Luzhou Xinglu Water (Group) Co., Ltd.
Luzhou Xinglu Water (Group) Co., Ltd. (HKSE: 2281) is trading at HK$0.57, about ₹7 at today's HKD/INR rate, as of 25 Sep 2026, 1:32 AM ET, down 4.20% today. Indian residents can buy Luzhou Xinglu Water (Group) from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.57
Today's high
HK$0.60
52 week low
HK$0.57
52 week high
HK$0.88
2281 opened at HK$0.60, closed previously at HK$0.60, and has traded between HK$0.57 and HK$0.88 over the past 52 weeks.
About
Luzhou Xinglu Water (Group) Co., Ltd. operates as a comprehensive municipal water services provider, active throughout Sichuan Province in the People's Republic of China. This company, a subsidiary of Luzhou City Xinglu Investment Group Co., Ltd., was founded in 1958 and maintains its principal office in Luzhou. Its core business is segmented into the provision of potable water and the treatment of wastewater. Beyond these primary functions, the company's scope of services further extends to water distribution, commercial trading, construction, software development and sales, pipeline installation, and offering specialized technology support. As of December 31, 2021, Luzhou Xinglu Water managed substantial infrastructure, including twelve tap water plants with a combined daily supply capacity of approximately 774,000 tons, and nine wastewater treatment facilities capable of processing 397,000 tons per day. The company caters to a broad clientele, serving residents in both urban and rural areas, industrial and commercial enterprises, local government entities, and various other institutions.
Key statistics
Avg. volume
67.32K
Market cap
HK$490.03M
P/E Ratio
3.93
Price-to-sales ratio
0.35
Enterprise value
CN¥1.89B
Free cash flow yield
59.32%
Debt-to-equity ratio
0.63
Return on equity
3.42%
ROIC
2.01%
Beta
0.39
Dividend yield
8.07%
Last dividend
HK$0.05
Financial overview
Revenue
CN¥1.24B
Earnings per share
CN¥0.13
Free cash flow
CN¥286.86M
Net profit margin
8.63%
Gross margin
34.68%
EBITDA
CN¥595.73M
Revenue growth
-7.03%
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This is not an investment recommendation
How to buy Luzhou Xinglu Water (Group) from India
Indian residents can buy Luzhou Xinglu Water (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.
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 Luzhou Xinglu Water (Group) and place an order
Find Luzhou Xinglu Water (Group) by name or by its ticker, 2281, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Luzhou Xinglu Water (Group) trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Luzhou Xinglu Water (Group) 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 Luzhou Xinglu Water (Group) from India
Trading and taxes when buying Luzhou Xinglu Water (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
- Slab rateDividends are taxed at your slab rate in India. Luzhou Xinglu Water (Group)’s current yield is 8.07%.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 Luzhou Xinglu Water (Group) stock?
Yes. Luzhou Xinglu Water (Group) (2281) has been listed on the Hong Kong Stock Exchange since 2017, in the Regulated Water 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 Luzhou Xinglu Water (Group) share cost in rupees?
One Luzhou Xinglu Water (Group) share is HK$0.57 — about ₹7 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Luzhou Xinglu Water (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 Luzhou Xinglu Water (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 Luzhou Xinglu Water (Group)?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Luzhou Xinglu Water (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 Luzhou Xinglu Water (Group) price. Paasa issues a capital-gains statement for your return.
Does Luzhou Xinglu Water (Group) pay a dividend, and how is it taxed in India?
Yes. Luzhou Xinglu Water (Group) pays a dividend and the current yield is 8.07%; the last declared dividend was HK$0.05 per share, about ₹0.56. 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 Luzhou Xinglu Water (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 Luzhou Xinglu Water (Group) a Hong Kong SAR China company, and does that change how it is taxed?
Luzhou Xinglu Water (Group) trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Luzhou Xinglu Water (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 Luzhou Xinglu Water (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 Luzhou Xinglu Water (Group) holding, its cost and its closing value.
How do I sell Luzhou Xinglu Water (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.