Ocean Line Port Development Limited
Ocean Line Port Development Limited (HKSE: 8502) is trading at HK$0.32, about ₹4 at today's HKD/INR rate, as of 29 Sep 2026, 2:41 AM ET, down 3.08% today. Indian residents can buy Ocean Line Port Development from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.31
Today's high
HK$0.33
52 week low
HK$0.25
52 week high
HK$0.38
8502 opened at HK$0.32, closed previously at HK$0.33, and has traded between HK$0.25 and HK$0.38 over the past 52 weeks.
About
Ocean Line Port Development Limited functions as an inland terminal operator, furnishing port logistics services across the People's Republic of China. The company's operations feature two strategically located port facilities, Jiangkou Terminal and Niutoushan Terminal, both situated in Chizhou City, Anhui. Its comprehensive service portfolio includes the loading and unloading of various goods, management of bulk materials, container handling, storage solutions, localized ground transportation, and other supplementary port-related activities. Established in 2007, the firm maintains its principal office in Chizhou, China. Ocean Line Port Development Limited is a subsidiary of Vital Force Development Limited.
Key statistics
Avg. volume
72.62K
Market cap
HK$252.00M
P/E Ratio
3.56
Price-to-sales ratio
1.21
Enterprise value
CN¥42.33M
Free cash flow yield
3.59%
Debt-to-equity ratio
0.03
Return on equity
10.15%
ROIC
6.78%
Beta
0.16
Dividend yield
12.70%
Last dividend
HK$0.04
Financial overview
Revenue
CN¥158.83M
Earnings per share
CN¥0.07
Free cash flow
CN¥34.46M
Net profit margin
34.06%
Gross margin
63.89%
EBITDA
CN¥100.06M
Revenue growth
-10.29%
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This is not an investment recommendation
How to buy Ocean Line Port Development from India
Indian residents can buy Ocean Line Port Development 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 Ocean Line Port Development and place an order
Find Ocean Line Port Development by name or by its ticker, 8502, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Ocean Line Port Development trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ocean Line Port Development 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 Ocean Line Port Development from India
Trading and taxes when buying Ocean Line Port Development 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. Ocean Line Port Development’s current yield is 12.70%.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 Ocean Line Port Development stock?
Yes. Ocean Line Port Development (8502) has been listed on the Hong Kong Stock Exchange since 2018, in the Industrial - Infrastructure Operations 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 Ocean Line Port Development share cost in rupees?
One Ocean Line Port Development share is HK$0.32 — about ₹4 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the Ocean Line Port Development 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 Ocean Line Port Development 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 Ocean Line Port Development?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Ocean Line Port Development 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 Ocean Line Port Development price. Paasa issues a capital-gains statement for your return.
Does Ocean Line Port Development pay a dividend, and how is it taxed in India?
Yes. Ocean Line Port Development pays a dividend and the current yield is 12.70%; the last declared dividend was HK$0.04 per share, about ₹0.49. 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 Ocean Line Port Development 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 Ocean Line Port Development a Hong Kong SAR China company, and does that change how it is taxed?
Ocean Line Port Development trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Ocean Line Port Development 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 Ocean Line Port Development 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 Ocean Line Port Development holding, its cost and its closing value.
How do I sell Ocean Line Port Development 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.