Jilin Province Chuncheng Heating Company Limited
Jilin Province Chuncheng Heating Company Limited (HKSE: 1853) is trading at HK$1.20, about ₹15 at today's HKD/INR rate, as of 29 Sep 2026, 10:26 PM ET, up 2.58% today. Indian residents can buy Jilin Province Chuncheng Heating from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.05
Today's high
HK$1.20
52 week low
HK$0.82
52 week high
HK$10.51
1853 opened at HK$1.05, closed previously at HK$1.17, and has traded between HK$0.82 and HK$10.51 over the past 52 weeks.
About
Jilin Province Chuncheng Heating Company Limited operates within the People's Republic of China, primarily delivering crucial heat supply services. The company's multifaceted operations encompass the generation, distribution, and transmission of heat, as well as managing pipeline connections. By the close of 2021, its heating network extended across an impressive area of approximately 61.795 million square meters. In addition to its core heating business, the firm provides various specialized services, including engineering construction and maintenance, comprehensive design, consulting, and feasibility studies for heating-related initiatives, alongside electrical and instrument maintenance and repair, and the supply of biomass heat. Serving roughly 500,000 residential and non-residential clients, the company was established in 2017, is based in Changchun, China, and functions as a subsidiary of Changchun Chuncheng Investment Development Group Company Limited.
Key statistics
Avg. volume
15.83K
Market cap
HK$557.71M
P/E Ratio
6.15
Price-to-sales ratio
0.28
Enterprise value
CN¥95.70M
Free cash flow yield
13.90%
Debt-to-equity ratio
0.41
Return on equity
7.26%
ROIC
4.41%
Beta
0.45
Dividend yield
2.85%
Last dividend
HK$0.03
Financial overview
Revenue
CN¥1.66B
Earnings per share
CN¥0.17
Free cash flow
CN¥93.21M
Net profit margin
4.68%
Gross margin
17.60%
EBITDA
CN¥249.70M
Revenue growth
-8.10%
How to buy Jilin Province Chuncheng Heating from India
Indian residents can buy Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating and place an order
Find Jilin Province Chuncheng Heating by name or by its ticker, 1853, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Jilin Province Chuncheng Heating trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating from India
Trading and taxes when buying Jilin Province Chuncheng Heating 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. Jilin Province Chuncheng Heating’s current yield is 2.85%.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 Jilin Province Chuncheng Heating stock?
Yes. Jilin Province Chuncheng Heating (1853) has been listed on the Hong Kong Stock Exchange since 2019, in the Independent Power Producers 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 Jilin Province Chuncheng Heating share cost in rupees?
One Jilin Province Chuncheng Heating share is HK$1.20 — about ₹15 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating price. Paasa issues a capital-gains statement for your return.
Does Jilin Province Chuncheng Heating pay a dividend, and how is it taxed in India?
Yes. Jilin Province Chuncheng Heating pays a dividend and the current yield is 2.85%; the last declared dividend was HK$0.03 per share, about ₹0.42. 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 Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating a Hong Kong SAR China company, and does that change how it is taxed?
Jilin Province Chuncheng Heating trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating 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 Jilin Province Chuncheng Heating holding, its cost and its closing value.
How do I sell Jilin Province Chuncheng Heating 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.