Prinx Chengshan Holdings Limited
Prinx Chengshan Holdings Limited (HKSE: 1809) is trading at HK$6.49, about ₹79 at today's HKD/INR rate, as of 30 Sep 2026, 1:12 AM ET, down 0.15% today. Indian residents can buy Prinx Chengshan from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$6.45
Today's high
HK$6.50
52 week low
HK$6.40
52 week high
HK$8.36
1809 opened at HK$6.50, closed previously at HK$6.50, and has traded between HK$6.40 and HK$8.36 over the past 52 weeks.
About
Prinx Chengshan Holdings Limited functions as an investment holding company, with its group of subsidiaries primarily engaged in the design, production, commerce, and supply of tires. Its extensive market reach spans the People's Republic of China, Thailand, wider Asia, the Americas, Africa, the Middle East, and other international territories. The company's product offerings include steel radial, semi-steel radial, and bias tires, which serve a diverse range of vehicles such as light and pick-up trucks, buses, mixed-road or off-road vehicles, passenger cars, sport utility vehicles, and specialized agricultural and industrial off-highway equipment. These products are distributed under the Prinx, ChengShan, Austone, and Fortune brand names. Furthermore, Prinx Chengshan commits to research and development in tire technology and manufacturing equipment, alongside providing relevant technical support services. The company also deals in inflatable items and related merchandise, and offers tire rental solutions. Established in 1976 and headquartered in Rongcheng, People's Republic of China, the company transitioned from its previous name, Prinx Chengshan (Cayman) Holding Limited, to its current designation in June 2021. Prinx Chengshan Holdings Limited operates as a subsidiary of Chengshan Group Co., Ltd.
Key statistics
Avg. volume
87.37K
Market cap
HK$4.14B
P/E Ratio
3.55
Price-to-sales ratio
0.30
Enterprise value
CN¥5.10B
Free cash flow yield
12.66%
Debt-to-equity ratio
0.22
Return on equity
15.12%
ROIC
11.96%
Beta
0.59
Dividend yield
7.70%
Last dividend
HK$0.50
Financial overview
Revenue
CN¥11.81B
Earnings per share
CN¥1.71
Free cash flow
CN¥564.12M
Net profit margin
8.36%
Gross margin
18.21%
EBITDA
CN¥1.68B
Revenue growth
7.59%
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This is not an investment recommendation
How to buy Prinx Chengshan from India
Indian residents can buy Prinx Chengshan 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 Prinx Chengshan and place an order
Find Prinx Chengshan by name or by its ticker, 1809, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Prinx Chengshan trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Prinx Chengshan 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 Prinx Chengshan from India
Trading and taxes when buying Prinx Chengshan 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. Prinx Chengshan’s current yield is 7.70%.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 Prinx Chengshan stock?
Yes. Prinx Chengshan (1809) has been listed on the Hong Kong Stock Exchange since 2018, in the Auto - Parts 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 Prinx Chengshan share cost in rupees?
One Prinx Chengshan share is HK$6.49 — about ₹79 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Prinx Chengshan 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 Prinx Chengshan 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 Prinx Chengshan?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Prinx Chengshan 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 Prinx Chengshan price. Paasa issues a capital-gains statement for your return.
Does Prinx Chengshan pay a dividend, and how is it taxed in India?
Yes. Prinx Chengshan pays a dividend and the current yield is 7.70%; the last declared dividend was HK$0.50 per share, about ₹6.12. 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 Prinx Chengshan 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 Prinx Chengshan a Hong Kong SAR China company, and does that change how it is taxed?
Prinx Chengshan trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Prinx Chengshan 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 Prinx Chengshan 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 Prinx Chengshan holding, its cost and its closing value.
How do I sell Prinx Chengshan 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.