Wharf Real Estate Investment Company Limited
Wharf Real Estate Investment Company Limited (HKSE: 1997) is trading at HK$30.94, about ₹379 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 1.31% today. Indian residents can buy Wharf Real Estate Investment from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$30.50
Today's high
HK$31.32
52 week low
HK$20.26
52 week high
HK$34.82
1997 opened at HK$30.88, closed previously at HK$30.54, and has traded between HK$20.26 and HK$34.82 over the past 52 weeks.
About
Wharf Real Estate Investment Company Limited operates as an investment holding entity, specializing in the investment, development, ownership, and operation of real estate and hospitality assets. Its activities span Hong Kong, Mainland China, and Singapore. The company organizes its operations into four distinct segments: Investment Properties, Development Properties, Hotel operations, and Investment activities. Prominent among its diverse portfolio are major commercial hubs like Harbour City, which integrates offices, retail outlets, serviced apartments, hotels, clubs, and extensive parking facilities. Another significant asset is Times Square, a retail space also featuring office and parking provisions. Other notable commercial properties include Wheelock House and Crawford House. In the hotel sector, it manages The Murray, a luxury establishment with 336 rooms. Retail destinations like Plaza Hollywood, complete with shops, restaurants, and a six-screen cinema multiplex, alongside Wheelock Place and Scotts Square mall, further comprise its property holdings. Beyond its property ventures, the company is uniquely involved in operating The Star Ferry, which offers two essential inner-harbour ferry services connecting Tsim Sha Tsui and Wan Chai. Additionally, Wharf Real Estate provides various leasing, finance, and management services, and actively participates in property investment. Established in 1886, the company's headquarters are located in Kowloon, Hong Kong.
Key statistics
Avg. volume
4.96M
Market cap
HK$93.94B
P/E Ratio
-46.32
Price-to-sales ratio
7.37
Enterprise value
HK$123.15B
Free cash flow yield
7.62%
Debt-to-equity ratio
0.17
Return on equity
-1.12%
ROIC
4.11%
Beta
0.84
Dividend yield
5.17%
Last dividend
HK$1.60
Financial overview
Revenue
HK$12.81B
Earnings per share
-HK$1.40
Free cash flow
HK$6.73B
Net profit margin
-15.90%
Gross margin
76.20%
EBITDA
HK$9.57B
Revenue growth
-0.75%
Similar securities
This is not an investment recommendation
How to buy Wharf Real Estate Investment from India
Indian residents can buy Wharf Real Estate Investment 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 Wharf Real Estate Investment and place an order
Find Wharf Real Estate Investment by name or by its ticker, 1997, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Wharf Real Estate Investment trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Wharf Real Estate Investment 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 Wharf Real Estate Investment from India
Trading and taxes when buying Wharf Real Estate Investment 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. Wharf Real Estate Investment’s current yield is 5.17%.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 Wharf Real Estate Investment stock?
Yes. Wharf Real Estate Investment (1997) has been listed on the Hong Kong Stock Exchange since 2017, in the Real Estate - Services 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 Wharf Real Estate Investment share cost in rupees?
One Wharf Real Estate Investment share is HK$30.94 — about ₹379 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Wharf Real Estate Investment 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 Wharf Real Estate Investment 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 Wharf Real Estate Investment?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Wharf Real Estate Investment 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 Wharf Real Estate Investment price. Paasa issues a capital-gains statement for your return.
Does Wharf Real Estate Investment pay a dividend, and how is it taxed in India?
Yes. Wharf Real Estate Investment pays a dividend and the current yield is 5.17%; the last declared dividend was HK$1.60 per share, about ₹19.58. 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 Wharf Real Estate Investment 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 Wharf Real Estate Investment shares held from India?
Hong Kong has no estate duty.
Do I have to declare Wharf Real Estate Investment 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 Wharf Real Estate Investment holding, its cost and its closing value.
How do I sell Wharf Real Estate Investment 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.