Redco Properties Group Limited
Redco Properties Group Limited (HKSE: 1622) is trading at HK$0.13, about ₹2 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, up 3.97% today. Indian residents can buy Redco Properties from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.13
Today's high
HK$0.13
52 week low
HK$0.07
52 week high
HK$0.33
1622 opened at HK$0.13, closed previously at HK$0.13, and has traded between HK$0.07 and HK$0.33 over the past 52 weeks.
About
As an investment holding company, Redco Properties Group Limited primarily focuses on real estate development and property investment within the People's Republic of China. Its operations span several key regions, including the Greater Western Taiwan Straits Economic Zone, Central and Western Regions, Bohai Economic Rim, and the Greater Bay Area, alongside other unspecified areas. The company constructs both residential and commercial properties. Beyond its core real estate business, Redco Properties Group provides a diverse array of services. These encompass construction-related activities such as design, cost consultation, and project management, as well as construction and land reclamation. The firm also offers medical and healthcare services, cultural product design consulting, and engages in cultural, educational, and sports initiatives, including the management of cultural tourism ventures. Furthermore, its portfolio extends to property management, building decoration, telecommunications, trading, various consultancy services, enterprise management, and software innovation. Established in 1992, Redco Properties Group maintains its headquarters in Shenzhen, PRC.
Key statistics
Avg. volume
860.09K
Market cap
HK$465.26M
P/E Ratio
-0.11
Price-to-sales ratio
0.15
Enterprise value
CN¥16.64B
Free cash flow yield
-54.36%
Debt-to-equity ratio
-2.78
Return on equity
66.25%
ROIC
-17.08%
Beta
0.54
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥2.40B
Earnings per share
-CN¥0.83
Free cash flow
-CN¥179.24M
Net profit margin
-137.80%
Gross margin
-48.81%
EBITDA
-CN¥1.88B
Revenue growth
-70.75%
Similar securities
This is not an investment recommendation
How to buy Redco Properties from India
Indian residents can buy Redco Properties 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 Redco Properties and place an order
Find Redco Properties by name or by its ticker, 1622, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Redco Properties trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Redco Properties position in HKD and INR. Redco Properties 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 Redco Properties from India
Trading and taxes when buying Redco Properties 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
- NoneRedco Properties 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 Redco Properties stock?
Yes. Redco Properties (1622) has been listed on the Hong Kong Stock Exchange since 2014, in the Real Estate - Development 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 Redco Properties share cost in rupees?
One Redco Properties share is HK$0.13 — about ₹2 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Redco Properties 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 Redco Properties 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 Redco Properties?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Redco Properties 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 Redco Properties price. Paasa issues a capital-gains statement for your return.
Does Redco Properties pay a dividend?
No. Redco Properties 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 Redco Properties 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 Redco Properties a Hong Kong SAR China company, and does that change how it is taxed?
Redco Properties trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Redco Properties 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 Redco Properties 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 Redco Properties holding, its cost and its closing value.
How do I sell Redco Properties 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.