iDreamSky Technology Holdings Limited
iDreamSky Technology Holdings Limited (HKSE: 1119) is trading at HK$0.36, about ₹4 at today's HKD/INR rate, as of 25 Sep 2026, 3:57 AM ET, down 2.74% today. Indian residents can buy iDreamSky Technology from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.35
Today's high
HK$0.37
52 week low
HK$0.26
52 week high
HK$1.35
1119 opened at HK$0.37, closed previously at HK$0.37, and has traded between HK$0.26 and HK$1.35 over the past 52 weeks.
About
Established in 2009 and headquartered in Shenzhen, China, iDreamSky Technology Holdings Limited operates as an investment holding company and a leading digital entertainment platform, with its primary focus on the Chinese game publishing market. The company's operations are divided into two main divisions: Game and Information Services, and Experiential Retail Business. Through its Game and Information Services segment, iDreamSky distributes a diverse portfolio of both internally developed and licensed third-party games to players. These titles are made accessible via various channels, including prominent mobile application stores, software distribution platforms, and collaborations with other game publishers. This division also provides in-game information, comprehensive mobile game development, ongoing support such as content updates and maintenance services, and advertising solutions. The Experiential Retail Business arm offers immersive game console experiences and retails popular merchandise themed around gaming and cultural intellectual properties. Beyond these core activities, iDreamSky is also involved in developing internet and software technologies, and extends its services to areas like financing, cultural initiatives, sports, entertainment, and general internet information.
Key statistics
Avg. volume
4.02M
Market cap
HK$725.46M
P/E Ratio
112.46
Price-to-sales ratio
0.45
Enterprise value
CN¥1.93B
Free cash flow yield
-2.48%
Debt-to-equity ratio
1.02
Return on equity
0.56%
ROIC
0.14%
Beta
0.53
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥1.34B
Earnings per share
CN¥0.01
Free cash flow
CN¥7.90M
Net profit margin
0.68%
Gross margin
32.40%
EBITDA
CN¥110.83M
Revenue growth
-11.60%
Similar securities
This is not an investment recommendation
How to buy iDreamSky Technology from India
Indian residents can buy iDreamSky Technology 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 iDreamSky Technology and place an order
Find iDreamSky Technology by name or by its ticker, 1119, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. iDreamSky Technology trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your iDreamSky Technology position in HKD and INR. iDreamSky Technology 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 iDreamSky Technology from India
Trading and taxes when buying iDreamSky Technology 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
- NoneiDreamSky Technology does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 iDreamSky Technology stock?
Yes. iDreamSky Technology (1119) has been listed on the Hong Kong Stock Exchange since 2018, in the Electronic Gaming & Multimedia 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 iDreamSky Technology share cost in rupees?
One iDreamSky Technology share is HK$0.36 — about ₹4 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the iDreamSky Technology 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 iDreamSky Technology 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 iDreamSky Technology?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on iDreamSky Technology 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 iDreamSky Technology price. Paasa issues a capital-gains statement for your return.
Does iDreamSky Technology pay a dividend?
No. iDreamSky Technology 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 iDreamSky Technology 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 iDreamSky Technology a Hong Kong SAR China company, and does that change how it is taxed?
iDreamSky Technology trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. iDreamSky Technology 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 iDreamSky Technology 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 iDreamSky Technology holding, its cost and its closing value.
How do I sell iDreamSky Technology 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.