Maoyan Entertainment
Maoyan Entertainment (HKSE: 1896) is trading at HK$3.90, about ₹48 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 0.26% today. Indian residents can buy Maoyan Entertainment from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$3.88
Today's high
HK$3.98
52 week low
HK$3.78
52 week high
HK$8.16
1896 opened at HK$3.96, closed previously at HK$3.89, and has traded between HK$3.78 and HK$8.16 over the past 52 weeks.
About
Maoyan Entertainment, founded in 2017 and headquartered in Beijing, China, operates a prominent digital platform that delivers a wide array of internet-powered entertainment services across the People's Republic of China. Its core activities encompass facilitating online ticketing for films and live events, alongside significant involvement in the entire entertainment content lifecycle, from investment and production to distribution and promotion. This extensive portfolio includes movies, television series, games, variety shows, and animated productions. Beyond content and ticketing, Maoyan offers robust advertising solutions, specialized computer technology research, film project advisory, e-business, and network technology services. The company also provides economic and trade consultation, commercial factoring, talent agency services, and engages in literary creation, performance, and the import/export of technology and goods. Its diverse clientele primarily consists of cinemas, entertainment content creators, distributors, and advertisers.
Key statistics
Avg. volume
6.95M
Market cap
HK$4.53B
P/E Ratio
10.88
Price-to-sales ratio
0.99
Enterprise value
CN¥1.20B
Free cash flow yield
40.86%
Debt-to-equity ratio
0.04
Return on equity
3.92%
ROIC
3.27%
Beta
0.82
Dividend yield
5.64%
Last dividend
HK$0.22
Financial overview
Revenue
CN¥4.63B
Earnings per share
CN¥0.49
Free cash flow
CN¥1.19B
Net profit margin
9.12%
Gross margin
41.28%
EBITDA
CN¥925.80M
Revenue growth
13.46%
Similar securities
This is not an investment recommendation
How to buy Maoyan Entertainment from India
Indian residents can buy Maoyan Entertainment 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 Maoyan Entertainment and place an order
Find Maoyan Entertainment by name or by its ticker, 1896, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Maoyan Entertainment trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Maoyan Entertainment 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 Maoyan Entertainment from India
Trading and taxes when buying Maoyan Entertainment 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. Maoyan Entertainment’s current yield is 5.64%.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 Maoyan Entertainment stock?
Yes. Maoyan Entertainment (1896) has been listed on the Hong Kong Stock Exchange since 2019, in the Internet Content & Information 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 Maoyan Entertainment share cost in rupees?
One Maoyan Entertainment share is HK$3.90 — about ₹48 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Maoyan Entertainment 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 Maoyan Entertainment 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 Maoyan Entertainment?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Maoyan Entertainment 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 Maoyan Entertainment price. Paasa issues a capital-gains statement for your return.
Does Maoyan Entertainment pay a dividend, and how is it taxed in India?
Yes. Maoyan Entertainment pays a dividend and the current yield is 5.64%; the last declared dividend was HK$0.22 per share, about ₹2.70. 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 Maoyan Entertainment 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 Maoyan Entertainment a Hong Kong SAR China company, and does that change how it is taxed?
Maoyan Entertainment trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Maoyan Entertainment 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 Maoyan Entertainment 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 Maoyan Entertainment holding, its cost and its closing value.
How do I sell Maoyan Entertainment 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.