Zhongyuan Bank Co., Ltd.
Zhongyuan Bank Co., Ltd. (HKSE: 1216) is trading at HK$0.30, about ₹4 at today's HKD/INR rate, as of 25 Sep 2026, 3:45 AM ET, up 3.51% today. Indian residents can buy Zhongyuan Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.29
Today's high
HK$0.30
52 week low
HK$0.27
52 week high
HK$0.41
1216 opened at HK$0.29, closed previously at HK$0.29, and has traded between HK$0.27 and HK$0.41 over the past 52 weeks.
About
Zhongyuan Bank Co., Ltd., established in 2014 and headquartered in Zhengzhou, People's Republic of China, delivers a broad spectrum of financial services to clients across the Asia Pacific region, North America, and globally. Its offerings encompass both corporate and individual banking solutions, including deposit accounts, lending and credit facilities, payment processing, capital market operations, and leasing arrangements. The bank's operations are divided into Corporate Banking, Retail Banking, Financial Markets Business, and other segments. The Corporate Banking division provides comprehensive services such as business loans, trade finance, deposit management, agency functions, consulting, advisory support, remittance, settlement, and guarantee services for corporations, government bodies, and financial institutions. Conversely, the Retail Banking segment caters to individual customers with products like personal loans, savings accounts, bank cards, tailored wealth management services, and money transfer facilities. The Financial Markets Business concentrates on interbank money market activities, repurchase agreements, investment strategies, debt issuance, and the trading of debt securities. As of December 31, 2021, Zhongyuan Bank boasted an extensive physical network, including 18 main branches, 2 direct sub-branches, and a total of 474 service points. These outlets were strategically distributed with 277 urban, 125 county-level, and 72 township-level sub-branches.
Key statistics
Avg. volume
926.30K
Market cap
HK$10.78B
P/E Ratio
3.07
Price-to-sales ratio
0.31
Enterprise value
CN¥303.48B
Free cash flow yield
-84.90%
Debt-to-equity ratio
4.43
Return on equity
4.32%
ROIC
0.17%
Beta
-0.02
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥39.28B
Earnings per share
CN¥0.08
Free cash flow
CN¥9.86B
Net profit margin
12.10%
Gross margin
38.90%
EBITDA
CN¥3.56B
Revenue growth
109.44%
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This is not an investment recommendation
How to buy Zhongyuan Bank from India
Indian residents can buy Zhongyuan Bank 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 Zhongyuan Bank and place an order
Find Zhongyuan Bank by name or by its ticker, 1216, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Zhongyuan Bank trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Zhongyuan Bank position in HKD and INR. Zhongyuan Bank 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 Zhongyuan Bank from India
Trading and taxes when buying Zhongyuan Bank 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
- NoneZhongyuan Bank 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 Zhongyuan Bank stock?
Yes. Zhongyuan Bank (1216) has been listed on the Hong Kong Stock Exchange since 2017, in the Banks - Regional 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 Zhongyuan Bank share cost in rupees?
One Zhongyuan Bank share is HK$0.30 — about ₹4 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the Zhongyuan Bank 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 Zhongyuan Bank 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 Zhongyuan Bank?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Zhongyuan Bank 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 Zhongyuan Bank price. Paasa issues a capital-gains statement for your return.
Does Zhongyuan Bank pay a dividend?
No. Zhongyuan Bank 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 Zhongyuan Bank 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 Zhongyuan Bank a Hong Kong SAR China company, and does that change how it is taxed?
Zhongyuan Bank trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Zhongyuan Bank 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 Zhongyuan Bank 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 Zhongyuan Bank holding, its cost and its closing value.
How do I sell Zhongyuan Bank 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.