China Gas Industry Investment Holdings Co. Ltd.
China Gas Industry Investment Holdings Co. Ltd. (HKSE: 1940) is trading at HK$1.24, about ₹15 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.98% today. Indian residents can buy China Gas Industry Investment Holdings from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.24
Today's high
HK$1.26
52 week low
HK$0.60
52 week high
HK$2.00
1940 opened at HK$1.26, closed previously at HK$1.26, and has traded between HK$0.60 and HK$2.00 over the past 52 weeks.
About
China Gas Industry Investment Holdings Co., Ltd. functions as an investment holding firm primarily engaged in the manufacturing and distribution of industrial gases throughout the People's Republic of China. The company's product line encompasses vital gases like oxygen, nitrogen, argon, hydrogen, and carbon dioxide. Its main operations involve supplying industrial gases via pipelines and delivering liquefied industrial gas (LNG) using road tankers to independent third-party clients located off-site. Additionally, the company is involved in broader LNG-related activities, including gas transmission services and the operation of an LNG filling station for automobiles. They also undertake the construction of industrial gas infrastructure projects. Their diverse customer base spans various sectors, such as medical, marine, engineering, solar energy, food processing, and automotive industries. Founded in 2004, the company's headquarters are situated in Tangshan, China.
Key statistics
Avg. volume
403.51K
Market cap
HK$1.48B
P/E Ratio
6.45
Price-to-sales ratio
0.70
Enterprise value
CN¥1.24B
Free cash flow yield
10.54%
Debt-to-equity ratio
0.14
Return on equity
10.22%
ROIC
10.04%
Beta
1.69
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥1.49B
Earnings per share
CN¥0.13
Free cash flow
CN¥129.46M
Net profit margin
10.75%
Gross margin
24.06%
EBITDA
CN¥356.42M
Revenue growth
13.39%
Similar securities
This is not an investment recommendation
How to buy China Gas Industry Investment Holdings from India
Indian residents can buy China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings and place an order
Find China Gas Industry Investment Holdings by name or by its ticker, 1940, 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 Gas Industry Investment Holdings trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Gas Industry Investment Holdings position in HKD and INR. China Gas Industry Investment Holdings pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in China Gas Industry Investment Holdings from India
Trading and taxes when buying China Gas Industry Investment Holdings 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
- NoneChina Gas Industry Investment Holdings does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Gas Industry Investment Holdings stock?
Yes. China Gas Industry Investment Holdings (1940) has been listed on the Hong Kong Stock Exchange since 2020, in the Regulated Gas 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 Gas Industry Investment Holdings share cost in rupees?
One China Gas Industry Investment Holdings share is HK$1.24 — about ₹15 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings 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 Gas Industry Investment Holdings?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings price. Paasa issues a capital-gains statement for your return.
Does China Gas Industry Investment Holdings pay a dividend?
No. China Gas Industry Investment Holdings does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings a Hong Kong SAR China company, and does that change how it is taxed?
China Gas Industry Investment Holdings trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Gas Industry Investment Holdings 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 Gas Industry Investment Holdings 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 Gas Industry Investment Holdings holding, its cost and its closing value.
How do I sell China Gas Industry Investment Holdings 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.