Undiscovered Gems in Hong Kong to Explore This October 2024

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As global markets react to rising U.S. Treasury yields and economic uncertainties, the Hong Kong market presents unique opportunities for investors seeking to explore lesser-known stocks. In this environment, identifying promising small-cap companies that demonstrate resilience and potential growth can be particularly rewarding, as they may offer untapped value amidst broader market fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

PW Medtech Group

0.06%

22.33%

-17.56%

★★★★★★

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%

★★★★★★

China Leon Inspection Holding

8.55%

21.36%

22.77%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

S.A.S. Dragon Holdings

60.96%

4.62%

10.02%

★★★★★☆

Billion Industrial Holdings

3.63%

18.00%

-11.38%

★★★★★☆

Chongqing Machinery & Electric

27.77%

8.82%

11.12%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 168 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

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

Mobvista

Simply Wall St Value Rating: ★★★★☆☆

Overview: Mobvista Inc. is a company that provides advertising and marketing technology services to support the mobile internet ecosystem globally, with a market capitalization of HK$3.63 billion.

Operations: Mobvista generates revenue primarily from its Advertising Technology Services, amounting to $1.17 billion, and a smaller portion from its Marketing Technology Business at $16.98 million.

Mobvista, a promising player in the media industry, has shown remarkable earnings growth of 4320.9% over the past year, surpassing the sector's average of 6.4%. Despite this impressive performance, recent financials reveal net income at US$9.27 million for H1 2024, slightly down from US$10.16 million last year. The company's net debt to equity ratio stands at a satisfactory 4%, indicating prudent financial management amidst volatility in its share price over the past three months. Trading well below estimated fair value by 91.3%, Mobvista presents potential opportunities for discerning investors seeking value in Hong Kong's market landscape.

SEHK:1860 Earnings and Revenue Growth as at Oct 2024
SEHK:1860 Earnings and Revenue Growth as at Oct 2024

Binjiang Service Group

Simply Wall St Value Rating: ★★★★★★

Overview: Binjiang Service Group Co. Ltd. offers property management and related services in the People’s Republic of China, with a market capitalization of HK$5.24 billion.