Spotlighting Three Undiscovered Gems In Hong Kong This September 2024

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As global markets face heightened volatility and economic uncertainty, the Hong Kong market has shown resilience, making it an intriguing landscape for discerning investors. Despite broader concerns over economic slowdowns and fluctuating indices, Hong Kong’s small-cap sector offers unique opportunities for those seeking to uncover hidden gems. In this article, we spotlight three lesser-known stocks that exhibit strong fundamentals and potential growth in these challenging times.

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%

★★★★★★

PW Medtech Group

0.06%

22.33%

-17.56%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-3.84%

16.33%

★★★★★★

ManpowerGroup Greater China

NA

14.56%

1.58%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Xin Point Holdings

1.77%

10.88%

22.83%

★★★★★☆

Chongqing Machinery & Electric

28.07%

8.82%

11.12%

★★★★★☆

HBM Holdings

52.89%

66.59%

31.70%

★★★★★☆

Time Interconnect Technology

212.50%

27.21%

15.01%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 170 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Bank of Gansu

Simply Wall St Value Rating: ★★★★★★

Overview: Bank of Gansu Co., Ltd., along with 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 cap of approximately HK$4.07 billion.

Operations: Bank of Gansu generates revenue primarily from retail banking (CN¥2097.89 million) and corporate banking (CN¥1211.45 million), while its financial market operations result in a negative contribution of CN¥368.60 million.

Bank of Gansu, with total assets of CN¥422.2B and equity of CN¥33.6B, has a P/E ratio of 5.9x, below the Hong Kong market average. Total deposits stand at CN¥333.6B, and loans are CN¥228.0B, with a net interest margin of 1.5%. The bank's allowance for bad loans is sufficient at 1.9% of total loans while earnings growth over the past year (2.5%) lagged behind industry growth (3.2%).

SEHK:2139 Earnings and Revenue Growth as at Sep 2024
SEHK:2139 Earnings and Revenue Growth as at Sep 2024

YesAsia Holdings

Simply Wall St Value Rating: ★★★★★★

Overview: YesAsia Holdings Limited, with a market cap of HK$2.63 billion, is an investment holding company involved in the procurement, sale, and trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.