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2238HKSEMarket openCloses 4:00pm HKT

Guangzhou Automobile Group Co., Ltd.

HK$2.38Last updated
-HK$0.16 (6.30%)Past day
Timezone

Guangzhou Automobile Group Co., Ltd. (HKSE: 2238) is trading at HK$2.38, about ₹29 at today's HKD/INR rate, as of 30 Sep 2026, 3:43 AM ET, down 6.30% today. Indian residents can buy Guangzhou Automobile Group from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$2.54
Previous close:HK$2.54
Volume:44.04M

Today's low

HK$2.38

Today's high

HK$2.67

52 week low

HK$2.02

52 week high

HK$4.38

2238 opened at HK$2.54, closed previously at HK$2.54, and has traded between HK$2.02 and HK$4.38 over the past 52 weeks.

About

Guangzhou Automobile Group Co., Ltd., or GAC Group, is a diversified automotive conglomerate established in 1997 and headquartered in Guangzhou, People's Republic of China. A subsidiary of Guangzhou Automobile Industry Group Co., Ltd., GAC Group, along with its various entities, is deeply involved in the entire lifecycle of vehicles and motorcycles—from their initial research and development through manufacturing and eventual sale. The company's extensive product portfolio encompasses a broad range of vehicles, including large to medium-sized passenger cars, light and heavy-duty trucks, construction vehicles, and advanced energy-efficient vehicles. Its motorcycle division produces diverse models such as standard bikes, sport motorcycles, and scooters. Furthermore, GAC Group manufactures numerous essential auto parts and components, including engines, gearboxes, car seats, micro motors, shifters, electric controllers, and both interior and exterior decorative elements. Operating through distinct segments, "Vehicles and Related Operations" and "Others," GAC Group extends its operations throughout Mainland China and internationally. The company provides a comprehensive suite of commercial and financial services, such as financial investment, various insurance products (including brokerage services), financial leasing, and automobile credit. Beyond these, its activities include vehicle sales, logistics, global trade, dealing in pre-owned vehicles, disassembling end-of-life vehicles for recycling, offering supporting services, and developing digitalization and mobility transportation solutions. Additionally, GAC Group's business scope covers investment management services and the trading of steel.

Country
CN
CEO
Xianqing Xia
Exchange listed on
HKSE
Industry
Auto - Manufacturers
Base currency
HKD
Full Time Employees
82,067
Sector
Consumer Cyclical
IPO date
30/08/2010

Key statistics

Avg. volume

15.58M

Market cap

HK$56.88B

P/E Ratio

-5.51

Price-to-sales ratio

0.59

Enterprise value

CN¥47.57B

Free cash flow yield

-63.45%

Debt-to-equity ratio

0.68

Return on equity

-8.12%

ROIC

-9.96%

Beta

0.39

Dividend yield

0.00%

Last dividend

HK$0.00

Financial overview

Revenue

CN¥94.04B

Earnings per share

-CN¥0.83

Free cash flow

-CN¥23.99B

Net profit margin

-10.67%

Gross margin

-0.99%

EBITDA

-CN¥7.20B

Revenue growth

-12.75%

Similar securities

This is not an investment recommendation

How to buy Guangzhou Automobile Group from India

Indian residents can buy Guangzhou Automobile Group 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.

  1. 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.

  2. 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.

  3. Search for Guangzhou Automobile Group and place an order

    Find Guangzhou Automobile Group by name or by its ticker, 2238, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Guangzhou Automobile Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Guangzhou Automobile Group position in HKD and INR. Guangzhou Automobile Group 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 Guangzhou Automobile Group from India

Trading and taxes when buying Guangzhou Automobile Group 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
NoneGuangzhou Automobile Group 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 Guangzhou Automobile Group stock?

Yes. Guangzhou Automobile Group (2238) has been listed on the Hong Kong Stock Exchange since 2010, in the Auto - Manufacturers 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 Guangzhou Automobile Group share cost in rupees?

One Guangzhou Automobile Group share is HK$2.38 — about ₹29 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Guangzhou Automobile Group 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 Guangzhou Automobile Group 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 Guangzhou Automobile Group?

Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

How are gains on Guangzhou Automobile Group 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 Guangzhou Automobile Group price. Paasa issues a capital-gains statement for your return.

Does Guangzhou Automobile Group pay a dividend?

No. Guangzhou Automobile Group 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 Guangzhou Automobile Group 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 Guangzhou Automobile Group a Hong Kong SAR China company, and does that change how it is taxed?

Guangzhou Automobile Group trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Guangzhou Automobile Group 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 Guangzhou Automobile Group 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 Guangzhou Automobile Group holding, its cost and its closing value.

How do I sell Guangzhou Automobile Group 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.