Qilu Expressway Company Limited
Qilu Expressway Company Limited (HKSE: 1576) is trading at HK$1.71, about ₹21 at today's HKD/INR rate, as of 24 Sep 2026, 2:02 AM ET. Indian residents can buy Qilu Expressway from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.64
Today's high
HK$1.71
52 week low
HK$1.55
52 week high
HK$1.88
1576 opened at HK$1.68, closed previously at HK$1.71, and has traded between HK$1.55 and HK$1.88 over the past 52 weeks.
About
Qilu Expressway Company Limited, along with its associated entities, is primarily engaged in the operation and management of expressways across the People's Republic of China. The company's core activities involve the development, upkeep, and daily administration of significant road networks. These include the Jihe Expressway, a vital route spanning approximately 153.6 kilometers connecting Jinan City and Heze City in Shandong Province; the Deshang Expressway, which covers around 68.942 kilometers in Henan Province; and the Shennan Expressway, extending for roughly 18.267 kilometers, also situated in Henan Province. Beyond its main infrastructure business, the firm also produces and distributes outdoor advertisements, supplies construction materials, and provides specialized construction contracting services. Established in 2004, Qilu Expressway Company Limited, formerly known as Shandong Jihe Expressway Company Limited, maintains its corporate headquarters in Jinan, China.
Key statistics
Avg. volume
28.23K
Market cap
HK$3.41B
P/E Ratio
7.88
Price-to-sales ratio
1.22
Enterprise value
CN¥15.44B
Free cash flow yield
10.60%
Debt-to-equity ratio
3.13
Return on equity
7.21%
ROIC
2.88%
Beta
0.38
Dividend yield
8.09%
Last dividend
HK$0.14
Financial overview
Revenue
CN¥2.31B
Earnings per share
CN¥0.19
Free cash flow
-CN¥341.92M
Net profit margin
15.79%
Gross margin
33.07%
EBITDA
CN¥1.39B
Revenue growth
-67.06%
Similar securities
This is not an investment recommendation
How to buy Qilu Expressway from India
Indian residents can buy Qilu Expressway 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 Qilu Expressway and place an order
Find Qilu Expressway by name or by its ticker, 1576, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Qilu Expressway trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Qilu Expressway 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 Qilu Expressway from India
Trading and taxes when buying Qilu Expressway 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. Qilu Expressway’s current yield is 8.09%.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 Qilu Expressway stock?
Yes. Qilu Expressway (1576) has been listed on the Hong Kong Stock Exchange since 2018, in the Industrial - Infrastructure Operations 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 Qilu Expressway share cost in rupees?
One Qilu Expressway share is HK$1.71 — about ₹21 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Qilu Expressway 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 Qilu Expressway 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 Qilu Expressway?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Qilu Expressway 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 Qilu Expressway price. Paasa issues a capital-gains statement for your return.
Does Qilu Expressway pay a dividend, and how is it taxed in India?
Yes. Qilu Expressway pays a dividend and the current yield is 8.09%; the last declared dividend was HK$0.14 per share, about ₹1.69. 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 Qilu Expressway 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 Qilu Expressway a Hong Kong SAR China company, and does that change how it is taxed?
Qilu Expressway trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Qilu Expressway 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 Qilu Expressway 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 Qilu Expressway holding, its cost and its closing value.
How do I sell Qilu Expressway 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.