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1983HKSEMarket closedOpens 9:30am HKT

Luzhou Bank Co., Ltd.

HK$2.08Last updated
-HK$0.01 (0.48%)Past day
Timezone

Luzhou Bank Co., Ltd. (HKSE: 1983) is trading at HK$2.08, about ₹25 at today's HKD/INR rate, as of 30 Sep 2026, 2:31 AM ET, down 0.48% today. Indian residents can buy Luzhou Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$2.09
Previous close:HK$2.09
Volume:22.00K

Today's low

HK$2.01

Today's high

HK$2.09

52 week low

HK$1.91

52 week high

HK$2.58

1983 opened at HK$2.09, closed previously at HK$2.09, and has traded between HK$1.91 and HK$2.58 over the past 52 weeks.

About

Luzhou Bank Co., Ltd. engages in the provision of corporate and retail banking, financial market, and other services in the People's Republic of China. The company operates in four segments: Corporate Banking, Retailing Banking, Financial Markets, and Other. It offers corporate banking products and services, such as corporate loans, bill discounting, corporate deposits, corporate products, and financial services for micro and small enterprises; and retail banking products and services comprising retail deposits, personal business and consumption loans, and personal residential and commercial mortgage loans, as well as bank cards, wealth management products, trust plans, precious metal products and services, collection and remit tax services, and other intermediary services. The company is also involved in financial markets business that consists of money market transactions, such as interbank deposits, interbank lending and borrowing, bond repurchase, bill rediscount, and issuance of interbank certificates of deposit; investment business, including bond and SPV investment; and asset management activities. In addition, it provides settlement and agency services, guarantees and credit commitments, and investment banking services. The company was formerly known as Luzhou City Commercial Bank Co., Ltd. and changed its name to Luzhou Bank Co., Ltd. in June 2019. Luzhou Bank Co., Ltd. was incorporated in 1997 and is headquartered in Luzhou, China.

Country
CN
CEO
Song Qun
Exchange listed on
HKSE
Industry
Banks - Regional
Base currency
HKD
Full Time Employees
1,977
Sector
Financial Services
IPO date
17/12/2018

Key statistics

Avg. volume

8.41K

Market cap

HK$5.65B

P/E Ratio

3.12

Price-to-sales ratio

0.57

Enterprise value

CN¥23.87B

Free cash flow yield

-113.54%

Debt-to-equity ratio

2.56

Return on equity

13.36%

ROIC

0.74%

Beta

0.06

Dividend yield

7.19%

Last dividend

HK$0.15

Financial overview

Revenue

CN¥8.86B

Earnings per share

CN¥0.51

Free cash flow

-CN¥6.01B

Net profit margin

18.91%

Gross margin

49.37%

EBITDA

CN¥2.22B

Revenue growth

83.93%

Similar securities

This is not an investment recommendation

How to buy Luzhou Bank from India

Indian residents can buy Luzhou Bank 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 Luzhou Bank and place an order

    Find Luzhou Bank by name or by its ticker, 1983, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Luzhou Bank trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Luzhou Bank 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 Luzhou Bank from India

Trading and taxes when buying Luzhou Bank 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. Luzhou Bank’s current yield is 7.19%.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 Luzhou Bank stock?

Yes. Luzhou Bank (1983) has been listed on the Hong Kong Stock Exchange since 2018, in the Banks - Regional 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 Luzhou Bank share cost in rupees?

One Luzhou Bank share is HK$2.08 — about ₹25 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Luzhou Bank 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 Luzhou Bank 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 Luzhou Bank?

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

How are gains on Luzhou Bank 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 Luzhou Bank price. Paasa issues a capital-gains statement for your return.

Does Luzhou Bank pay a dividend, and how is it taxed in India?

Yes. Luzhou Bank pays a dividend and the current yield is 7.19%; the last declared dividend was HK$0.15 per share, about ₹1.83. 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 Luzhou Bank 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 Luzhou Bank a Hong Kong SAR China company, and does that change how it is taxed?

Luzhou Bank trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Luzhou Bank 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 Luzhou Bank 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 Luzhou Bank holding, its cost and its closing value.

How do I sell Luzhou Bank 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.