Exploring Kingsoft And 2 Other High Growth Tech Stocks In Hong Kong

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As global markets grapple with economic uncertainties and tech stocks face heightened scrutiny, the Hong Kong market presents unique opportunities for investors. In this article, we explore three high-growth tech stocks in Hong Kong, starting with Kingsoft, to understand what makes them stand out amid current market conditions.

Top 10 High Growth Tech Companies In Hong Kong

Name

Revenue Growth

Earnings Growth

Growth Rating

Wasion Holdings

22.37%

25.47%

★★★★★☆

MedSci Healthcare Holdings

48.74%

48.78%

★★★★★☆

Inspur Digital Enterprise Technology

25.37%

39.10%

★★★★★☆

Cowell e Holdings

31.82%

35.43%

★★★★★★

Innovent Biologics

21.45%

59.82%

★★★★★☆

RemeGen

26.30%

52.19%

★★★★★☆

Akeso

32.75%

54.99%

★★★★★★

Sichuan Kelun-Biotech Biopharmaceutical

25.22%

9.81%

★★★★★☆

Biocytogen Pharmaceuticals (Beijing)

21.53%

109.17%

★★★★★☆

Beijing Airdoc Technology

37.47%

93.35%

★★★★★☆

Click here to see the full list of 45 stocks from our SEHK High Growth Tech and AI Stocks screener.

Let's review some notable picks from our screened stocks.

Kingsoft

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kingsoft Corporation Limited engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally, with a market cap of HK$27.92 billion.

Operations: Kingsoft generates revenue primarily from two segments: Office Software and Services (CN¥4.80 billion) and Entertainment Software (CN¥4.18 billion). The company operates in Mainland China, Hong Kong, and internationally.

Kingsoft's recent earnings report highlights a strong performance, with Q2 revenue at ¥2.47 billion, up from ¥2.19 billion last year, and net income soaring to ¥393.35 million from ¥57.19 million. The company repurchased shares in June 2024 to enhance EPS and NAV per share, reflecting confidence in its financial health. R&D expenses have been substantial, contributing to innovation and growth; Kingsoft's earnings are projected to grow at 24.5% annually while revenue is expected to increase by 12.9% per year.

SEHK:3888 Earnings and Revenue Growth as at Sep 2024
SEHK:3888 Earnings and Revenue Growth as at Sep 2024

Sichuan Kelun-Biotech Biopharmaceutical

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. is a biopharmaceutical company focused on the research, development, manufacturing, and commercialization of novel drugs for unmet medical needs in China and internationally, with a market cap of HK$37.21 billion.

Operations: Kelun-Biotech generates revenue primarily through its pharmaceutical segment, which reported CN¥1.88 billion in sales. The company is engaged in the entire lifecycle of novel drug development from research to commercialization, targeting unmet medical needs both domestically and internationally.