PICC Property and Casualty Company Limited
PICC Property and Casualty Company Limited (HKSE: 2328) is trading at HK$16.45, about ₹201 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.79% today. Indian residents can buy PICC Property and Casualty from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$16.39
Today's high
HK$16.65
52 week low
HK$13.65
52 week high
HK$19.74
2328 opened at HK$16.60, closed previously at HK$16.75, and has traded between HK$13.65 and HK$19.74 over the past 52 weeks.
About
PICC Property and Casualty Company Limited, alongside its affiliated companies, provides a comprehensive range of property and casualty insurance services across the People's Republic of China. The firm segments its operations into categories such as Motor Vehicle, Commercial Property, Cargo, Liability, Accidental Injury and Health, Agriculture, Credit and Surety, and other business lines. Its product portfolio includes policies for accidental injury and medical expenses, short-term health, homeowners, specialized risks, marine hull, and construction, among others. Beyond direct insurance, the company also delivers services encompassing reinsurance, investment management and fund deployment, agency for insurance and claims, training, information technology and business support, and property administration. Founded in 2003 and based in Beijing, China, PICC Property and Casualty Company Limited is an integral subsidiary of The People's Insurance Company (Group) of China Limited.
Key statistics
Avg. volume
31.23M
Market cap
HK$365.89B
P/E Ratio
6.57
Price-to-sales ratio
0.58
Enterprise value
CN¥341.19B
Free cash flow yield
18.88%
Debt-to-equity ratio
0.18
Return on equity
16.11%
ROIC
5.13%
Beta
0.13
Dividend yield
4.68%
Last dividend
HK$0.77
Financial overview
Revenue
CN¥511.79B
Earnings per share
CN¥1.77
Free cash flow
CN¥57.29B
Net profit margin
8.79%
Gross margin
100.00%
EBITDA
CN¥51.13B
Revenue growth
6.30%
Similar securities
This is not an investment recommendation
How to buy PICC Property and Casualty from India
Indian residents can buy PICC Property and Casualty 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 PICC Property and Casualty and place an order
Find PICC Property and Casualty by name or by its ticker, 2328, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. PICC Property and Casualty trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PICC Property and Casualty 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 PICC Property and Casualty from India
Trading and taxes when buying PICC Property and Casualty 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. PICC Property and Casualty’s current yield is 4.68%.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 PICC Property and Casualty stock?
Yes. PICC Property and Casualty (2328) has been listed on the Hong Kong Stock Exchange since 2003, in the Insurance - Property & Casualty 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 PICC Property and Casualty share cost in rupees?
One PICC Property and Casualty share is HK$16.45 — about ₹201 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the PICC Property and Casualty 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 PICC Property and Casualty 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 PICC Property and Casualty?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on PICC Property and Casualty 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 PICC Property and Casualty price. Paasa issues a capital-gains statement for your return.
Does PICC Property and Casualty pay a dividend, and how is it taxed in India?
Yes. PICC Property and Casualty pays a dividend and the current yield is 4.68%; the last declared dividend was HK$0.77 per share, about ₹9.41. 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 PICC Property and Casualty 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 PICC Property and Casualty a Hong Kong SAR China company, and does that change how it is taxed?
PICC Property and Casualty trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. PICC Property and Casualty 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 PICC Property and Casualty 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 PICC Property and Casualty holding, its cost and its closing value.
How do I sell PICC Property and Casualty 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.