Putian Communication Group Limited
Putian Communication Group Limited (HKSE: 1720) is trading at HK$0.31, about ₹4 at today's HKD/INR rate, as of 25 Sep 2026, 3:59 AM ET, down 1.59% today. Indian residents can buy Putian Communication from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.30
Today's high
HK$0.32
52 week low
HK$0.09
52 week high
HK$0.98
1720 opened at HK$0.31, closed previously at HK$0.32, and has traded between HK$0.09 and HK$0.98 over the past 52 weeks.
About
Established in Nanchang, People's Republic of China, in 2001, Putian Communication Group Limited functions as an investment holding entity primarily involved in the production and sale of optical fiber cables, communication copper cables, and structured cabling system solutions. These offerings, distributed under the proprietary Hanphy brand, primarily serve the market across Mainland China. The company's optical and communication copper cables are provided to telecommunications network operators, playing a crucial role in both the development and ongoing maintenance of their networks. Furthermore, its communication copper cables boast a variety of applications beyond telecommunications. They are essential for the transmission and distribution of electrical power, frequently deployed within urban underground grids, utilized as extraction lines in power stations, and for delivering internal power supplies to industrial and mining facilities. These robust cables also find utility in underwater transmission across rivers or seas and are extensively used for network infrastructure within both residential and commercial buildings. Additionally, the group offers a comprehensive suite of structured cabling system products. This range includes both optical and copper jumper wires, alongside vital connection and distribution components like distribution frames, wiring closets, and various data and audio modules and faceplates, all engineered to facilitate effective information transmission within building environments.
Key statistics
Avg. volume
6.74M
Market cap
HK$341.00M
P/E Ratio
4.83
Price-to-sales ratio
0.31
Enterprise value
CN¥667.96M
Free cash flow yield
5.99%
Debt-to-equity ratio
0.81
Return on equity
9.43%
ROIC
5.10%
Beta
2.17
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥700.10M
Earnings per share
CN¥0.02
Free cash flow
-CN¥42.85M
Net profit margin
6.43%
Gross margin
21.49%
EBITDA
CN¥84.15M
Revenue growth
5.46%
Similar securities
This is not an investment recommendation
How to buy Putian Communication from India
Indian residents can buy Putian Communication 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 Putian Communication and place an order
Find Putian Communication by name or by its ticker, 1720, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Putian Communication trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Putian Communication position in HKD and INR. Putian Communication 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 Putian Communication from India
Trading and taxes when buying Putian Communication 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
- NonePutian Communication 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 Putian Communication stock?
Yes. Putian Communication (1720) has been listed on the Hong Kong Stock Exchange since 2017, in the Communication Equipment 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 Putian Communication share cost in rupees?
One Putian Communication share is HK$0.31 — about ₹4 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Putian Communication 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 Putian Communication 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 Putian Communication?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Putian Communication 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 Putian Communication price. Paasa issues a capital-gains statement for your return.
Does Putian Communication pay a dividend?
No. Putian Communication 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 Putian Communication 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 Putian Communication a Hong Kong SAR China company, and does that change how it is taxed?
Putian Communication trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Putian Communication 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 Putian Communication 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 Putian Communication holding, its cost and its closing value.
How do I sell Putian Communication 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.