Symphony Holdings Limited
Symphony Holdings Limited (HKSE: 1223) is trading at HK$1.24, about ₹15 at today's HKD/INR rate, as of 28 Sep 2026, 11:11 PM ET, down 3.50% today. Indian residents can buy Symphony from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.24
Today's high
HK$1.31
52 week low
HK$1.11
52 week high
HK$1.76
1223 opened at HK$1.29, closed previously at HK$1.29, and has traded between HK$1.11 and HK$1.76 over the past 52 weeks.
About
Symphony Holdings Limited, an investment holding company, engages in the operation of sports brands and retail business in the People's Republic of China, Hong Kong, the United States, other Asian countries, and internationally. It operates through Branding, Retailing, and Financial Services segments. The company is involved in the distribution of Japanese wine; sourcing, manufacturing, and trading of healthcare products; and development and management of SKINS trademarks. It also manages and operates outlet malls and fashion stores; and provides securities brokerage, margin financing, underwriting and placing, financial consulting, and money lending services. In addition, the company offers information technology, corporate, and portfolio management services; and accountancy, legal, secretarial, and cruiser services. Further, it engages in the trading, retailing, and distribution of swimming apparel and accessories; property investment; holding of club debentures; sub-licensing of trademark rights; manufactures and sales of alcoholic beverages and food; and trading and wholesaling of sportswear. Additionally, the company provides asset management and investment advisory services; operates park outlets; and owns sports brand of SKINS. The company was formerly known as Liang Shing (Holdings) Limited and changed its name to Symphony Holdings Limited in 1997. Symphony Holdings Limited was incorporated in 1993 and is headquartered in North Point, Hong Kong.
Key statistics
Avg. volume
3.32M
Market cap
HK$3.69B
P/E Ratio
-124.00
Price-to-sales ratio
11.05
Enterprise value
HK$4.88B
Free cash flow yield
2.40%
Debt-to-equity ratio
0.68
Return on equity
-1.24%
ROIC
1.49%
Beta
0.12
Dividend yield
0.40%
Last dividend
HK$0.01
Financial overview
Revenue
HK$308.75M
Earnings per share
-HK$0.01
Free cash flow
HK$96.37M
Net profit margin
-8.87%
Gross margin
78.39%
EBITDA
HK$72.24M
Revenue growth
0.39%
Similar securities
This is not an investment recommendation
How to buy Symphony from India
Indian residents can buy Symphony 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 Symphony and place an order
Find Symphony by name or by its ticker, 1223, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Symphony trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Symphony 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 Symphony from India
Trading and taxes when buying Symphony 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. Symphony’s current yield is 0.40%.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 Symphony stock?
Yes. Symphony (1223) has been listed on the Hong Kong Stock Exchange since 2003, in the Industrial - Distribution 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 Symphony share cost in rupees?
One Symphony share is HK$1.24 — about ₹15 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Symphony 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 Symphony 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 Symphony?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Symphony 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 Symphony price. Paasa issues a capital-gains statement for your return.
Does Symphony pay a dividend, and how is it taxed in India?
Yes. Symphony pays a dividend and the current yield is 0.40%; the last declared dividend was HK$0.01 per share, about ₹0.06. 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 Symphony 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 Symphony shares held from India?
Hong Kong has no estate duty.
Do I have to declare Symphony 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 Symphony holding, its cost and its closing value.
How do I sell Symphony 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.