Xiamen Jihong Co., Ltd.
Xiamen Jihong Co., Ltd. (HKSE: 2603) is trading at HK$11.60, about ₹142 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 2.27% today. Indian residents can buy Xiamen Jihong from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$11.36
Today's high
HK$11.85
52 week low
HK$11.22
52 week high
HK$19.58
2603 opened at HK$11.85, closed previously at HK$11.87, and has traded between HK$11.22 and HK$19.58 over the past 52 weeks.
About
Xiamen Jihong Co., Ltd. engages in the production and sale of paper containers such as colored packaging cartons, colored packaging boxes, and environmentally-friendly paper bags. It operates through the following business segments: Paper Packaging operation, Cross-border social e-commerce and The Other operations. The Paper packaging operation segment covers the entire production process. The Cross-border social e-commerce segment involves the sale of products in all regions. The company was founded on December 24, 2003 and is headquartered in Xiamen, China.
Key statistics
Avg. volume
2.36M
Market cap
HK$896.47M
P/E Ratio
—
Price-to-sales ratio
—
Enterprise value
—
Free cash flow yield
—
Debt-to-equity ratio
—
Return on equity
—
ROIC
—
Beta
0.88
Dividend yield
—
Last dividend
HK$0.40
Financial overview
Revenue
—
Earnings per share
—
Free cash flow
—
Net profit margin
—
Gross margin
—
EBITDA
—
Revenue growth
—
How to buy Xiamen Jihong from India
Indian residents can buy Xiamen Jihong 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 Xiamen Jihong and place an order
Find Xiamen Jihong by name or by its ticker, 2603, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Xiamen Jihong trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xiamen Jihong 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 Xiamen Jihong from India
Trading and taxes when buying Xiamen Jihong 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.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 Xiamen Jihong stock?
Yes. Xiamen Jihong (2603) has been listed on the Hong Kong Stock Exchange since 2025, in the Packaging & Containers 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 Xiamen Jihong share cost in rupees?
One Xiamen Jihong share is HK$11.60 — about ₹142 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Xiamen Jihong 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 Xiamen Jihong 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 Xiamen Jihong?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Xiamen Jihong 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 Xiamen Jihong price. Paasa issues a capital-gains statement for your return.
Does Xiamen Jihong pay a dividend, and how is it taxed in India?
Yes. Xiamen Jihong pays a dividend — the most recent was HK$0.40 per share, about ₹4.93. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.
When can I trade Xiamen Jihong 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 Xiamen Jihong a Hong Kong SAR China company, and does that change how it is taxed?
Xiamen Jihong trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Xiamen Jihong 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 Xiamen Jihong 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 Xiamen Jihong holding, its cost and its closing value.
How do I sell Xiamen Jihong 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.