SITC International Holdings Company Limited
SITC International Holdings Company Limited (HKSE: 1308) is trading at HK$47.58, about ₹582 at today's HKD/INR rate, as of 29 Sep 2026, 11:57 PM ET, up 1.49% today. Indian residents can buy SITC International Holdings from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$46.78
Today's high
HK$48.10
52 week low
HK$25.64
52 week high
HK$50.00
1308 opened at HK$47.12, closed previously at HK$46.88, and has traded between HK$25.64 and HK$50.00 over the past 52 weeks.
About
SITC International Holdings Company Limited is a prominent logistics and maritime shipping firm, delivering end-to-end transportation and supply chain services across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and various international markets. Its operations are structured into two main divisions: Container Shipping and Logistics, which encompasses container transportation, freight management, shipping agency services, and warehousing; and Dry Bulk and Other Services, which provides dry bulk vessel and land leasing, alongside air freight solutions. As of December 31, 2021, SITC maintained a sizable fleet comprising 96 vessels with an overall capacity of 143,115 TEU. This included 68 proprietary vessels capable of carrying 103,663 TEU, supplemented by 28 chartered vessels with a capacity of 39,452 TEU. Additionally, it operated five dry bulk vessels totaling 362,000 tons. The company's comprehensive offerings also span container and vessel chartering and ownership, technological assistance, container upkeep, customs declaration, and diverse multimodal transport options. Founded in 1991, SITC is headquartered in Wan Chai, Hong Kong, and operates as a subsidiary of Resourceful Link Management Limited.
Key statistics
Avg. volume
4.85M
Market cap
HK$126.99B
P/E Ratio
12.90
Price-to-sales ratio
4.51
Enterprise value
$9.58B
Free cash flow yield
13.63%
Debt-to-equity ratio
0.12
Return on equity
49.42%
ROIC
40.23%
Beta
1.09
Dividend yield
6.73%
Last dividend
HK$2.20
Financial overview
Revenue
$3.42B
Earnings per share
$0.46
Free cash flow
$1.30B
Net profit margin
35.36%
Gross margin
38.08%
EBITDA
$1.34B
Revenue growth
11.73%
Similar securities
This is not an investment recommendation
How to buy SITC International Holdings from India
Indian residents can buy SITC International Holdings 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 SITC International Holdings and place an order
Find SITC International Holdings by name or by its ticker, 1308, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. SITC International Holdings trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your SITC International Holdings 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 SITC International Holdings from India
Trading and taxes when buying SITC International Holdings 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. SITC International Holdings’ current yield is 6.73%.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 SITC International Holdings stock?
Yes. SITC International Holdings (1308) has been listed on the Hong Kong Stock Exchange since 2010, in the Marine Shipping 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 SITC International Holdings share cost in rupees?
One SITC International Holdings share is HK$47.58 — about ₹582 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the SITC International Holdings 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 SITC International Holdings 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 SITC International Holdings?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on SITC International Holdings 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 SITC International Holdings price. Paasa issues a capital-gains statement for your return.
Does SITC International Holdings pay a dividend, and how is it taxed in India?
Yes. SITC International Holdings pays a dividend and the current yield is 6.73%; the last declared dividend was HK$2.20 per share, about ₹26.92. 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 SITC International Holdings 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 SITC International Holdings shares held from India?
Hong Kong has no estate duty.
Do I have to declare SITC International Holdings 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 SITC International Holdings holding, its cost and its closing value.
How do I sell SITC International Holdings 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.