China Graphite Group Limited
China Graphite Group Limited (HKSE: 2237) is trading at HK$0.19, about ₹2 at today's HKD/INR rate, as of 29 Sep 2026, 11:30 PM ET. Indian residents can buy China Graphite from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.19
Today's high
HK$0.19
52 week low
HK$0.18
52 week high
HK$0.52
2237 opened at HK$0.19, closed previously at HK$0.19, and has traded between HK$0.18 and HK$0.52 over the past 52 weeks.
About
China Graphite Group Limited, operating within the People's Republic of China, primarily focuses on the production and distribution of flake graphite concentrate and spherical graphite. The company obtains its vital raw materials through a dual approach: it extracts unprocessed graphite from its own Beishan Mine, an open-pit graphite ore operation located to the northwest of Luobei County in Heilongjiang Province, and also procures additional unprocessed graphite from external vendors. Additionally, the firm diversifies its offerings by selling unrefined marble. Its customer base predominantly includes industrial manufacturers and retailers who require materials for heat-resistant applications. Established in 2006, the company's main office is situated in Hegang, China. China Graphite Group Limited functions as a subsidiary under the ownership of Sandy Mining Limited.
Key statistics
Avg. volume
287.13K
Market cap
HK$302.40M
P/E Ratio
36.72
Price-to-sales ratio
1.77
Enterprise value
CN¥569.17M
Free cash flow yield
1.50%
Debt-to-equity ratio
0.16
Return on equity
1.11%
ROIC
1.25%
Beta
0.08
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥152.92M
Earnings per share
CN¥0.00
Free cash flow
CN¥7.89M
Net profit margin
4.73%
Gross margin
30.97%
EBITDA
CN¥29.49M
Revenue growth
7.41%
Similar securities
This is not an investment recommendation
How to buy China Graphite from India
Indian residents can buy China Graphite 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 Graphite and place an order
Find China Graphite by name or by its ticker, 2237, 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 Graphite trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Graphite position in HKD and INR. China Graphite 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 China Graphite from India
Trading and taxes when buying China Graphite 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
- NoneChina Graphite does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Graphite stock?
Yes. China Graphite (2237) has been listed on the Hong Kong Stock Exchange since 2022, in the Industrial Materials 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 Graphite share cost in rupees?
One China Graphite share is HK$0.19 — about ₹2 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the China Graphite 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 Graphite 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 Graphite?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Graphite 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 Graphite price. Paasa issues a capital-gains statement for your return.
Does China Graphite pay a dividend?
No. China Graphite 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 China Graphite 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 Graphite a Hong Kong SAR China company, and does that change how it is taxed?
China Graphite trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Graphite 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 Graphite 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 Graphite holding, its cost and its closing value.
How do I sell China Graphite 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.