 week low
HK$0.11
52 week high
HK$1.12
1004 opened at HK$0.20, closed previously at HK$0.18, and has traded between HK$0.11 and HK$1.12 over the past 52 weeks.
About
China Smarter Energy Group Holdings Limited, an investment holding company, engages in the solar energy business in the People’s Republic of China. It operates solar power plants and distributes solar power stations. As of 31 December 2023, its installed capacity was approximately 172 megawatts. The company also engages in the trading of securities. The company was formerly known as Rising Development Holdings Limited and changed its name to China Smarter Energy Group Holdings Limited in February 2015. China Smarter Energy Group Holdings Limited was incorporated in 1997 and is based in Sheung Wan, Hong Kong.
Key statistics
Avg. volume
81.67K
Market cap
HK$91.40M
P/E Ratio
-0.81
Price-to-sales ratio
0.99
Enterprise value
HK$888.10M
Free cash flow yield
22.57%
Debt-to-equity ratio
-0.55
Return on equity
13.66%
ROIC
-7.54%
Beta
0.09
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$77.45M
Earnings per share
-HK$0.36
Free cash flow
HK$55.02M
Net profit margin
-124.44%
Gross margin
46.52%
EBITDA
HK$69.97M
Revenue growth
4.31%
Similar securities
This is not an investment recommendation
How to buy China Smarter Energy Group from India
Indian residents can buy China Smarter Energy Group 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 Smarter Energy Group and place an order
Find China Smarter Energy Group by name or by its ticker, 1004, 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 Smarter Energy Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Smarter Energy Group position in HKD and INR. China Smarter Energy Group 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 China Smarter Energy Group from India
Trading and taxes when buying China Smarter Energy Group 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
- NoneChina Smarter Energy Group 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 China Smarter Energy Group stock?
Yes. China Smarter Energy Group (1004) has been listed on the Hong Kong Stock Exchange since 2005, in the Renewable Utilities 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 Smarter Energy Group share cost in rupees?
One China Smarter Energy Group share is HK$0.20 — about ₹2 at an HKD/INR rate of 12.23 on 30 Sep 2026. Both the China Smarter Energy Group 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 Smarter Energy Group 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 Smarter Energy Group?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Smarter Energy Group 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 Smarter Energy Group price. Paasa issues a capital-gains statement for your return.
Does China Smarter Energy Group pay a dividend?
No. China Smarter Energy Group 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 China Smarter Energy Group 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 China Smarter Energy Group shares held from India?
Hong Kong has no estate duty.
Do I have to declare China Smarter Energy Group 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 Smarter Energy Group holding, its cost and its closing value.
How do I sell China Smarter Energy Group 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.