Quanzhou Huixin Micro-credit Co., Ltd.
Quanzhou Huixin Micro-credit Co., Ltd. (HKSE: 1577) is trading at HK$1.05, about ₹13 at today's HKD/INR rate, as of 29 Sep 2026, 10:19 PM ET, down 10.68% today. Indian residents can buy Quanzhou Huixin Micro-credit from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.01
Today's high
HK$1.05
52 week low
HK$0.83
52 week high
HK$1.20
1577 opened at HK$1.01, closed previously at HK$1.17, and has traded between HK$0.83 and HK$1.20 over the past 52 weeks.
About
Quanzhou Huixin Micro-credit Co., Ltd., a microfinance company, provides various short-term financing solutions to entrepreneurial individuals, small and medium-sized enterprises, and microenterprises in the People’s Republic of China. It offers revolving credit, joint-guaranteed, targeted payment, bridge, and collateralized quick-access loans. The company also provides investment advisory, management advisory, and information technology advisory services; treasury operation; and food manufacturing services. Quanzhou Huixin Micro-credit Co., Ltd. was incorporated in 2010 and is headquartered in Quanzhou, the People’s Republic of China.
Key statistics
Avg. volume
6.22K
Market cap
HK$710.60M
P/E Ratio
6.10
Price-to-sales ratio
4.14
Enterprise value
CN¥660.76M
Free cash flow yield
33.22%
Debt-to-equity ratio
0.03
Return on equity
7.57%
ROIC
6.98%
Beta
0.15
Dividend yield
5.50%
Last dividend
HK$0.06
Financial overview
Revenue
CN¥142.77M
Earnings per share
CN¥0.14
Free cash flow
CN¥202.91M
Net profit margin
67.90%
Gross margin
98.43%
EBITDA
CN¥135.70M
Revenue growth
-17.64%
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This is not an investment recommendation
How to buy Quanzhou Huixin Micro-credit from India
Indian residents can buy Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit and place an order
Find Quanzhou Huixin Micro-credit by name or by its ticker, 1577, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Quanzhou Huixin Micro-credit trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit from India
Trading and taxes when buying Quanzhou Huixin Micro-credit 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. Quanzhou Huixin Micro-credit’s current yield is 5.50%.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 Quanzhou Huixin Micro-credit stock?
Yes. Quanzhou Huixin Micro-credit (1577) has been listed on the Hong Kong Stock Exchange since 2016, in the Financial - Credit Services 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 Quanzhou Huixin Micro-credit share cost in rupees?
One Quanzhou Huixin Micro-credit share is HK$1.05 — about ₹13 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit price. Paasa issues a capital-gains statement for your return.
Does Quanzhou Huixin Micro-credit pay a dividend, and how is it taxed in India?
Yes. Quanzhou Huixin Micro-credit pays a dividend and the current yield is 5.50%; the last declared dividend was HK$0.06 per share, about ₹0.70. 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 Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit a Hong Kong SAR China company, and does that change how it is taxed?
Quanzhou Huixin Micro-credit trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit 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 Quanzhou Huixin Micro-credit holding, its cost and its closing value.
How do I sell Quanzhou Huixin Micro-credit 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.