Shanghai Iluvatar Corex
Shanghai Iluvatar Corex (HKSE: 9903) is trading at HK$106.00, about ₹1,297 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, down 9.71% today. Indian residents can buy Shanghai Iluvatar Corex from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$106.00
Today's high
HK$119.10
52 week low
HK$49.63
52 week high
HK$295.83
9903 opened at HK$117.90, closed previously at HK$117.40, and has traded between HK$49.63 and HK$295.83 over the past 52 weeks.
About
Shanghai Iluvatar CoreX Semiconductor Co., Ltd. engages in the research, design, and deployment of advanced GPGPU products and AI computing solutions in China. It offers various GPGPU chips and accelerators, along with its proprietary and full-stack software development kits, including performance-optimized libraries, AI training frameworks and inference engines, enabling powerful AI applications across training and inference scenarios. It primarily develops and sell GPGPU accelerators, the accelerators integrate GPGPU chips with memory modules, PCB, and other critical components, forming complete computing accelerators that are ready for direct application in the end computing systems. TG Series, a training-focused product line; and ZK series, a specialized product line designed for cloud and edge inference applications. The AI Computing Solutions provides GPGPU Servers and GPGPU Clusters. The company sells its products through direct sales force and distributors. Shanghai Iluvatar CoreX Semiconductor Co., Ltd. was founded in 2015 and is based in Shanghai, China.
Key statistics
Avg. volume
6.73M
Market cap
HK$82.67B
P/E Ratio
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Price-to-sales ratio
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Enterprise value
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Free cash flow yield
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Debt-to-equity ratio
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Return on equity
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ROIC
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Beta
-1.36
Dividend yield
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Last dividend
HK$0.00
Financial overview
Revenue
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Earnings per share
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Free cash flow
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Net profit margin
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Gross margin
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EBITDA
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Revenue growth
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How to buy Shanghai Iluvatar Corex from India
Indian residents can buy Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex and place an order
Find Shanghai Iluvatar Corex by name or by its ticker, 9903, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Shanghai Iluvatar Corex trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Shanghai Iluvatar Corex position in HKD and INR. Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex from India
Trading and taxes when buying Shanghai Iluvatar Corex 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
- NoneShanghai Iluvatar Corex 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 Shanghai Iluvatar Corex stock?
Yes. Shanghai Iluvatar Corex (9903) has been listed on the Hong Kong Stock Exchange since 2026, in the Semiconductors 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 Shanghai Iluvatar Corex share cost in rupees?
One Shanghai Iluvatar Corex share is HK$106.00 — about ₹1,297 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex price. Paasa issues a capital-gains statement for your return.
Does Shanghai Iluvatar Corex pay a dividend?
No. Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex a Hong Kong SAR China company, and does that change how it is taxed?
Shanghai Iluvatar Corex trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex 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 Shanghai Iluvatar Corex holding, its cost and its closing value.
How do I sell Shanghai Iluvatar Corex 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.