Metallurgical Corporation of China Ltd.
Metallurgical Corporation of China Ltd. (HKSE: 1618) is trading at HK$1.35, about ₹16 at today's HKD/INR rate, as of 30 Sep 2026, 2:44 AM ET, up 1.51% today. Indian residents can buy Metallurgical Corporation of China from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.32
Today's high
HK$1.35
52 week low
HK$1.26
52 week high
HK$3.17
1618 opened at HK$1.33, closed previously at HK$1.33, and has traded between HK$1.26 and HK$3.17 over the past 52 weeks.
About
Metallurgical Corporation of China Ltd. (MCC), through its various subsidiaries, conducts extensive operations both within China and globally across four primary business segments. Its Engineering Contracting division provides comprehensive engineering, construction, and related contractual services for projects spanning both metallurgical and non-metallurgical industries. The Property Development segment focuses on the creation, sale, and management of residential and commercial properties, in addition to land development initiatives. In Equipment Manufacturing, MCC specializes in the design and production of machinery for the metals sector, structural steel components, and diverse other metal products. Lastly, the Resource Development segment oversees the exploration, extraction, and processing of mineral resources, alongside the production of nonferrous metals and polysilicon. The company was established in 2008 and maintains its headquarters in Beijing, People's Republic of China.
Key statistics
Avg. volume
9.98M
Market cap
HK$47.20B
P/E Ratio
99.22
Price-to-sales ratio
0.13
Enterprise value
-CN¥4.24B
Free cash flow yield
119.89%
Debt-to-equity ratio
1.57
Return on equity
0.85%
ROIC
3.02%
Beta
1.04
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥455.38B
Earnings per share
CN¥0.29
Free cash flow
CN¥9.05B
Net profit margin
0.14%
Gross margin
10.14%
EBITDA
CN¥13.23B
Revenue growth
-17.51%
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This is not an investment recommendation
How to buy Metallurgical Corporation of China from India
Indian residents can buy Metallurgical Corporation of China 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 Metallurgical Corporation of China and place an order
Find Metallurgical Corporation of China by name or by its ticker, 1618, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Metallurgical Corporation of China trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Metallurgical Corporation of China position in HKD and INR. Metallurgical Corporation of China pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Metallurgical Corporation of China from India
Trading and taxes when buying Metallurgical Corporation of China 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
- NoneMetallurgical Corporation of China does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Metallurgical Corporation of China stock?
Yes. Metallurgical Corporation of China (1618) has been listed on the Hong Kong Stock Exchange since 2009, 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 Metallurgical Corporation of China share cost in rupees?
One Metallurgical Corporation of China share is HK$1.35 — about ₹16 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Metallurgical Corporation of China 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 Metallurgical Corporation of China 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 Metallurgical Corporation of China?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Metallurgical Corporation of China 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 Metallurgical Corporation of China price. Paasa issues a capital-gains statement for your return.
Does Metallurgical Corporation of China pay a dividend?
No. Metallurgical Corporation of China does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Metallurgical Corporation of China 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 Metallurgical Corporation of China a Hong Kong SAR China company, and does that change how it is taxed?
Metallurgical Corporation of China trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Metallurgical Corporation of China 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 Metallurgical Corporation of China 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 Metallurgical Corporation of China holding, its cost and its closing value.
How do I sell Metallurgical Corporation of China 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.