Huishang Bank Corporation Limited
Huishang Bank Corporation Limited (HKSE: 3698) is trading at HK$4.72, about ₹58 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 0.64% today. Indian residents can buy Huishang Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$4.69
Today's high
HK$4.80
52 week low
HK$3.10
52 week high
HK$5.49
3698 opened at HK$4.75, closed previously at HK$4.69, and has traded between HK$3.10 and HK$5.49 over the past 52 weeks.
About
Huishang Bank Corporation Limited, along with its associated entities, delivers a comprehensive suite of commercial banking services throughout the People's Republic of China. Its operations are structured into four main divisions: Corporate Banking, Retail Banking, Treasury, and Other Services. The bank offers a variety of financial products to corporate clients, government bodies, and financial institutions. These include checking and deposit accounts, overdraft facilities, diverse loan options, trade-related financial instruments, and other credit solutions. It also facilitates foreign currency transactions and provides wealth management products. For individual customers, the bank supplies savings accounts, personal credit and advances, credit and debit cards, payment processing, investment products (such as wealth management and funds), and insurance brokerage services. Furthermore, the company actively participates in securities investments, money market operations, and repurchase agreements. It also provides digital banking solutions through online and mobile platforms. Additional services encompass the management of both Renminbi and foreign currency deposits, clearing and settlement functionalities, asset safekeeping, and financial leasing. As of December 31, 2021, Huishang Bank boasted a significant physical footprint with 21 main branches and 478 customer service points. Its extensive self-service network included 609 self-service banking centers and a total of 2,002 automated cash machines, comprising 1,213 cash recycling machines and 789 smart terminals. Established in 1997 under its original name, Hefei Commercial Bank Co., Ltd., the institution was rebranded as Huishang Bank Corporation Limited in November 2005. Its headquarters are located in Hefei, China.
Key statistics
Avg. volume
7.09M
Market cap
HK$65.56B
P/E Ratio
3.54
Price-to-sales ratio
1.03
Enterprise value
CN¥550.39B
Free cash flow yield
54.13%
Debt-to-equity ratio
3.82
Return on equity
10.23%
ROIC
0.69%
Beta
0.10
Dividend yield
6.09%
Last dividend
HK$0.29
Financial overview
Revenue
CN¥75.91B
Earnings per share
CN¥1.11
Free cash flow
CN¥27.96B
Net profit margin
30.46%
Gross margin
61.21%
EBITDA
CN¥19.14B
Revenue growth
124.81%
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This is not an investment recommendation
How to buy Huishang Bank from India
Indian residents can buy Huishang Bank 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 Huishang Bank and place an order
Find Huishang Bank by name or by its ticker, 3698, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Huishang Bank trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Huishang Bank 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 Huishang Bank from India
Trading and taxes when buying Huishang Bank 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. Huishang Bank’s current yield is 6.09%.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 Huishang Bank stock?
Yes. Huishang Bank (3698) has been listed on the Hong Kong Stock Exchange since 2013, in the Banks - Regional 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 Huishang Bank share cost in rupees?
One Huishang Bank share is HK$4.72 — about ₹58 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Huishang Bank 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 Huishang Bank 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 Huishang Bank?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Huishang Bank 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 Huishang Bank price. Paasa issues a capital-gains statement for your return.
Does Huishang Bank pay a dividend, and how is it taxed in India?
Yes. Huishang Bank pays a dividend and the current yield is 6.09%; the last declared dividend was HK$0.29 per share, about ₹3.52. 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 Huishang Bank 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 Huishang Bank a Hong Kong SAR China company, and does that change how it is taxed?
Huishang Bank trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Huishang Bank 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 Huishang Bank 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 Huishang Bank holding, its cost and its closing value.
How do I sell Huishang Bank 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.