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The Hong Kong market has been experiencing notable volatility, with the Hang Seng Index recently declining by 3.03% amid weak corporate earnings and economic data. Despite these challenges, high-growth tech stocks in Hong Kong remain a focal point for investors seeking opportunities in an otherwise turbulent environment. When considering high-growth tech stocks, it's important to look at companies with strong fundamentals and innovative products or services that can withstand broader market pressures.
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% | ★★★★★★ |
Akeso | 32.52% | 55.08% | ★★★★★★ |
Innovent Biologics | 21.45% | 59.82% | ★★★★★☆ |
RemeGen | 26.30% | 52.19% | ★★★★★☆ |
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 dive into some prime choices out of from the screener.
Innovent Biologics
Simply Wall St Growth Rating: ★★★★★☆
Overview: Innovent Biologics, Inc. is a biopharmaceutical company that develops and commercializes monoclonal antibodies and other drug assets for oncology, ophthalmology, autoimmune, cardiovascular, and metabolic diseases in China with a market cap of approximately HK$70.30 billion.
Operations: Innovent Biologics generates revenue primarily from its biotechnology segment, amounting to CN¥7.46 billion. The company focuses on developing and commercializing monoclonal antibodies and other drug assets for various medical fields in China.
Innovent Biologics has demonstrated significant growth, with revenue increasing by 21.4% annually and earnings forecasted to grow by 59.8% per year. The company reported sales of ¥3.95 billion for the first half of 2024, up from ¥2.70 billion a year ago, despite a net loss of ¥392 million. Innovent's commitment to R&D is evident in their recent approval of Dupert® (fulzerasib) for NSCLC treatment, showcasing their innovative edge in precision oncology treatments and driving future growth prospects in the biotech sector.
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Navigate through the intricacies of Innovent Biologics with our comprehensive health report here.
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Gain insights into Innovent Biologics' past trends and performance with our Past report.
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 to address unmet medical needs in China and internationally, with a market cap of HK$37.79 billion.