China Merchants Securities Co., Ltd.
China Merchants Securities Co., Ltd. (HKSE: 6099) is trading at HK$14.44, about ₹177 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 2.04% today. Indian residents can buy China Merchants Securities from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$14.23
Today's high
HK$15.03
52 week low
HK$12.60
52 week high
HK$18.65
6099 opened at HK$14.74, closed previously at HK$14.74, and has traded between HK$12.60 and HK$18.65 over the past 52 weeks.
About
China Merchants Securities Co., Ltd. is a prominent financial services firm operating across the People's Republic of China, catering to a diverse clientele including corporate entities, institutional investors, and individual clients. The company's comprehensive suite of investment and trading services is delivered through its distinct segments: Wealth Management and Institutional Business, Investment Banking, Investment Management, and Investment and Trading. Within its Wealth Management and Institutional arm, the firm provides expert investment consultation, personalized portfolio recommendations, financial product sales, and strategic asset allocation advice. Capital-based intermediary services are also a key offering, encompassing margin financing, securities lending, and various stock repurchase and pledge transactions. For institutional clients like fund and insurance companies, it delivers specialized investment research, sales and trading capabilities, and prime brokerage solutions. Furthermore, this segment facilitates trading in a broad array of instruments, including stocks, funds, bonds, futures, and other derivatives. The Investment Banking division specializes in facilitating capital-raising activities, offering both domestic and international equity and debt financing, along with comprehensive underwriting services for equities and bonds. Its expertise extends to structured financing, assisting with over-the-counter (OTC) listings, merger and acquisition advisory, and general financial consulting. Through its Investment Management services, China Merchants Securities provides collective and separately managed accounts, specialized asset management, and manages equity investment funds. Finally, the Investment and Trading segment actively engages in the dealing of equity and fixed-income securities, commodities, foreign exchange, and alternative investments, alongside a variety of derivatives. It also supplies bespoke OTC financial products, operates as a market maker, and offers insurance agency services. Founded in 1991, the company maintains its headquarters in Shenzhen, PRC.
Key statistics
Avg. volume
6.76M
Market cap
HK$125.58B
P/E Ratio
8.63
Price-to-sales ratio
4.38
Enterprise value
CN¥376.21B
Free cash flow yield
33.91%
Debt-to-equity ratio
1.98
Return on equity
13.66%
ROIC
2.02%
Beta
0.52
Dividend yield
3.53%
Last dividend
HK$0.52
Financial overview
Revenue
CN¥40.68B
Earnings per share
CN¥1.32
Free cash flow
-CN¥36.24B
Net profit margin
51.24%
Gross margin
83.61%
EBITDA
CN¥18.71B
Revenue growth
43.82%
Similar securities
This is not an investment recommendation
How to buy China Merchants Securities from India
Indian residents can buy China Merchants Securities 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 Merchants Securities and place an order
Find China Merchants Securities by name or by its ticker, 6099, 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 Merchants Securities trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your China Merchants Securities 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 Merchants Securities from India
Trading and taxes when buying China Merchants Securities 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 Merchants Securities’ current yield is 3.53%.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 Merchants Securities stock?
Yes. China Merchants Securities (6099) has been listed on the Hong Kong Stock Exchange since 2016, in the Financial - Capital Markets 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 Merchants Securities share cost in rupees?
One China Merchants Securities share is HK$14.44 — about ₹177 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the China Merchants Securities 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 Merchants Securities 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 Merchants Securities?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on China Merchants Securities 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 Merchants Securities price. Paasa issues a capital-gains statement for your return.
Does China Merchants Securities pay a dividend, and how is it taxed in India?
Yes. China Merchants Securities pays a dividend and the current yield is 3.53%; the last declared dividend was HK$0.52 per share, about ₹6.31. 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 Merchants Securities 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 Merchants Securities a Hong Kong SAR China company, and does that change how it is taxed?
China Merchants Securities trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. China Merchants Securities 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 Merchants Securities 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 Merchants Securities holding, its cost and its closing value.
How do I sell China Merchants Securities 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.