Agricultural Bank of China Limited
Agricultural Bank of China Limited (HKSE: 1288) is trading at HK$6.52, about ₹80 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.44% today. Indian residents can buy Agricultural Bank of China from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$6.49
Today's high
HK$6.60
52 week low
HK$5.05
52 week high
HK$6.65
1288 opened at HK$6.50, closed previously at HK$6.61, and has traded between HK$5.05 and HK$6.65 over the past 52 weeks.
About
Agricultural Bank of China Limited offers an extensive array of banking and financial services designed for both corporate entities and individual customers. The company's operations are segmented into Corporate Banking, Personal Banking, and Treasury functions. It facilitates a wide variety of deposit options, including various demand, time, call, foreign currency, and savings accounts, along with certificates of deposit. Its lending portfolio covers mortgages, consumer and business financing, fixed asset and working capital loans, real estate lending, syndicated loans, trade finance, and guarantees. Beyond traditional banking, Agricultural Bank of China provides credit and debit card services, payment and settlement solutions, private banking, cash management, investment banking, custodial services, and wealth management. Notably, it also specializes in banking products and services catering to the agricultural sector. The bank ensures accessibility through diverse channels such as online, mobile, telephone, self-service terminals, television, and SMS banking. Further services include financial leasing, fund management, asset custodianship, debt-to-equity swaps, and a selection of insurance products, encompassing life, health, and accident coverage. As of December 31, 2021, the bank boasted a substantial domestic footprint with 22,807 branches and various outlets throughout China. Its international reach extended to 13 overseas branches located in prominent financial centers including Hong Kong, Singapore, New York, London, and Tokyo, supplemented by four international representative offices in cities such as Vancouver and Sao Paulo. Agricultural Bank of China Limited was established in 1951 and maintains its headquarters in Beijing, People's Republic of China.
Key statistics
Avg. volume
87.94M
Market cap
HK$2.28T
P/E Ratio
8.28
Price-to-sales ratio
2.00
Enterprise value
CN¥13.02T
Free cash flow yield
67.81%
Debt-to-equity ratio
4.56
Return on equity
9.73%
ROIC
0.70%
Beta
0.15
Dividend yield
5.46%
Last dividend
HK$0.42
Financial overview
Revenue
CN¥1.36T
Earnings per share
CN¥0.78
Free cash flow
CN¥2.09T
Net profit margin
24.82%
Gross margin
54.83%
EBITDA
CN¥347.60B
Revenue growth
133.89%
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This is not an investment recommendation
How to buy Agricultural Bank of China from India
Indian residents can buy Agricultural Bank of China 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 Agricultural Bank of China and place an order
Find Agricultural Bank of China by name or by its ticker, 1288, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Agricultural Bank of China trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Agricultural Bank of China 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 Agricultural Bank of China from India
Trading and taxes when buying Agricultural Bank of China 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. Agricultural Bank of China’s current yield is 5.46%.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 Agricultural Bank of China stock?
Yes. Agricultural Bank of China (1288) has been listed on the Hong Kong Stock Exchange since 2010, in the Banks - Diversified 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 Agricultural Bank of China share cost in rupees?
One Agricultural Bank of China share is HK$6.52 — about ₹80 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the Agricultural Bank of China 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 Agricultural Bank of China 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 Agricultural Bank of China?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Agricultural Bank of China 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 Agricultural Bank of China price. Paasa issues a capital-gains statement for your return.
Does Agricultural Bank of China pay a dividend, and how is it taxed in India?
Yes. Agricultural Bank of China pays a dividend and the current yield is 5.46%; the last declared dividend was HK$0.42 per share, about ₹5.12. 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 Agricultural Bank of China 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 Agricultural Bank of China a Hong Kong SAR China company, and does that change how it is taxed?
Agricultural Bank of China trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Agricultural Bank of China 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 Agricultural Bank of China 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 Agricultural Bank of China holding, its cost and its closing value.
How do I sell Agricultural Bank of China 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.