Kingsoft And 2 Top High Growth Tech Stocks In Hong Kong

In This Article:

As global markets face heightened volatility and economic uncertainty, the Hong Kong tech sector remains a focal point for investors seeking high growth opportunities. This article will explore three standout stocks in this space, including Kingsoft, highlighting what makes them compelling choices 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.

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

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 its Office Software and Services segment (CN¥4.80 billion) and Entertainment Software segment (CN¥4.18 billion). The company's business operations span Mainland China, Hong Kong, and international markets.

Kingsoft's recent earnings report highlights a significant surge, with Q2 revenue reaching ¥2.47 billion, up from ¥2.19 billion last year, and net income jumping to ¥393.35 million from ¥57.19 million previously. The company's focus on software and AI has driven this growth, particularly through its cloud services segment which is increasingly moving to SaaS models for recurring revenue streams. Notably, Kingsoft's R&D expenses reflect a commitment to innovation, with CNY 1 billion invested in the past year alone. Additionally, their share repurchase program aims to enhance shareholder value by buying back up to 10% of issued shares.

SEHK:3888 Revenue and Expenses Breakdown as at Sep 2024
SEHK:3888 Revenue and Expenses Breakdown as at Sep 2024

Sichuan Kelun-Biotech Biopharmaceutical

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. is a biopharmaceutical company involved in 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.