China Everbright Water Limited
China Everbright Water Limited (HKSE: 1857) is trading at HK$1.28, about ₹16 at today's HKD/INR rate, as of 25 Sep 2026, 3:41 AM ET, down 1.16% today. Indian residents can buy China Everbright Water from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.28
Today's high
HK$1.30
52 week low
HK$1.27
52 week high
HK$1.71
1857 opened at HK$1.30, closed previously at HK$1.30, and has traded between HK$1.27 and HK$1.71 over the past 52 weeks.
About
China Everbright Water Limited is an investment holding company that specializes in providing comprehensive water environmental management services across Mainland China and Germany. Its extensive offerings include the treatment of wastewater for reuse, active river restoration, and the management of leachate and general wastewater, alongside the construction and ongoing maintenance of pipeline networks. The company is also deeply involved in the research, development, and advisory aspects of water environmental and treatment technologies, as well as the design, construction, and operation of ecological wetland engineering projects. Furthermore, its service portfolio encompasses business development and management, surveying, mapping, design, and consultancy for various municipal projects. China Everbright Water Limited also participates in the solar energy sector, the development and operation of "sponge cities" (including associated research and development), and the supply, construction, and ongoing operation of water supply facilities and wastewater source heat pump systems. As of December 31, 2021, the water treatment projects it had invested in and operated collectively achieved a designed daily wastewater treatment capacity of approximately 7 million cubic meters. Headquartered in Shenzhen, People's Republic of China, China Everbright Water Limited operates as a subsidiary of China Everbright Water Holdings Limited.
Key statistics
Avg. volume
286.23K
Market cap
HK$3.66B
P/E Ratio
4.60
Price-to-sales ratio
0.82
Enterprise value
HK$19.84B
Free cash flow yield
27.89%
Debt-to-equity ratio
1.23
Return on equity
5.70%
ROIC
3.49%
Beta
0.40
Dividend yield
8.10%
Last dividend
HK$0.10
Financial overview
Revenue
HK$5.36B
Earnings per share
HK$0.30
Free cash flow
HK$654.26M
Net profit margin
17.82%
Gross margin
49.60%
EBITDA
HK$1.92B
Revenue growth
-21.85%
Similar securities
This is not an investment recommendation
How to buy China Everbright Water from India
Indian residents can buy China Everbright Water 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 China Everbright Water and place an order
Find China Everbright Water by name or by its ticker, 1857, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Everbright Water trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Everbright Water 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 China Everbright Water from India
Trading and taxes when buying China Everbright Water 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. China Everbright Water’s current yield is 8.10%.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 China Everbright Water stock?
Yes. China Everbright Water (1857) has been listed on the Hong Kong Stock Exchange since 2019, in the Regulated Water 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 China Everbright Water share cost in rupees?
One China Everbright Water share is HK$1.28 — about ₹16 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the China Everbright Water 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 China Everbright Water 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 China Everbright Water?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Everbright Water 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 China Everbright Water price. Paasa issues a capital-gains statement for your return.
Does China Everbright Water pay a dividend, and how is it taxed in India?
Yes. China Everbright Water pays a dividend and the current yield is 8.10%; the last declared dividend was HK$0.10 per share, about ₹1.27. 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 China Everbright Water 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 China Everbright Water a Hong Kong SAR China company, and does that change how it is taxed?
China Everbright Water trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Everbright Water 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 China Everbright Water 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 China Everbright Water holding, its cost and its closing value.
How do I sell China Everbright Water 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.