Baiwang Co., Ltd.
Baiwang Co., Ltd. (HKSE: 6657) is trading at HK$15.27, about ₹187 at today's HKD/INR rate, as of 30 Sep 2026, 3:56 AM ET, up 6.86% today. Indian residents can buy Baiwang from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$14.50
Today's high
HK$15.50
52 week low
HK$10.80
52 week high
HK$20.00
6657 opened at HK$14.80, closed previously at HK$14.29, and has traded between HK$10.80 and HK$20.00 over the past 52 weeks.
About
Operating in China, Baiwang Co., Ltd., established in Beijing in 2015, provides businesses with comprehensive digital transformation services through its proprietary Baiwang Cloud platform. Its core offerings include a suite of Software-as-a-Service (SaaS) products focused on digitalizing financial and tax processes, such as electronic invoice compliance management, smart financial and tax administration, and intelligent supply chain collaboration. Additionally, the company delivers data-driven intelligence solutions, notably in areas like targeted digital marketing and robust risk assessment.
Key statistics
Avg. volume
215.89K
Market cap
HK$3.45B
P/E Ratio
-52.30
Price-to-sales ratio
4.34
Enterprise value
CN¥3.68B
Free cash flow yield
-3.84%
Debt-to-equity ratio
0.01
Return on equity
-1.03%
ROIC
-3.54%
Beta
0.52
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥728.60M
Earnings per share
-CN¥0.04
Free cash flow
-CN¥156.03M
Net profit margin
-8.39%
Gross margin
40.53%
EBITDA
-CN¥21.02M
Revenue growth
10.53%
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This is not an investment recommendation
How to buy Baiwang from India
Indian residents can buy Baiwang 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 Baiwang and place an order
Find Baiwang by name or by its ticker, 6657, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Baiwang trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Baiwang position in HKD and INR. Baiwang pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Baiwang from India
Trading and taxes when buying Baiwang 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
- NoneBaiwang does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Baiwang stock?
Yes. Baiwang (6657) has been listed on the Hong Kong Stock Exchange since 2024, in the Software - Application 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 Baiwang share cost in rupees?
One Baiwang share is HK$15.27 — about ₹187 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Baiwang 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 Baiwang 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 Baiwang?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Baiwang 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 Baiwang price. Paasa issues a capital-gains statement for your return.
Does Baiwang pay a dividend?
No. Baiwang does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Baiwang 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 Baiwang a Hong Kong SAR China company, and does that change how it is taxed?
Baiwang trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Baiwang 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 Baiwang 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 Baiwang holding, its cost and its closing value.
How do I sell Baiwang 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.