HK Electric Investments and HK Electric Investments Limited
HK Electric Investments and HK Electric Investments Limited (HKSE: 2638) is trading at HK$6.21, about ₹76 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, down 0.08% today. Indian residents can buy HK Electric Investments and HK Electric Investments from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$6.20
Today's high
HK$6.23
52 week low
HK$5.90
52 week high
HK$7.10
2638 opened at HK$6.21, closed previously at HK$6.21, and has traded between HK$5.90 and HK$7.10 over the past 52 weeks.
About
Operating as an investment holding firm, HK Electric Investments and HK Electric Investments Limited is responsible for the generation, transmission, and distribution of electrical power throughout Hong Kong Island and Lamma Island. By December 31, 2021, the company's power production capabilities encompassed an installed capacity of 3,617 megawatts, utilizing a mix of six coal-fired units, five oil-fired gas turbines, three gas-fired combined-cycle units, a solar power system, and a wind turbine. Its infrastructure further boasted a comprehensive 6,734-kilometer transmission and distribution grid, supported by 4,100 substations and 6,300 transformers. Through this extensive network, it supplied electricity to 584,000 clients across residential, commercial, and industrial segments. The company was established in 1889 and maintains its principal offices in Hong Kong.
Key statistics
Avg. volume
2.88M
Market cap
HK$54.83B
P/E Ratio
17.73
Price-to-sales ratio
4.39
Enterprise value
HK$106.20B
Free cash flow yield
6.09%
Debt-to-equity ratio
1.04
Return on equity
6.24%
ROIC
3.54%
Beta
0.60
Dividend yield
5.16%
Last dividend
HK$0.32
Financial overview
Revenue
HK$12.13B
Earnings per share
HK$0.36
Free cash flow
HK$3.39B
Net profit margin
26.97%
Gross margin
49.95%
EBITDA
HK$8.52B
Revenue growth
0.56%
Similar securities
This is not an investment recommendation
How to buy HK Electric Investments and HK Electric Investments from India
Indian residents can buy HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments and place an order
Find HK Electric Investments and HK Electric Investments by name or by its ticker, 2638, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. HK Electric Investments and HK Electric Investments trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments from India
Trading and taxes when buying HK Electric Investments and HK Electric Investments 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. HK Electric Investments and HK Electric Investments’ current yield is 5.16%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy HK Electric Investments and HK Electric Investments stock?
Yes. HK Electric Investments and HK Electric Investments (2638) has been listed on the Hong Kong Stock Exchange since 2014, in the Regulated Electric 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 HK Electric Investments and HK Electric Investments share cost in rupees?
One HK Electric Investments and HK Electric Investments share is HK$6.21 — about ₹76 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments price. Paasa issues a capital-gains statement for your return.
Does HK Electric Investments and HK Electric Investments pay a dividend, and how is it taxed in India?
Yes. HK Electric Investments and HK Electric Investments pays a dividend and the current yield is 5.16%; the last declared dividend was HK$0.32 per share, about ₹3.92. 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 HK Electric Investments and HK Electric Investments 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 there estate or inheritance tax on HK Electric Investments and HK Electric Investments shares held from India?
Hong Kong has no estate duty.
Do I have to declare HK Electric Investments and HK Electric Investments 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 HK Electric Investments and HK Electric Investments holding, its cost and its closing value.
How do I sell HK Electric Investments and HK Electric Investments 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.