China Railway Signal & Communication Corporation Limited
China Railway Signal & Communication Corporation Limited (HKSE: 3969) is trading at HK$2.98, about ₹36 at today's HKD/INR rate, as of 28 Sep 2026, 4:08 AM ET, up 2.23% today. Indian residents can buy China Railway Signal & Communication from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$2.93
Today's high
HK$3.01
52 week low
HK$2.91
52 week high
HK$3.95
3969 opened at HK$2.94, closed previously at HK$2.92, and has traded between HK$2.91 and HK$3.95 over the past 52 weeks.
About
Operating both domestically in China and across international markets, China Railway Signal & Communication Corporation Limited, through its various subsidiaries, specializes in providing advanced control system solutions for rail transportation. Its operations are structured into three primary divisions: Rail Transportation Control System, General Engineering Contracting, and a segment for Other activities. The company's expertise in rail control systems extends to offering design, consulting, and system integration services. Additionally, it manufactures and supplies essential products such as signal systems, communication information systems, and critical infrastructure equipment and associated informational technologies. Beyond product provision, the company offers end-to-end support for rail control systems, including construction, installation, testing, ongoing operation, and maintenance. Its service portfolio further encompasses municipal engineering and various other construction initiatives, alongside activities like investment management, technical exchange, trade, bidding agency services, and comprehensive project management. This Beijing-headquartered company, established in 1953, functions as a subsidiary of China Railway Signal & Communication (Group) Corporation Limited.
Key statistics
Avg. volume
3.55M
Market cap
HK$53.08B
P/E Ratio
14.18
Price-to-sales ratio
1.44
Enterprise value
CN¥40.65B
Free cash flow yield
3.69%
Debt-to-equity ratio
0.26
Return on equity
7.46%
ROIC
5.26%
Beta
0.44
Dividend yield
3.65%
Last dividend
HK$0.20
Financial overview
Revenue
CN¥34.55B
Earnings per share
CN¥0.34
Free cash flow
-CN¥1.75B
Net profit margin
10.29%
Gross margin
13.64%
EBITDA
CN¥4.96B
Revenue growth
6.40%
Similar securities
This is not an investment recommendation
How to buy China Railway Signal & Communication from India
Indian residents can buy China Railway Signal & Communication 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 China Railway Signal & Communication and place an order
Find China Railway Signal & Communication by name or by its ticker, 3969, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. China Railway Signal & Communication trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Railway Signal & Communication 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 China Railway Signal & Communication from India
Trading and taxes when buying China Railway Signal & Communication 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. China Railway Signal & Communication’s current yield is 3.65%.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 China Railway Signal & Communication stock?
Yes. China Railway Signal & Communication (3969) has been listed on the Hong Kong Stock Exchange since 2015, in the Railroads 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 China Railway Signal & Communication share cost in rupees?
One China Railway Signal & Communication share is HK$2.98 — about ₹36 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the China Railway Signal & Communication 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 China Railway Signal & Communication 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 China Railway Signal & Communication?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Railway Signal & Communication 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 China Railway Signal & Communication price. Paasa issues a capital-gains statement for your return.
Does China Railway Signal & Communication pay a dividend, and how is it taxed in India?
Yes. China Railway Signal & Communication pays a dividend and the current yield is 3.65%; the last declared dividend was HK$0.20 per share, about ₹2.39. 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 China Railway Signal & Communication 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 China Railway Signal & Communication a Hong Kong SAR China company, and does that change how it is taxed?
China Railway Signal & Communication trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Railway Signal & Communication 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 China Railway Signal & Communication 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 China Railway Signal & Communication holding, its cost and its closing value.
How do I sell China Railway Signal & Communication 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.