Xinchen China Power Holdings Limited
Xinchen China Power Holdings Limited (HKSE: 1148) is trading at HK$0.21, about ₹3 at today's HKD/INR rate, as of 25 Sep 2026, 3:25 AM ET, down 3.23% today. Indian residents can buy Xinchen China Power from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.21
Today's high
HK$0.21
52 week low
HK$0.21
52 week high
HK$0.40
1148 opened at HK$0.21, closed previously at HK$0.22, and has traded between HK$0.21 and HK$0.40 over the past 52 weeks.
About
Xinchen China Power Holdings Limited, operating through its subsidiaries, focuses on the development, manufacturing, and distribution of automotive engines. These engines are specifically designed for passenger cars and light-duty commercial vehicles across the People's Republic of China. The company's activities are categorized into three core areas: gasoline engines, diesel engines, and engine components. Additionally, it produces parts and components for passenger vehicle engines and is involved in the leasing of industrial premises. Founded in 1998, Xinchen China Power Holdings Limited has its corporate headquarters located in Central, Hong Kong.
Key statistics
Avg. volume
262.17K
Market cap
HK$269.26M
P/E Ratio
10.69
Price-to-sales ratio
0.07
Enterprise value
CN¥1.33B
Free cash flow yield
-93.54%
Debt-to-equity ratio
0.72
Return on equity
1.21%
ROIC
-1.01%
Beta
0.60
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥4.71B
Earnings per share
CN¥0.02
Free cash flow
-CN¥80.07M
Net profit margin
0.69%
Gross margin
4.42%
EBITDA
CN¥102.89M
Revenue growth
-22.53%
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This is not an investment recommendation
How to buy Xinchen China Power from India
Indian residents can buy Xinchen China Power 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 Xinchen China Power and place an order
Find Xinchen China Power by name or by its ticker, 1148, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Xinchen China Power trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xinchen China Power position in HKD and INR. Xinchen China Power 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 Xinchen China Power from India
Trading and taxes when buying Xinchen China Power 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
- NoneXinchen China Power 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 Xinchen China Power stock?
Yes. Xinchen China Power (1148) has been listed on the Hong Kong Stock Exchange since 2013, in the Auto - Parts 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 Xinchen China Power share cost in rupees?
One Xinchen China Power share is HK$0.21 — about ₹3 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Xinchen China Power 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 Xinchen China Power 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 Xinchen China Power?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Xinchen China Power 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 Xinchen China Power price. Paasa issues a capital-gains statement for your return.
Does Xinchen China Power pay a dividend?
No. Xinchen China Power 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 Xinchen China Power 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 Xinchen China Power shares held from India?
Hong Kong has no estate duty.
Do I have to declare Xinchen China Power 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 Xinchen China Power holding, its cost and its closing value.
How do I sell Xinchen China Power 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.