Midland Holdings Limited
Midland Holdings Limited (HKSE: 1200) is trading at HK$1.72, about ₹21 at today's HKD/INR rate, as of 25 Sep 2026, 3:59 AM ET, down 4.19% today. Indian residents can buy Midland from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.70
Today's high
HK$1.75
52 week low
HK$1.70
52 week high
HK$3.52
1200 opened at HK$1.75, closed previously at HK$1.79, and has traded between HK$1.70 and HK$3.52 over the past 52 weeks.
About
Midland Holdings Limited functions as an investment holding firm with a core business centered on real estate brokerage throughout Hong Kong, Macau, and mainland China. The company's services extend to both residential properties and various non-residential sectors, including industrial, commercial, and retail spaces. Its comprehensive offerings also feature money lending, detailed project planning, commercial property administration, and strategic marketing and sales development. Additionally, Midland Holdings provides surveying, property leasing, and general property management services. The company further offers immigration advisory, specialized surveying consultations—which cover valuation, development studies, sales, marketing, tender processes, and project auctions—and operates an online platform. Moreover, it engages in property investment and delivers marketing and referral support for international real estate developments. Founded in 1973, Midland Holdings Limited maintains its principal office in Central, Hong Kong.
Key statistics
Avg. volume
1.40M
Market cap
HK$1.23B
P/E Ratio
2.23
Price-to-sales ratio
0.25
Enterprise value
HK$214.87M
Free cash flow yield
71.32%
Debt-to-equity ratio
0.16
Return on equity
36.57%
ROIC
28.89%
Beta
0.97
Dividend yield
5.25%
Last dividend
HK$0.09
Financial overview
Revenue
HK$5.50B
Earnings per share
HK$0.59
Free cash flow
HK$543.61M
Net profit margin
11.06%
Gross margin
17.74%
EBITDA
HK$528.27M
Revenue growth
-9.61%
Similar securities
This is not an investment recommendation
How to buy Midland from India
Indian residents can buy Midland 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 Midland and place an order
Find Midland by name or by its ticker, 1200, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Midland trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Midland 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 Midland from India
Trading and taxes when buying Midland 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. Midland’s current yield is 5.25%.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 Midland stock?
Yes. Midland (1200) has been listed on the Hong Kong Stock Exchange since 1995, in the Real Estate - Services 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 Midland share cost in rupees?
One Midland share is HK$1.72 — about ₹21 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Midland 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 Midland 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 Midland?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Midland 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 Midland price. Paasa issues a capital-gains statement for your return.
Does Midland pay a dividend, and how is it taxed in India?
Yes. Midland pays a dividend and the current yield is 5.25%; the last declared dividend was HK$0.09 per share, about ₹1.10. 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 Midland 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 Midland shares held from India?
Hong Kong has no estate duty.
Do I have to declare Midland 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 Midland holding, its cost and its closing value.
How do I sell Midland 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.