Bank of China Limited
Bank of China Limited (HKSE: 3988) is trading at HK$6.02, about ₹74 at today's HKD/INR rate, as of 29 Sep 2026, 3:20 AM ET, down 0.91% today. Indian residents can buy Bank of China from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$6.01
Today's high
HK$6.10
52 week low
HK$4.11
52 week high
HK$6.14
3988 opened at HK$6.08, closed previously at HK$6.08, and has traded between HK$4.11 and HK$6.14 over the past 52 weeks.
About
Bank of China Limited, along with its various affiliates, delivers a comprehensive array of banking and financial products and services. The institution's operations are strategically divided into six key divisions: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and other business activities. The Corporate Banking segment caters to corporate clients, government entities, and financial institutions by offering services such as current accounts, deposit accounts, overdrafts, diverse loan products, trade finance, foreign currency exchange, derivative instruments, and wealth management solutions. For retail customers, the Personal Banking segment provides savings facilities, personal lending options, credit and debit cards, payment and settlement services, wealth management offerings, and acts as an agent for investment funds and insurance policies. Treasury Operations focus on foreign exchange transactions, client-driven interest rate and currency derivative dealings, money market activities, proprietary trading, and the management of assets and liabilities. The Investment Banking arm is involved in underwriting debt and equity, financial advisory services, stock brokerage, investment research, asset management, and private equity investments, alongside securities trading. The Insurance division underwrites general and life insurance policies and provides related agency services. Furthermore, the company has an interest in the aircraft leasing business. As of December 31, 2021, the Bank of China maintained an extensive global footprint, operating through 10,382 branches and outlets. This network included 520 institutions located in mainland China and an additional 550 establishments distributed across Hong Kong, Macao, Taiwan, and other international territories. The company was founded in 1912 and its corporate headquarters are located in Beijing, China.
Key statistics
Avg. volume
208.83M
Market cap
HK$2.56T
P/E Ratio
8.11
Price-to-sales ratio
1.75
Enterprise value
CN¥9.07T
Free cash flow yield
41.41%
Debt-to-equity ratio
3.30
Return on equity
8.41%
ROIC
0.66%
Beta
0.12
Dividend yield
3.40%
Last dividend
HK$0.26
Financial overview
Revenue
CN¥1.22T
Earnings per share
CN¥0.74
Free cash flow
CN¥760.76B
Net profit margin
20.36%
Gross margin
51.02%
EBITDA
CN¥329.32B
Revenue growth
129.15%
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This is not an investment recommendation
How to buy Bank of China from India
Indian residents can buy Bank of China 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 Bank of China and place an order
Find Bank of China by name or by its ticker, 3988, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Bank of China trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Bank of China 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 Bank of China from India
Trading and taxes when buying Bank of China 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. Bank of China’s current yield is 3.40%.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 Bank of China stock?
Yes. Bank of China (3988) has been listed on the Hong Kong Stock Exchange since 2006, in the Banks - Diversified 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 Bank of China share cost in rupees?
One Bank of China share is HK$6.02 — about ₹74 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Bank of China 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 Bank of China 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 Bank of China?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Bank of China 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 Bank of China price. Paasa issues a capital-gains statement for your return.
Does Bank of China pay a dividend, and how is it taxed in India?
Yes. Bank of China pays a dividend and the current yield is 3.40%; the last declared dividend was HK$0.26 per share, about ₹3.13. 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 Bank of China 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 Bank of China a Hong Kong SAR China company, and does that change how it is taxed?
Bank of China trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Bank of China 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 Bank of China 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 Bank of China holding, its cost and its closing value.
How do I sell Bank of China 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.