High Growth Tech Stocks In Hong Kong To Watch

As global markets grapple with geopolitical tensions and economic uncertainties, Hong Kong's tech sector has shown resilience, buoyed by optimism surrounding Beijing's support measures. In this dynamic environment, identifying high-growth tech stocks involves looking at companies with strong innovation capabilities and adaptability to shifting 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

25.31%

39.04%

★★★★★☆

RemeGen

26.30%

52.19%

★★★★★☆

Akeso

32.41%

54.21%

★★★★★★

Cowell e Holdings

31.68%

35.44%

★★★★★★

Innovent Biologics

22.24%

59.39%

★★★★★☆

Sichuan Kelun-Biotech Biopharmaceutical

24.70%

8.53%

★★★★★☆

Biocytogen Pharmaceuticals (Beijing)

21.53%

109.17%

★★★★★☆

Beijing Airdoc Technology

37.47%

93.35%

★★★★★☆

Click here to see the full list of 43 stocks from our SEHK High Growth Tech and AI Stocks screener.

Let's explore several standout options from the results in the screener.

Kuaishou Technology

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kuaishou Technology is an investment holding company that offers live streaming, online marketing, and other services in the People’s Republic of China, with a market cap of approximately HK$264.17 billion.

Operations: The company generates revenue primarily from domestic operations, amounting to CN¥117.32 billion, with a smaller contribution from overseas markets at CN¥3.57 billion.

Kuaishou Technology, a contender in Hong Kong's tech arena, has demonstrated robust financial and operational growth. In the recent earnings for Q2 2024, it reported a significant jump in net income to CNY 3.98 billion from CNY 1.48 billion year-over-year, with sales rising to CNY 30.98 billion. This performance is underpinned by an aggressive R&D strategy which saw expenses align closely with revenue enhancements, reflecting a deep commitment to innovation—particularly in AI through its Kling AI platform upgrades and new subscription models aimed at diverse user needs. These strategic moves not only bolster Kuaishou's market position but also enhance its product offerings' sophistication and appeal, setting a strong foundation for future growth trajectories in the highly competitive tech landscape.

SEHK:1024 Revenue and Expenses Breakdown as at Oct 2024
SEHK:1024 Revenue and Expenses Breakdown as at Oct 2024

Tencent Holdings

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tencent Holdings Limited is an investment holding company that provides value-added services, online advertising, fintech, and business services in China and globally, with a market capitalization of approximately HK$4.40 trillion.