Defeng Solife Holdings Limited
Defeng Solife Holdings Limited (HKSE: 8403) is trading at HK$3.12, about ₹38 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.48% today. Indian residents can buy Defeng Solife from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$3.08
Today's high
HK$3.17
52 week low
HK$1.36
52 week high
HK$3.76
8403 opened at HK$3.08, closed previously at HK$3.13, and has traded between HK$1.36 and HK$3.76 over the past 52 weeks.
About
Dowway Holdings Limited, an investment holding entity, functions as a holistic exhibition and event management specialist within the People's Republic of China. The company provides a full spectrum of services, including the design, strategic planning, coordination, and overall management of various exhibitions and events. This involves engaging with suppliers and personnel for the fabrication of necessary elements like backdrops, stages, and display booths, alongside the installation of audio, visual, and lighting infrastructure. Furthermore, they offer diligent on-site supervision for their projects. While Dowway Holdings primarily delivers these integrated services to both domestic and international automobile brands – helping them showcase, promote, and sell their vehicles – the company also undertakes exhibition and event management assignments for clients in other industries. Established in 2002, Dowway Holdings Limited is headquartered in Beijing, China, and operates as a subsidiary of A&B Development Holding Limited.
Key statistics
Avg. volume
65.27K
Market cap
HK$479.71M
P/E Ratio
-20.32
Price-to-sales ratio
4.05
Enterprise value
CN¥429.16M
Free cash flow yield
-7.02%
Debt-to-equity ratio
1.29
Return on equity
-97.74%
ROIC
-28.77%
Beta
0.17
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥92.07M
Earnings per share
-CN¥0.12
Free cash flow
-CN¥9.01M
Net profit margin
-20.76%
Gross margin
15.19%
EBITDA
-CN¥19.62M
Revenue growth
-34.31%
Similar securities
This is not an investment recommendation
How to buy Defeng Solife from India
Indian residents can buy Defeng Solife 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 Defeng Solife and place an order
Find Defeng Solife by name or by its ticker, 8403, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Defeng Solife trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Defeng Solife position in HKD and INR. Defeng Solife 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 Defeng Solife from India
Trading and taxes when buying Defeng Solife 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
- NoneDefeng Solife 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 Defeng Solife stock?
Yes. Defeng Solife (8403) has been listed on the Hong Kong Stock Exchange since 2018, in the Specialty Business Services 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 Defeng Solife share cost in rupees?
One Defeng Solife share is HK$3.12 — about ₹38 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Defeng Solife 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 Defeng Solife 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 Defeng Solife?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Defeng Solife 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 Defeng Solife price. Paasa issues a capital-gains statement for your return.
Does Defeng Solife pay a dividend?
No. Defeng Solife 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 Defeng Solife 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 Defeng Solife a Hong Kong SAR China company, and does that change how it is taxed?
Defeng Solife trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Defeng Solife 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 Defeng Solife 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 Defeng Solife holding, its cost and its closing value.
How do I sell Defeng Solife 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.