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1880HKSEMarket closedOpens 9:30am HKT

China Tourism Group Duty Free Corporation Limited

HK$45.64Last updated
-HK$0.62 (1.34%)Past day
Timezone

China Tourism Group Duty Free Corporation Limited (HKSE: 1880) is trading at HK$45.64, about ₹558 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.34% today. Indian residents can buy China Tourism Group Duty Free from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$46.00
Previous close:HK$46.26
Volume:151.40K

Today's low

HK$44.80

Today's high

HK$46.00

52 week low

HK$44.80

52 week high

HK$107.00

1880 opened at HK$46.00, closed previously at HK$46.26, and has traded between HK$44.80 and HK$107.00 over the past 52 weeks.

About

China Tourism Group Duty Free Corporation Limited, headquartered in Sanya, China, primarily operates in the duty-free travel retail sector across the country. The company's core business involves the wholesale and retail of a diverse range of duty-free products, including tobacco, alcoholic beverages, fragrances, beauty products, fashion accessories, apparel, and electronic items. Beyond its retail ventures, it also engages in the investment and development of commercial properties. The firm, which was established in 2008, adopted its current name in June 2020, having previously been known as China International Travel Service Corporation Limited. It functions as a subsidiary of China Tourism Group Co., Ltd.

Country
CN
CEO
Zhujun Chang
Exchange listed on
HKSE
Industry
Specialty Retail
Base currency
HKD
Full Time Employees
14,485
Sector
Consumer Cyclical
IPO date
25/08/2022

Key statistics

Avg. volume

1.32M

Market cap

HK$113.65B

P/E Ratio

28.93

Price-to-sales ratio

1.89

Enterprise value

CN¥83.50B

Free cash flow yield

4.62%

Debt-to-equity ratio

0.18

Return on equity

6.50%

ROIC

5.58%

Beta

0.46

Dividend yield

1.36%

Last dividend

HK$0.79

Financial overview

Revenue

CN¥53.69B

Earnings per share

CN¥1.73

Free cash flow

CN¥4.79B

Net profit margin

6.92%

Gross margin

49.76%

EBITDA

CN¥6.79B

Revenue growth

-4.92%

Similar securities

This is not an investment recommendation

How to buy China Tourism Group Duty Free from India

Indian residents can buy China Tourism Group Duty Free 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.

  1. 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.

  2. 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.

  3. Search for China Tourism Group Duty Free and place an order

    Find China Tourism Group Duty Free by name or by its ticker, 1880, 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 Tourism Group Duty Free trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your China Tourism Group Duty Free 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 Tourism Group Duty Free from India

Trading and taxes when buying China Tourism Group Duty Free 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 Tourism Group Duty Free’s current yield is 1.36%.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 Tourism Group Duty Free stock?

Yes. China Tourism Group Duty Free (1880) has been listed on the Hong Kong Stock Exchange since 2022, in the Specialty Retail 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 Tourism Group Duty Free share cost in rupees?

One China Tourism Group Duty Free share is HK$45.64 — about ₹558 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the China Tourism Group Duty Free 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 Tourism Group Duty Free 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 Tourism Group Duty Free?

Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

How are gains on China Tourism Group Duty Free 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 Tourism Group Duty Free price. Paasa issues a capital-gains statement for your return.

Does China Tourism Group Duty Free pay a dividend, and how is it taxed in India?

Yes. China Tourism Group Duty Free pays a dividend and the current yield is 1.36%; the last declared dividend was HK$0.79 per share, about ₹9.69. 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 Tourism Group Duty Free 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 Tourism Group Duty Free a Hong Kong SAR China company, and does that change how it is taxed?

China Tourism Group Duty Free trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Tourism Group Duty Free 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 Tourism Group Duty Free 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 Tourism Group Duty Free holding, its cost and its closing value.

How do I sell China Tourism Group Duty Free 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.