Qinqin Foodstuffs Group (Cayman) Company Limited
Qinqin Foodstuffs Group (Cayman) Company Limited (HKSE: 1583) is trading at HK$0.87, about ₹11 at today's HKD/INR rate, as of 24 Sep 2026, 4:08 AM ET. Indian residents can buy Qinqin Foodstuffs Group (Cayman) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.87
Today's high
HK$0.87
52 week low
HK$0.75
52 week high
HK$1.38
1583 opened at HK$0.87, closed previously at HK$0.87, and has traded between HK$0.75 and HK$1.38 over the past 52 weeks.
About
Qinqin Foodstuffs Group (Cayman) Company Limited operates as an investment holding entity, primarily focused on the creation, sale, and distribution of diverse food and snack items throughout the People's Republic of China. Its business activities are segmented into four main areas: Jelly Products, Crackers and Chips, Seasoning Products, and Confectionery and Other Products. The company offers a broad portfolio of goods, including jelly, crackers, chips, seasoning mixes, sesame candies, chocolates, dried fruits, nuts, biscuits, baked items, dried meats, and vegetarian snacks, all marketed under its Qinqin, Shangerry, and A Snack Shop brands. Additionally, the group is involved in the manufacturing, sales, and distribution of rice wine and a variety of beverage products. Its operations also encompass both conventional and digital trading platforms. Founded in 1990, the company's corporate headquarters are situated in Jinjiang, China.
Key statistics
Avg. volume
20.83K
Market cap
HK$655.79M
P/E Ratio
-29.79
Price-to-sales ratio
0.65
Enterprise value
CN¥234.36M
Free cash flow yield
15.99%
Debt-to-equity ratio
0.08
Return on equity
-1.58%
ROIC
-1.69%
Beta
0.28
Dividend yield
3.92%
Last dividend
HK$0.03
Financial overview
Revenue
CN¥911.46M
Earnings per share
-CN¥0.00
Free cash flow
-CN¥59.89M
Net profit margin
-2.20%
Gross margin
26.25%
EBITDA
CN¥81.47M
Revenue growth
-8.53%
Similar securities
This is not an investment recommendation
How to buy Qinqin Foodstuffs Group (Cayman) from India
Indian residents can buy Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) and place an order
Find Qinqin Foodstuffs Group (Cayman) by name or by its ticker, 1583, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Qinqin Foodstuffs Group (Cayman) trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) from India
Trading and taxes when buying Qinqin Foodstuffs Group (Cayman) 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. Qinqin Foodstuffs Group (Cayman)’s current yield is 3.92%.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 Qinqin Foodstuffs Group (Cayman) stock?
Yes. Qinqin Foodstuffs Group (Cayman) (1583) has been listed on the Hong Kong Stock Exchange since 2016, in the Food Confectioners 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 Qinqin Foodstuffs Group (Cayman) share cost in rupees?
One Qinqin Foodstuffs Group (Cayman) share is HK$0.87 — about ₹11 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman)?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) price. Paasa issues a capital-gains statement for your return.
Does Qinqin Foodstuffs Group (Cayman) pay a dividend, and how is it taxed in India?
Yes. Qinqin Foodstuffs Group (Cayman) pays a dividend and the current yield is 3.92%; the last declared dividend was HK$0.03 per share, about ₹0.42. 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 Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) a Hong Kong SAR China company, and does that change how it is taxed?
Qinqin Foodstuffs Group (Cayman) trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) 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 Qinqin Foodstuffs Group (Cayman) holding, its cost and its closing value.
How do I sell Qinqin Foodstuffs Group (Cayman) 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.