Neutech Group Limited
Neutech Group Limited (HKSE: 9616) is trading at HK$1.83, about ₹22 at today's HKD/INR rate, as of 30 Sep 2026, 3:47 AM ET, up 0.27% today. Indian residents can buy Neutech from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.80
Today's high
HK$1.86
52 week low
HK$1.76
52 week high
HK$2.70
9616 opened at HK$1.86, closed previously at HK$1.83, and has traded between HK$1.76 and HK$2.70 over the past 52 weeks.
About
Headquartered in Dalian, People's Republic of China, Neutech Group Limited, established in 2000, operates as an investment holding company. The firm, which rebranded from Neusoft Education Technology Co. Limited in January 2025, primarily delivers digital talent education services across the PRC. Its operations are broadly divided into an Education Business segment and a Healthcare and Wellness Business segment. The Education division provides extensive services, encompassing formal higher education via universities that offer bachelor's and junior college degrees, as well as transfer programs, in addition to educational resources, apprenticeship schemes, and lifelong learning opportunities. Concurrently, the Healthcare and Wellness arm focuses on delivering medical and wellness solutions. Beyond these core areas, the company also engages in various other ventures, including publishing, software development, and property management, alongside offering training, medical, healthcare, and hotel services, as well as medical business and hospital management expertise. Neutech also distributes medical devices.
Key statistics
Avg. volume
127.64K
Market cap
HK$1.18B
P/E Ratio
2.52
Price-to-sales ratio
0.49
Enterprise value
CN¥3.40B
Free cash flow yield
19.50%
Debt-to-equity ratio
1.24
Return on equity
15.89%
ROIC
7.58%
Beta
0.05
Dividend yield
15.30%
Last dividend
HK$0.28
Financial overview
Revenue
CN¥2.04B
Earnings per share
CN¥0.61
Free cash flow
CN¥286.42M
Net profit margin
19.76%
Gross margin
45.16%
EBITDA
CN¥858.76M
Revenue growth
-0.14%
Similar securities
This is not an investment recommendation
How to buy Neutech from India
Indian residents can buy Neutech 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 Neutech and place an order
Find Neutech by name or by its ticker, 9616, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Neutech trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Neutech 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 Neutech from India
Trading and taxes when buying Neutech 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. Neutech’s current yield is 15.30%.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 Neutech stock?
Yes. Neutech (9616) has been listed on the Hong Kong Stock Exchange since 2020, in the Education & Training 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 Neutech share cost in rupees?
One Neutech share is HK$1.83 — about ₹22 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Neutech 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 Neutech 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 Neutech?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Neutech 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 Neutech price. Paasa issues a capital-gains statement for your return.
Does Neutech pay a dividend, and how is it taxed in India?
Yes. Neutech pays a dividend and the current yield is 15.30%; the last declared dividend was HK$0.28 per share, about ₹3.43. 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 Neutech 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 Neutech a Hong Kong SAR China company, and does that change how it is taxed?
Neutech trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Neutech 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 Neutech 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 Neutech holding, its cost and its closing value.
How do I sell Neutech 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.