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6960HKSEMarket closedOpens 9:30am HKT

Shuangdeng Group Co., Ltd.

HK$6.03Last updated
-HK$0.12 (1.95%)Past day
Timezone

Shuangdeng Group Co., Ltd. (HKSE: 6960) is trading at HK$6.03, about ₹74 at today's HKD/INR rate, as of 25 Sep 2026, 3:07 AM ET, down 1.95% today. Indian residents can buy Shuangdeng Group from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:HK$6.00
Previous close:HK$6.15
Volume:17.00K

Today's low

HK$5.99

Today's high

HK$6.03

52 week low

HK$5.92

52 week high

HK$27.10

6960 opened at HK$6.00, closed previously at HK$6.15, and has traded between HK$5.92 and HK$27.10 over the past 52 weeks.

About

Shuangdeng Group Co., Ltd. provides energy storage solutions for big-data and telecommunication industries in China. It provides lithium-ion battery systems and smart-Li battery systems for telecom; SHVP lithium batteries for IDC; and SDA10-4850 series lithium iron phosphate battery systems, assemble-able batteries SDA10-4820, small cell power system-6KW, small cell power system-2000-D and 3000-D, and air-cooling BESS. The company also offers lead acid batteries, such as communications energy storage solutions, such as backup power for base stations, such as telecommunications, mobile, China Unicom, and ships and railways; and backup power supply for power systems, nuclear power plants, UPS, emergency lighting, etc. It offers its products for telecom, power backup, energy storage, and motive power applications. The company was incorporated in 2011 and is based in Taizhou, China.

Country
CN
CEO
Rui Yang
Exchange listed on
HKSE
Industry
Electrical Equipment & Parts
Base currency
HKD
Full Time Employees
2,379
Sector
Industrials
IPO date
26/08/2025

Key statistics

Avg. volume

365.43K

Market cap

HK$2.07B

P/E Ratio

—

Price-to-sales ratio

—

Enterprise value

—

Free cash flow yield

—

Debt-to-equity ratio

—

Return on equity

—

ROIC

—

Beta

0.67

Dividend yield

—

Last dividend

HK$0.14

Financial overview

Revenue

—

Earnings per share

—

Free cash flow

—

Net profit margin

—

Gross margin

—

EBITDA

—

Revenue growth

—

How to buy Shuangdeng Group from India

Indian residents can buy Shuangdeng Group 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.

  1. 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.

  2. 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.

  3. Search for Shuangdeng Group and place an order

    Find Shuangdeng Group by name or by its ticker, 6960, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Shuangdeng Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Shuangdeng Group 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 Shuangdeng Group from India

Trading and taxes when buying Shuangdeng Group 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.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 Shuangdeng Group stock?

Yes. Shuangdeng Group (6960) has been listed on the Hong Kong Stock Exchange since 2025, in the Electrical Equipment & Parts 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 Shuangdeng Group share cost in rupees?

One Shuangdeng Group share is HK$6.03 — about ₹74 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Shuangdeng Group 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 Shuangdeng Group 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 Shuangdeng Group?

Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

How are gains on Shuangdeng Group 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 Shuangdeng Group price. Paasa issues a capital-gains statement for your return.

Does Shuangdeng Group pay a dividend, and how is it taxed in India?

Yes. Shuangdeng Group pays a dividend — the most recent was HK$0.14 per share, about ₹1.68. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.

When can I trade Shuangdeng Group 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 Shuangdeng Group a Hong Kong SAR China company, and does that change how it is taxed?

Shuangdeng Group trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Shuangdeng Group 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 Shuangdeng Group 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 Shuangdeng Group holding, its cost and its closing value.

How do I sell Shuangdeng Group 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.