China Sanjiang Fine Chemicals Company Limited
China Sanjiang Fine Chemicals Company Limited (HKSE: 2198) is trading at HK$3.56, about ₹44 at today's HKD/INR rate, as of 29 Sep 2026, 3:42 AM ET, down 0.14% today. Indian residents can buy China Sanjiang Fine Chemicals from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$3.51
Today's high
HK$3.60
52 week low
HK$2.29
52 week high
HK$5.90
2198 opened at HK$3.56, closed previously at HK$3.57, and has traded between HK$2.29 and HK$5.90 over the past 52 weeks.
About
China Sanjiang Fine Chemicals Company Limited functions as an investment holding enterprise within the People's Republic of China, focusing on the production and distribution of a diverse range of chemical products. Its primary offerings include ethylene oxide, a vital intermediate for creating ethylene derivatives such as ethanolamines, glycol ethers, and various surfactants. The company also supplies ethylene glycol, used in the synthesis of bio-organic compounds like mono ethylene glycol. Propylene is another key product, essential for manufacturing polypropylene, acrylonitrile, propylene oxide, and acetone. Additionally, it produces polypropylene, a versatile thermoplastic resin applied in knitting, injection molding, films, fibers, and pipe manufacturing. Methyl tert-butyl ether (MTBE) is provided as a gasoline additive to enhance octane ratings and serve as a fuel component. The company also offers surfactants, which are integral across various sectors as scouring, moisturizing, emulsifying, and solubilizing agents. Beyond these core chemicals, Sanjiang Fine Chemicals manufactures and supplies carbon four, crude pentene, and industrial gases including oxygen, nitrogen, and argon. Its service portfolio includes processing for polypropylene, MTBE, and surfactants, along with leasing and storage solutions. The company also provides asset and supply chain management services. Further expanding its operations, China Sanjiang Fine Chemicals is involved in the construction and ongoing management of a pipe network within the Jiaxing Port Chemical Industrial Park. It also engages in the manufacturing and sale of fertilizers, plastics, alcohol ethoxylate, nonylphenols, textile auxiliaries, and polyethylene, complemented by equipment rental services. Established in 2009, the company's headquarters are located in Jiaxing, People's Republic of China.
Key statistics
Avg. volume
4.95M
Market cap
HK$4.11B
P/E Ratio
4.67
Price-to-sales ratio
0.19
Enterprise value
CN¥12.69B
Free cash flow yield
-22.01%
Debt-to-equity ratio
1.92
Return on equity
13.63%
ROIC
5.52%
Beta
0.95
Dividend yield
4.21%
Last dividend
HK$0.05
Financial overview
Revenue
CN¥18.47B
Earnings per share
CN¥0.35
Free cash flow
-CN¥677.70M
Net profit margin
4.00%
Gross margin
7.93%
EBITDA
CN¥1.63B
Revenue growth
-5.71%
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This is not an investment recommendation
How to buy China Sanjiang Fine Chemicals from India
Indian residents can buy China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals and place an order
Find China Sanjiang Fine Chemicals by name or by its ticker, 2198, 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 Sanjiang Fine Chemicals trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals from India
Trading and taxes when buying China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals’ current yield is 4.21%.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 Sanjiang Fine Chemicals stock?
Yes. China Sanjiang Fine Chemicals (2198) has been listed on the Hong Kong Stock Exchange since 2010, in the Chemicals 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 Sanjiang Fine Chemicals share cost in rupees?
One China Sanjiang Fine Chemicals share is HK$3.56 — about ₹44 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals price. Paasa issues a capital-gains statement for your return.
Does China Sanjiang Fine Chemicals pay a dividend, and how is it taxed in India?
Yes. China Sanjiang Fine Chemicals pays a dividend and the current yield is 4.21%; the last declared dividend was HK$0.05 per share, about ₹0.61. 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 Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals a Hong Kong SAR China company, and does that change how it is taxed?
China Sanjiang Fine Chemicals trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals 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 Sanjiang Fine Chemicals holding, its cost and its closing value.
How do I sell China Sanjiang Fine Chemicals 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.