Macau E&M Holding Limited
Macau E&M Holding Limited (HKSE: 1408) is trading at HK$0.40, about ₹5 at today's HKD/INR rate, as of 28 Sep 2026, 2:48 AM ET. Indian residents can buy Macau E&M from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.40
Today's high
HK$0.40
52 week low
HK$0.22
52 week high
HK$0.47
1408 opened at HK$0.40, closed previously at HK$0.40, and has traded between HK$0.22 and HK$0.47 over the past 52 weeks.
About
Macau E&M Holding Limited operates as an investment holding entity, specializing in providing contract-based electrical and mechanical (E&M) engineering solutions throughout Macau. Its primary services encompass the procurement, installation, ongoing maintenance, and rectification of low voltage (LV) systems, heating, ventilation, and air-conditioning (HVAC) systems, and extra low voltage (ELV) systems. The company also furnishes critical testing and commissioning support. Additionally, it offers management and monitoring capabilities, along with repair and maintenance services tailored for both general properties and hospitality establishments. Established in 2011, the company's main operations are based in Macau.
Key statistics
Avg. volume
163.07K
Market cap
HK$197.50M
P/E Ratio
162.74
Price-to-sales ratio
3.41
Enterprise value
MOP 47.63M
Free cash flow yield
7.81%
Debt-to-equity ratio
0.08
Return on equity
0.61%
ROIC
-1.31%
Beta
0.84
Dividend yield
0.53%
Last dividend
HK$0.00
Financial overview
Revenue
MOP 76.80M
Earnings per share
MOP 0.00
Free cash flow
MOP 23.57M
Net profit margin
2.08%
Gross margin
19.31%
EBITDA
MOP 3.65M
Revenue growth
-16.57%
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This is not an investment recommendation
How to buy Macau E&M from India
Indian residents can buy Macau E&M 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 Macau E&M and place an order
Find Macau E&M by name or by its ticker, 1408, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Macau E&M trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Macau E&M 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 Macau E&M from India
Trading and taxes when buying Macau E&M 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. Macau E&M’s current yield is 0.53%.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 Macau E&M stock?
Yes. Macau E&M (1408) has been listed on the Hong Kong Stock Exchange since 2020, in the Engineering & Construction 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 Macau E&M share cost in rupees?
One Macau E&M share is HK$0.40 — about ₹5 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Macau E&M 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 Macau E&M 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 Macau E&M?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Macau E&M 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 Macau E&M price. Paasa issues a capital-gains statement for your return.
Does Macau E&M pay a dividend, and how is it taxed in India?
Yes. Macau E&M pays a dividend and the current yield is 0.53%; the last declared dividend was HK$0.00 per share, about ₹0.03. 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 Macau E&M 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 Macau E&M a Hong Kong SAR China company, and does that change how it is taxed?
Macau E&M trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in Macao SAR China. Macau E&M 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 Macau E&M 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 Macau E&M holding, its cost and its closing value.
How do I sell Macau E&M 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.