China-Hongkong Photo Products Holdings Limited
China-Hongkong Photo Products Holdings Limited (HKSE: 1123) is trading at HK$0.14, about ₹2 at today's HKD/INR rate, as of 30 Sep 2026, 2:32 AM ET. Indian residents can buy China-Hongkong Photo Products from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.14
Today's high
HK$0.14
52 week low
HK$0.10
52 week high
HK$0.15
1123 opened at HK$0.14, closed previously at HK$0.14, and has traded between HK$0.10 and HK$0.15 over the past 52 weeks.
About
Established in 1968 and headquartered in Tsuen Wan, Hong Kong, China-Hongkong Photo Products Holdings Limited, a subsidiary of Searich Group Limited, primarily focuses on the marketing and distribution of photographic developing, processing, and printing solutions throughout Hong Kong. The company's business activities are structured across three main divisions: Merchandise, Service, and Investment. Through its Merchandise segment, the company is involved in the retail and wholesale of a diverse array of goods, including photographic items, skincare products, consumer electronics, household appliances, and commercial and professional audio-visual equipment. Its Service division provides technical support for photographic processing, offers expert audio-visual advisory, undertakes bespoke AV system design and installation, performs household appliance installations, and delivers comprehensive photofinishing and imaging solutions. Furthermore, the Investment segment manages property holdings and other strategic investments. The company also operates the Fotomax retail chain, which specializes in photographic developing and processing services, and maintains an online platform for the sale of skincare products.
Key statistics
Avg. volume
366.16K
Market cap
HK$160.02M
P/E Ratio
21.09
Price-to-sales ratio
0.16
Enterprise value
HK$669.02K
Free cash flow yield
19.35%
Debt-to-equity ratio
0.09
Return on equity
1.11%
ROIC
1.21%
Beta
1.00
Dividend yield
2.37%
Last dividend
HK$0.00
Financial overview
Revenue
HK$998.09M
Earnings per share
HK$0.01
Free cash flow
HK$25.23M
Net profit margin
0.76%
Gross margin
25.97%
EBITDA
HK$77.68M
Revenue growth
-0.27%
Similar securities
This is not an investment recommendation
How to buy China-Hongkong Photo Products from India
Indian residents can buy China-Hongkong Photo Products 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-Hongkong Photo Products and place an order
Find China-Hongkong Photo Products by name or by its ticker, 1123, 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-Hongkong Photo Products trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China-Hongkong Photo Products 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 China-Hongkong Photo Products from India
Trading and taxes when buying China-Hongkong Photo Products 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. China-Hongkong Photo Products’ current yield is 2.37%.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-Hongkong Photo Products stock?
Yes. China-Hongkong Photo Products (1123) has been listed on the Hong Kong Stock Exchange since 1994, in the Leisure 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-Hongkong Photo Products share cost in rupees?
One China-Hongkong Photo Products share is HK$0.14 — about ₹2 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the China-Hongkong Photo Products 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-Hongkong Photo Products 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-Hongkong Photo Products?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China-Hongkong Photo Products 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-Hongkong Photo Products price. Paasa issues a capital-gains statement for your return.
Does China-Hongkong Photo Products pay a dividend, and how is it taxed in India?
Yes. China-Hongkong Photo Products pays a dividend and the current yield is 2.37%; the last declared dividend was HK$0.00 per share, about ₹0.04. 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 China-Hongkong Photo Products 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-Hongkong Photo Products shares held from India?
Hong Kong has no estate duty.
Do I have to declare China-Hongkong Photo Products 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-Hongkong Photo Products holding, its cost and its closing value.
How do I sell China-Hongkong Photo Products 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.