Chengdu Expressway Co., Ltd.
Chengdu Expressway Co., Ltd. (HKSE: 1785) is trading at HK$1.93, about ₹24 at today's HKD/INR rate, as of 28 Sep 2026, 3:59 AM ET, down 2.53% today. Indian residents can buy Chengdu Expressway from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.93
Today's high
HK$1.93
52 week low
HK$1.88
52 week high
HK$2.19
1785 opened at HK$1.93, closed previously at HK$1.98, and has traded between HK$1.88 and HK$2.19 over the past 52 weeks.
About
Chengdu Expressway Co., Ltd. is primarily involved in the construction, operation, and upkeep of highway infrastructure within China's Sichuan province, specifically in the Chengdu region. Its operations are divided into two main divisions: Expressway and Energy. As of March 24, 2022, the company's portfolio encompassed ownership of five major expressways: the Chengguan, Chengpeng, Chengwenqiong, Qiongming, and Chengdu Airport Expressways. Additionally, it held an equity stake in the Chengbei Exit Expressway. Cumulatively, its managed network spanned 202.37 kilometers. Beyond its core road business, the Energy segment includes retailing refined oil products, operating compressed natural gas (CNG) refueling stations, and managing electric vehicle charging infrastructure. Founded in 1998 and headquartered in Chengdu, China, the firm was originally known as Chengdu Chengguan Expressway Co., Ltd. before adopting its current name in 2016. It operates as a subsidiary of Chengdu Expressway Construction and Development Co., Ltd.
Key statistics
Avg. volume
17.46K
Market cap
HK$3.20B
P/E Ratio
5.07
Price-to-sales ratio
0.96
Enterprise value
CN¥4.65B
Free cash flow yield
-26.87%
Debt-to-equity ratio
0.74
Return on equity
10.80%
ROIC
5.76%
Beta
0.10
Dividend yield
7.23%
Last dividend
HK$0.14
Financial overview
Revenue
CN¥2.84B
Earnings per share
CN¥0.32
Free cash flow
-CN¥383.50M
Net profit margin
19.12%
Gross margin
37.18%
EBITDA
CN¥1.16B
Revenue growth
-2.45%
Similar securities
This is not an investment recommendation
How to buy Chengdu Expressway from India
Indian residents can buy Chengdu Expressway 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 Chengdu Expressway and place an order
Find Chengdu Expressway by name or by its ticker, 1785, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Chengdu Expressway trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Chengdu Expressway 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 Chengdu Expressway from India
Trading and taxes when buying Chengdu Expressway 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. Chengdu Expressway’s current yield is 7.23%.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 Chengdu Expressway stock?
Yes. Chengdu Expressway (1785) has been listed on the Hong Kong Stock Exchange since 2019, in the Industrial - Infrastructure Operations 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 Chengdu Expressway share cost in rupees?
One Chengdu Expressway share is HK$1.93 — about ₹24 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Chengdu Expressway 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 Chengdu Expressway 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 Chengdu Expressway?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Chengdu Expressway 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 Chengdu Expressway price. Paasa issues a capital-gains statement for your return.
Does Chengdu Expressway pay a dividend, and how is it taxed in India?
Yes. Chengdu Expressway pays a dividend and the current yield is 7.23%; the last declared dividend was HK$0.14 per share, about ₹1.71. 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 Chengdu Expressway 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 Chengdu Expressway a Hong Kong SAR China company, and does that change how it is taxed?
Chengdu Expressway trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Chengdu Expressway 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 Chengdu Expressway 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 Chengdu Expressway holding, its cost and its closing value.
How do I sell Chengdu Expressway 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.