Phoenix Media Investment (Holdings) Limited
Phoenix Media Investment (Holdings) Limited (HKSE: 2008) is trading at HK$1.25, about ₹15 at today's HKD/INR rate, as of 30 Sep 2026, 3:46 AM ET, down 2.73% today. Indian residents can buy Phoenix Media Investment (Holdings) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.25
Today's high
HK$1.26
52 week low
HK$1.21
52 week high
HK$2.17
2008 opened at HK$1.26, closed previously at HK$1.28, and has traded between HK$1.21 and HK$2.17 over the past 52 weeks.
About
Phoenix Media Investment (Holdings) Limited operates as an investment holding company, primarily offering satellite television broadcasting services across the People's Republic of China and globally. The company's operations are divided into five distinct business units: Television Broadcasting, Internet Media, Outdoor Media, Real Estate, and Other Activities. The Television Broadcasting division is responsible for transmitting television programs and commercial advertisements, as well as executing promotional campaigns. This is facilitated through its extensive channel lineup, which includes Phoenix Chinese, Phoenix InfoNews, Phoenix Movies, Phoenix North America Chinese, Phoenix Chinese News and Entertainment, Phoenix Hong Kong, and several other channels. Its Internet Media segment delivers online portal functionalities and various value-added telecommunication offerings. The Outdoor Media segment specializes in providing out-of-home advertising solutions. The Real Estate segment is engaged in both property development and investment activities. Finally, the Other Activities segment covers a diverse array of services, including program creation and associated support, merchandising, the publication and distribution of magazines, among other related services. Additionally, the company extends its business interests into numerous other areas such as radio broadcasting, research and development, cultural initiatives, software and game development, trademark and property management, hotel operations, periodical publishing and distribution, technical and financial consultancy, aircraft chartering, exhibition organization, education technology, program production, real estate brokerage, mobile value-added services, capital market engagement, and a wide range of management and related support services. Established in 1996, the company is headquartered in Tai Po, Hong Kong.
Key statistics
Avg. volume
79.08K
Market cap
HK$621.71M
P/E Ratio
-4.73
Price-to-sales ratio
0.27
Enterprise value
-HK$173.00M
Free cash flow yield
-23.88%
Debt-to-equity ratio
0.27
Return on equity
-8.31%
ROIC
-6.57%
Beta
0.53
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$2.05B
Earnings per share
-HK$0.45
Free cash flow
-HK$218.22M
Net profit margin
-5.70%
Gross margin
6.56%
EBITDA
-HK$93.15M
Revenue growth
-8.15%
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This is not an investment recommendation
How to buy Phoenix Media Investment (Holdings) from India
Indian residents can buy Phoenix Media 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 Phoenix Media Investment (Holdings) and place an order
Find Phoenix Media Investment (Holdings) by name or by its ticker, 2008, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Phoenix Media 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 Phoenix Media Investment (Holdings) position in HKD and INR. Phoenix Media 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 Phoenix Media Investment (Holdings) from India
Trading and taxes when buying Phoenix Media 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
- NonePhoenix Media Investment (Holdings) 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 Phoenix Media Investment (Holdings) stock?
Yes. Phoenix Media Investment (Holdings) (2008) has been listed on the Hong Kong Stock Exchange since 2000, in the Internet Content & Information 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 Phoenix Media Investment (Holdings) share cost in rupees?
One Phoenix Media Investment (Holdings) share is HK$1.25 — about ₹15 at an HKD/INR rate of 12.23 on 30 Sep 2026. Both the Phoenix Media 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 Phoenix Media 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 Phoenix Media 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 Phoenix Media 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 Phoenix Media Investment (Holdings) price. Paasa issues a capital-gains statement for your return.
Does Phoenix Media Investment (Holdings) pay a dividend?
No. Phoenix Media 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 Phoenix Media 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 there estate or inheritance tax on Phoenix Media Investment (Holdings) shares held from India?
Hong Kong has no estate duty.
Do I have to declare Phoenix Media 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 Phoenix Media Investment (Holdings) holding, its cost and its closing value.
How do I sell Phoenix Media 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.