JiaXing Gas Group Co., Ltd.
JiaXing Gas Group Co., Ltd. (HKSE: 9908) is trading at HK$7.70, about ₹94 at today's HKD/INR rate, as of 25 Sep 2026, 2:54 AM ET, down 1.28% today. Indian residents can buy JiaXing Gas Group from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$7.70
Today's high
HK$7.70
52 week low
HK$7.50
52 week high
HK$9.10
9908 opened at HK$7.70, closed previously at HK$7.80, and has traded between HK$7.50 and HK$9.10 over the past 52 weeks.
About
JiaXing Gas Group Co., Ltd. is a Chinese enterprise primarily engaged in the distribution of piped natural gas (PNG). The company provides PNG, liquefied natural gas (LNG), and liquefied petroleum gas (LPG) to both residential and commercial clients. Its comprehensive services also include the construction and installation of gas pipeline networks and associated facilities. Beyond its core gas supply, JiaXing Gas Group offers gas technology consulting, develops and manages new energy infrastructure, and operates LNG storage and transportation stations. The firm is also involved in the transport of LNG and compressed natural gas (CNG), the sale of vapor and construction materials, and property leasing. Serving the Jiaxing port area and its urban centers, the company was founded in 1985 as Jiaxing Coalgas Company Limited and is headquartered in Jiaxing, People's Republic of China.
Key statistics
Avg. volume
44.76K
Market cap
HK$1.06B
P/E Ratio
6.39
Price-to-sales ratio
0.27
Enterprise value
CN¥1.55B
Free cash flow yield
34.95%
Debt-to-equity ratio
1.16
Return on equity
11.46%
ROIC
3.09%
Beta
-0.01
Dividend yield
5.53%
Last dividend
HK$0.45
Financial overview
Revenue
CN¥3.12B
Earnings per share
CN¥1.09
Free cash flow
CN¥232.08M
Net profit margin
4.21%
Gross margin
6.96%
EBITDA
CN¥195.58M
Revenue growth
-8.74%
Similar securities
This is not an investment recommendation
How to buy JiaXing Gas Group from India
Indian residents can buy JiaXing Gas Group 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 JiaXing Gas Group and place an order
Find JiaXing Gas Group by name or by its ticker, 9908, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. JiaXing Gas Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your JiaXing Gas Group 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 JiaXing Gas Group from India
Trading and taxes when buying JiaXing Gas Group 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. JiaXing Gas Group’s current yield is 5.53%.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 JiaXing Gas Group stock?
Yes. JiaXing Gas Group (9908) has been listed on the Hong Kong Stock Exchange since 2020, in the Regulated Gas 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 JiaXing Gas Group share cost in rupees?
One JiaXing Gas Group share is HK$7.70 — about ₹94 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the JiaXing Gas Group 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 JiaXing Gas Group 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 JiaXing Gas Group?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on JiaXing Gas Group 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 JiaXing Gas Group price. Paasa issues a capital-gains statement for your return.
Does JiaXing Gas Group pay a dividend, and how is it taxed in India?
Yes. JiaXing Gas Group pays a dividend and the current yield is 5.53%; the last declared dividend was HK$0.45 per share, about ₹5.53. 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 JiaXing Gas Group 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 JiaXing Gas Group a Hong Kong SAR China company, and does that change how it is taxed?
JiaXing Gas Group trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. JiaXing Gas Group 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 JiaXing Gas Group 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 JiaXing Gas Group holding, its cost and its closing value.
How do I sell JiaXing Gas Group 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.