China Zheshang Bank Co., Ltd
China Zheshang Bank Co., Ltd (HKSE: 2016) is trading at HK$2.39, about ₹29 at today's HKD/INR rate, as of 29 Sep 2026, 4:08 AM ET, up 2.14% today. Indian residents can buy China Zheshang Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.35
Today's high
HK$2.42
52 week low
HK$2.11
52 week high
HK$2.69
2016 opened at HK$2.35, closed previously at HK$2.34, and has traded between HK$2.11 and HK$2.69 over the past 52 weeks.
About
China Zheshang Bank Co., Ltd. offers a comprehensive array of banking services and financial products throughout mainland China. The institution's operations are divided into three primary divisions: Corporate Banking, Retail Banking, and Treasury Operations. The Corporate Banking segment provides businesses with diverse financial solutions, including commercial loans, trade financing, deposit accounts, and various intermediary services tailored for corporations. The Retail Banking segment caters to individual customers, furnishing personal credit facilities, savings and deposit products, card services, and a variety of personal financial advisory services. Within the Treasury Operations segment, activities encompass money market and repurchase transactions, investments in debt instruments, proprietary trading and client-focused financial derivatives, and the issuance of debt securities. The bank's clientele is broad, serving individuals, corporations, government bodies, and other institutional entities. As of December 31, 2021, China Zheshang Bank had established 288 branch locations across 21 provinces in China, including a presence in Hong Kong. Founded in 1993, the company's headquarters are situated in Hangzhou, China.
Key statistics
Avg. volume
6.72M
Market cap
HK$79.17B
P/E Ratio
5.95
Price-to-sales ratio
0.66
Enterprise value
CN¥1.09T
Free cash flow yield
-14.02%
Debt-to-equity ratio
6.29
Return on equity
7.08%
ROIC
0.38%
Beta
0.52
Dividend yield
4.56%
Last dividend
HK$0.15
Financial overview
Revenue
CN¥114.08B
Earnings per share
CN¥0.42
Free cash flow
-CN¥8.72B
Net profit margin
10.91%
Gross margin
35.34%
EBITDA
CN¥18.39B
Revenue growth
73.37%
Similar securities
This is not an investment recommendation
How to buy China Zheshang Bank from India
Indian residents can buy China Zheshang 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.
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 Zheshang Bank and place an order
Find China Zheshang Bank by name or by its ticker, 2016, 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 Zheshang Bank trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Zheshang 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 China Zheshang Bank from India
Trading and taxes when buying China Zheshang 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. China Zheshang Bank’s current yield is 4.56%.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 Zheshang Bank stock?
Yes. China Zheshang Bank (2016) has been listed on the Hong Kong Stock Exchange since 2016, 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 China Zheshang Bank share cost in rupees?
One China Zheshang Bank share is HK$2.39 — about ₹29 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the China Zheshang 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 China Zheshang 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 China Zheshang Bank?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Zheshang 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 China Zheshang Bank price. Paasa issues a capital-gains statement for your return.
Does China Zheshang Bank pay a dividend, and how is it taxed in India?
Yes. China Zheshang Bank pays a dividend and the current yield is 4.56%; the last declared dividend was HK$0.15 per share, about ₹1.84. 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 China Zheshang 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 China Zheshang Bank a Hong Kong SAR China company, and does that change how it is taxed?
China Zheshang Bank trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Zheshang 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 China Zheshang 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 China Zheshang Bank holding, its cost and its closing value.
How do I sell China Zheshang 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.