Sands China Ltd.
Sands China Ltd. (HKSE: 1928) is trading at HK$11.85, about ₹145 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 0.51% today. Indian residents can buy Sands China from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$11.67
Today's high
HK$11.96
52 week low
HK$11.67
52 week high
HK$22.00
1928 opened at HK$11.72, closed previously at HK$11.79, and has traded between HK$11.67 and HK$22.00 over the past 52 weeks.
About
Sands China Ltd. functions as an investment holding entity, primarily engaged in the development, ownership, and management of integrated resorts and casinos throughout Macao. Its portfolio features iconic properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao, and The Sands Macao casino. In addition to these, the company operates the Cotai Expo convention and exhibition center, the Cotai Arena entertainment venue, and the Cotai Water Jet ferry service, catering to both leisure and business travelers. By December 31, 2021, Sands China's extensive facilities included 12,373 hotel rooms and suites, 151 restaurants and food outlets, 2.1 million square feet of retail shopping areas, 1.7 million square feet dedicated to MICE events, four permanent theaters, a 15,000-seat arena, and numerous casinos. The company further diversifies its offerings through services like ferry transportation, various leasing arrangements (including pontoon leasing), travel and tourism agency operations, security provisions, human resources administration, and mall management. It also extends outsourcing solutions for information technology, accounting, hotel management, and marketing. Founded in 2009 and headquartered in Taipa, Macau, Sands China Ltd. operates as a subsidiary of Las Vegas Sands Corp.
Key statistics
Avg. volume
16.40M
Market cap
HK$95.91B
P/E Ratio
13.96
Price-to-sales ratio
1.95
Enterprise value
$25.97B
Free cash flow yield
7.67%
Debt-to-equity ratio
5.00
Return on equity
63.96%
ROIC
13.42%
Beta
0.50
Dividend yield
8.44%
Last dividend
HK$0.75
Financial overview
Revenue
$7.44B
Earnings per share
$0.11
Free cash flow
$1.56B
Net profit margin
14.04%
Gross margin
67.72%
EBITDA
$2.05B
Revenue growth
5.13%
Similar securities
This is not an investment recommendation
How to buy Sands China from India
Indian residents can buy Sands China 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 Sands China and place an order
Find Sands China by name or by its ticker, 1928, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Sands China trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sands China 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 Sands China from India
Trading and taxes when buying Sands China 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. Sands China’s current yield is 8.44%.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 Sands China stock?
Yes. Sands China (1928) has been listed on the Hong Kong Stock Exchange since 2009, in the Gambling, Resorts & Casinos 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 Sands China share cost in rupees?
One Sands China share is HK$11.85 — about ₹145 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Sands China 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 Sands China 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 Sands China?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Sands China 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 Sands China price. Paasa issues a capital-gains statement for your return.
Does Sands China pay a dividend, and how is it taxed in India?
Yes. Sands China pays a dividend and the current yield is 8.44%; the last declared dividend was HK$0.75 per share, about ₹9.18. 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 Sands China 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 Sands China a Hong Kong SAR China company, and does that change how it is taxed?
Sands China trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in Macao SAR China. Sands China 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 Sands China 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 Sands China holding, its cost and its closing value.
How do I sell Sands China 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.