Ming Fai International Holdings Limited
Ming Fai International Holdings Limited (HKSE: 3828) is trading at HK$0.76, about ₹9 at today's HKD/INR rate, as of 24 Sep 2026, 9:20 PM ET, up 1.33% today. Indian residents can buy Ming Fai International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.76
Today's high
HK$0.76
52 week low
HK$0.70
52 week high
HK$1.01
3828 opened at HK$0.76, closed previously at HK$0.75, and has traded between HK$0.70 and HK$1.01 over the past 52 weeks.
About
Ming Fai International Holdings Limited operates as an investment holding company that specializes in providing a comprehensive range of supplies to the hospitality industry. It manufactures and distributes these products, while also trading in essential operating equipment across a vast international network, including Hong Kong, North America, Europe, mainland China, Australia, and other regions within Asia Pacific and globally. The company's extensive product portfolio caters to various hotel needs. For guest rooms, offerings include bath mats, a diverse array of acrylic, leather, and resin hotel amenities, portable charging cables, umbrellas, and compact mirrors. Electronic provisions for rooms feature safe deposit boxes, digital scales, flashlights, mini-refrigerators, electric kettles, telephones, hair dryers/irons, and digital clocks. For public areas, Ming Fai supplies lobby equipment comprising message boards, signage, luggage and housekeeping trolleys, hotel railing stands, ashtrays, outdoor refuse bins, podiums, and various stands for umbrellas, luggage, garments, and hats, alongside beverage carts. Janitorial needs are met with a selection of cleaning tools, equipment, waste receptacles, and detergents. Furthermore, their offerings extend to food and beverage items, such as glassware and a wide assortment of kitchenware, including Western dining sets, cutlery, buffet collections, and kitchen appliances. Melamine tableware and childcare cribs are also available. The company provides a full suite of bathroom and linen provisions, encompassing dispensers, bath products, towels, bedding, table linens, footwear, bathrobes, accessories, and mattresses. A significant portion of their inventory is dedicated to ceramics and porcelain, featuring general collections, plates, bowls, soup tureens, coffee and tea sets, color-glazed and specialized Japanese/Korean porcelain, sand and stone pots, and coarse pottery. Founded in 1980, Ming Fai International Holdings Limited maintains its headquarters in Tsuen Wan, Hong Kong.
Key statistics
Avg. volume
237.91K
Market cap
HK$550.12M
P/E Ratio
6.51
Price-to-sales ratio
0.23
Enterprise value
HK$207.87M
Free cash flow yield
32.34%
Debt-to-equity ratio
0.01
Return on equity
6.06%
ROIC
5.63%
Beta
0.45
Dividend yield
8.55%
Last dividend
HK$0.07
Financial overview
Revenue
HK$2.24B
Earnings per share
HK$0.14
Free cash flow
HK$179.75M
Net profit margin
3.57%
Gross margin
19.91%
EBITDA
HK$171.94M
Revenue growth
-3.14%
Similar securities
This is not an investment recommendation
How to buy Ming Fai International from India
Indian residents can buy Ming Fai International 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 Ming Fai International and place an order
Find Ming Fai International by name or by its ticker, 3828, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Ming Fai International trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ming Fai International 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 Ming Fai International from India
Trading and taxes when buying Ming Fai International 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. Ming Fai International’s current yield is 8.55%.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 Ming Fai International stock?
Yes. Ming Fai International (3828) has been listed on the Hong Kong Stock Exchange since 2007, in the Household & Personal Products 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 Ming Fai International share cost in rupees?
One Ming Fai International share is HK$0.76 — about ₹9 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Ming Fai International 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 Ming Fai International 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 Ming Fai International?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Ming Fai International 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 Ming Fai International price. Paasa issues a capital-gains statement for your return.
Does Ming Fai International pay a dividend, and how is it taxed in India?
Yes. Ming Fai International pays a dividend and the current yield is 8.55%; the last declared dividend was HK$0.07 per share, about ₹0.86. 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 Ming Fai International 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 Ming Fai International shares held from India?
Hong Kong has no estate duty.
Do I have to declare Ming Fai International 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 Ming Fai International holding, its cost and its closing value.
How do I sell Ming Fai International 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.