Basic House New Life Group Limited
Basic House New Life Group Limited (HKSE: 8360) is trading at HK$0.30, about ₹4 at today's HKD/INR rate, as of 25 Sep 2026, 3:44 AM ET. Indian residents can buy Basic House New Life from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.30
Today's high
HK$0.30
52 week low
HK$0.20
52 week high
HK$0.64
8360 opened at HK$0.30, closed previously at HK$0.30, and has traded between HK$0.20 and HK$0.64 over the past 52 weeks.
About
Basic House New Life Group Limited operates as an investment holding company, primarily delivering comprehensive interior design and fit-out solutions across Hong Kong. Its business is distinctly divided into two core segments: Design and Fit Out Services, and Securities Investment. The company offers an extensive range of services, including pre-lease guidance, detailed interior design and spatial planning, expert project management, contracting, essential repair and maintenance, and thorough after-sales support. Beyond its primary design and fit-out operations, the group also engages in equity securities investments, runs a money lending business, and provides specialized design and fit-out consultancy. Basic House New Life Group caters to a diverse clientele, encompassing both commercial enterprises and individual residential property owners or tenants. The firm, established in 1999 and headquartered in Kwun Tong, Hong Kong, adopted its current name in December 2024, having previously been known as AL Group Limited.
Key statistics
Avg. volume
78.42K
Market cap
HK$108.08M
P/E Ratio
-2.84
Price-to-sales ratio
0.72
Enterprise value
HK$231.09M
Free cash flow yield
-1.68%
Debt-to-equity ratio
-3.34
Return on equity
82.57%
ROIC
-4.73%
Beta
-2.25
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$79.41M
Earnings per share
-HK$0.09
Free cash flow
-HK$54.97M
Net profit margin
-25.23%
Gross margin
6.33%
EBITDA
-HK$11.23M
Revenue growth
20.93%
Similar securities
This is not an investment recommendation
How to buy Basic House New Life from India
Indian residents can buy Basic House New Life 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 Basic House New Life and place an order
Find Basic House New Life by name or by its ticker, 8360, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Basic House New Life trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Basic House New Life position in HKD and INR. Basic House New Life 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 Basic House New Life from India
Trading and taxes when buying Basic House New Life 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
- NoneBasic House New Life does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Basic House New Life stock?
Yes. Basic House New Life (8360) has been listed on the Hong Kong Stock Exchange since 2016, in the Engineering & Construction 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 Basic House New Life share cost in rupees?
One Basic House New Life share is HK$0.30 — about ₹4 at an HKD/INR rate of 12.24 on 27 Sep 2026. Both the Basic House New Life 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 Basic House New Life 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 Basic House New Life?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Basic House New Life 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 Basic House New Life price. Paasa issues a capital-gains statement for your return.
Does Basic House New Life pay a dividend?
No. Basic House New Life 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 Basic House New Life 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 there estate or inheritance tax on Basic House New Life shares held from India?
Hong Kong has no estate duty.
Do I have to declare Basic House New Life 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 Basic House New Life holding, its cost and its closing value.
How do I sell Basic House New Life 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.