China Cinda Asset Management Co., Ltd.
China Cinda Asset Management Co., Ltd. (HKSE: 1359) is trading at HK$0.89, about ₹11 at today's HKD/INR rate, as of 29 Sep 2026, 4:08 AM ET, up 1.71% today. Indian residents can buy China Cinda Asset Management from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.88
Today's high
HK$0.90
52 week low
HK$0.85
52 week high
HK$1.48
1359 opened at HK$0.88, closed previously at HK$0.88, and has traded between HK$0.85 and HK$1.48 over the past 52 weeks.
About
China Cinda Asset Management Co., Ltd., together with its subsidiaries, acquires, manages, invests in, and disposes financial and non-financial institution distressed assets in the People’s Republic of China, Hong Kong, and internationally. The company operates in two segments, Distressed Asset Management Business and Financial Services Business. It is also involved in receivership; foreign investment; securities and futures dealing; financial bond issuance; inter-bank borrowing and lending; commercial financing for other financial institutions; approved asset securitization business; financial institutions custody; and closing and liquidation of business. The company also engages in consulting and advisory business on finance, investment, and legal and risk management; asset and project evaluation; banking business; fund management; asset management; trust; financial leasing; and real estate and industrial investments and other businesses. In addition, it is involved in cross-border securities brokerage, financial product trading, debt issuing, investment banking and holding, real estate development, commercial banking, hotel management, and aircraft leasing activities. The company was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.
Key statistics
Avg. volume
51.50M
Market cap
HK$33.97B
P/E Ratio
-49.73
Price-to-sales ratio
0.87
Enterprise value
CN¥345.09B
Free cash flow yield
36.95%
Debt-to-equity ratio
2.16
Return on equity
1.05%
ROIC
1.48%
Beta
0.50
Dividend yield
3.62%
Last dividend
HK$0.03
Financial overview
Revenue
CN¥40.28B
Earnings per share
CN¥0.05
Free cash flow
-CN¥32.24B
Net profit margin
6.10%
Gross margin
49.86%
EBITDA
CN¥27.55B
Revenue growth
60.34%
Similar securities
This is not an investment recommendation
How to buy China Cinda Asset Management from India
Indian residents can buy China Cinda Asset Management 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 China Cinda Asset Management and place an order
Find China Cinda Asset Management by name or by its ticker, 1359, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Cinda Asset Management trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Cinda Asset Management 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 China Cinda Asset Management from India
Trading and taxes when buying China Cinda Asset Management 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. China Cinda Asset Management’s current yield is 3.62%.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 China Cinda Asset Management stock?
Yes. China Cinda Asset Management (1359) has been listed on the Hong Kong Stock Exchange since 2013, in the Asset Management 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 China Cinda Asset Management share cost in rupees?
One China Cinda Asset Management share is HK$0.89 — about ₹11 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the China Cinda Asset Management 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 China Cinda Asset Management 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 China Cinda Asset Management?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Cinda Asset Management 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 China Cinda Asset Management price. Paasa issues a capital-gains statement for your return.
Does China Cinda Asset Management pay a dividend, and how is it taxed in India?
Yes. China Cinda Asset Management pays a dividend and the current yield is 3.62%; the last declared dividend was HK$0.03 per share, about ₹0.39. 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 China Cinda Asset Management 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 China Cinda Asset Management a Hong Kong SAR China company, and does that change how it is taxed?
China Cinda Asset Management trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Cinda Asset Management 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 China Cinda Asset Management 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 China Cinda Asset Management holding, its cost and its closing value.
How do I sell China Cinda Asset Management 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.