Discovering Hong Kong's Undiscovered Gems in September 2024

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As global markets react to the U.S. Federal Reserve's recent rate cut, Hong Kong's Hang Seng Index has shown a notable gain of 5.12%, reflecting a cautiously optimistic sentiment among investors. This environment presents an opportune moment to explore some of Hong Kong's lesser-known but promising stocks. In such dynamic conditions, a good stock often demonstrates resilience and potential for growth despite broader market fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

C&D Property Management Group

1.32%

37.15%

41.55%

★★★★★★

Changjiu Holdings

NA

11.84%

2.46%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-3.84%

16.33%

★★★★★★

Sundart Holdings

0.92%

-2.32%

-3.94%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Xin Point Holdings

1.77%

10.88%

22.83%

★★★★★☆

S.A.S. Dragon Holdings

60.96%

4.62%

10.02%

★★★★★☆

Time Interconnect Technology

212.50%

27.21%

15.01%

★★★★☆☆

Chongqing Machinery & Electric

27.77%

8.82%

11.12%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 171 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Kinetic Development Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Kinetic Development Group Limited, with a market cap of HK$12.05 billion, is an investment holding company involved in the extraction and sale of coal products in the People’s Republic of China.

Operations: Kinetic Development Group Limited generates revenue primarily from the extraction and sale of coal products in the People’s Republic of China. The company reported a market cap of HK$12.05 billion.

Kinetic Development Group has shown impressive financial performance, with earnings growth of 39.2% over the past year outpacing the Oil and Gas industry's 4.6%. Their debt to equity ratio has reduced significantly from 28.4% to 12.5% in five years, indicating improved financial health. The company reported sales of CNY 2.53 billion for the first half of 2024, up from CNY 1.49 billion a year ago, and net income rose to CNY 1.10 billion from CNY 570 million last year, reflecting strong operational efficiency and profitability.

SEHK:1277 Debt to Equity as at Sep 2024
SEHK:1277 Debt to Equity as at Sep 2024

Time Interconnect Technology

Simply Wall St Value Rating: ★★★★☆☆

Overview: Time Interconnect Technology Limited, an investment holding company, manufactures and sells cable assembly and networking cable products in various international markets with a market cap of HK$8.29 billion.