Asiaray Media Group Limited
Asiaray Media Group Limited (HKSE: 1993) is trading at HK$0.45, about ₹5 at today's HKD/INR rate, as of 29 Sep 2026, 3:39 AM ET, down 1.11% today. Indian residents can buy Asiaray Media from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.45
Today's high
HK$0.55
52 week low
HK$0.41
52 week high
HK$0.85
1993 opened at HK$0.53, closed previously at HK$0.45, and has traded between HK$0.41 and HK$0.85 over the past 52 weeks.
About
Asiaray Media Group Limited functions as an investment holding company, serving as a leading out-of-home (OOH) media provider throughout Mainland China, Hong Kong, Macau, and Southeast Asia. Its operations are segmented into Airports Business, Metro and Billboards Business, and Bus and Other Business. The company actively develops and manages various OOH advertising platforms, including displays situated in airports, along metro lines, on billboards, and integrated into building solutions. Furthermore, it offers advertising placements on bus exteriors and interiors, within bus shelters, and through other media channels. Beyond its media offerings, Asiaray provides design, consultancy, construction, and maintenance services, along with advertising production, installation, and dismantling. It also holds investments in properties. Founded in 1993, the company is headquartered in Quarry Bay, Hong Kong, and is a subsidiary of Media Cornerstone Limited.
Key statistics
Avg. volume
15.20K
Market cap
HK$212.78M
P/E Ratio
20.34
Price-to-sales ratio
0.20
Enterprise value
CN¥1.17B
Free cash flow yield
164.79%
Debt-to-equity ratio
9.24
Return on equity
-7.84%
ROIC
2.61%
Beta
-0.05
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥892.42M
Earnings per share
CN¥0.00
Free cash flow
CN¥408.78M
Net profit margin
2.28%
Gross margin
37.01%
EBITDA
CN¥326.43M
Revenue growth
-16.48%
Similar securities
This is not an investment recommendation
How to buy Asiaray Media from India
Indian residents can buy Asiaray Media 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 Asiaray Media and place an order
Find Asiaray Media by name or by its ticker, 1993, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Asiaray Media trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Asiaray Media position in HKD and INR. Asiaray Media 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 Asiaray Media from India
Trading and taxes when buying Asiaray Media 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
- NoneAsiaray Media does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Asiaray Media stock?
Yes. Asiaray Media (1993) has been listed on the Hong Kong Stock Exchange since 2015, in the Advertising Agencies 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 Asiaray Media share cost in rupees?
One Asiaray Media share is HK$0.45 — about ₹5 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Asiaray Media 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 Asiaray Media 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 Asiaray Media?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Asiaray Media 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 Asiaray Media price. Paasa issues a capital-gains statement for your return.
Does Asiaray Media pay a dividend?
No. Asiaray Media 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 Asiaray Media 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 there estate or inheritance tax on Asiaray Media shares held from India?
Hong Kong has no estate duty.
Do I have to declare Asiaray Media 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 Asiaray Media holding, its cost and its closing value.
How do I sell Asiaray Media 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.