Exploring Undiscovered Gems in Hong Kong This October 2024

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As global markets navigate the complexities of rising oil prices and geopolitical tensions, Hong Kong's stock market has shown resilience, with the Hang Seng Index climbing significantly in recent weeks. This environment presents a unique opportunity to explore lesser-known stocks that may offer potential growth amid broader economic shifts. Identifying promising stocks often involves looking at companies with strong fundamentals and innovative strategies that can thrive even in uncertain times.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Lion Rock Group

16.91%

14.33%

10.15%

★★★★★★

E-Commodities Holdings

21.33%

9.04%

28.46%

★★★★★★

C&D Property Management Group

1.32%

37.15%

41.55%

★★★★★★

ManpowerGroup Greater China

NA

14.56%

1.58%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-3.84%

16.33%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Xin Point Holdings

1.77%

10.88%

22.83%

★★★★★☆

Lvji Technology Holdings

3.06%

4.56%

-1.87%

★★★★★☆

Lee's Pharmaceutical Holdings

14.22%

-1.39%

-14.93%

★★★★★☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 173 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Kinetic Development Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Kinetic Development Group Limited is an investment holding company involved in the extraction and sale of coal products in China, with a market capitalization of HK$14.92 billion.

Operations: Kinetic Development Group generates revenue primarily from the sale of coal products in China. The company's financial performance is highlighted by a net profit margin trend that has shown variability over recent periods.

Kinetic Development Group, with a net debt to equity ratio of 4.7%, presents a satisfactory financial standing. The company's earnings growth of 39% over the past year outpaced the Oil and Gas industry average of 5%, showcasing strong performance. Trading at 54% below its estimated fair value, it offers potential upside for investors. Recent results highlighted sales of CNY 2.53 billion and net income of CNY 1.10 billion, reflecting robust revenue expansion from last year’s figures.

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

Bank of Gansu

Simply Wall St Value Rating: ★★★★★★

Overview: Bank of Gansu Co., Ltd., operating alongside its subsidiary Pingliang Jingning Chengji Rural Bank Co., Ltd., offers a range of banking services in the People’s Republic of China and has a market capitalization of HK$6.78 billion.