High Growth Tech Stocks To Watch In Hong Kong This September 2024
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As global markets navigate a period of economic adjustments and shifting investor sentiment, the Hong Kong tech sector remains a focal point for growth opportunities. With technology stocks showing resilience and strong performance globally, identifying high-growth tech stocks in Hong Kong could be particularly rewarding this September 2024.
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% | ★★★★★★ |
| RemeGen | 26.30% | 52.19% | ★★★★★☆ |
| Akeso | 33.07% | 54.67% | ★★★★★★ |
| Innovent Biologics | 22.34% | 59.40% | ★★★★★☆ |
| Biocytogen Pharmaceuticals (Beijing) | 21.53% | 109.17% | ★★★★★☆ |
| Beijing Airdoc Technology | 37.47% | 93.35% | ★★★★★☆ |
| Sichuan Kelun-Biotech Biopharmaceutical | 24.70% | 8.53% | ★★★★★☆ |
Click here to see the full list of 45 stocks from our SEHK High Growth Tech and AI Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Cowell e Holdings
Simply Wall St Growth Rating: ★★★★★★
Overview: Cowell e Holdings Inc., an investment holding company, designs, develops, manufactures, trades in, and sells optical modules and systems integration products for smartphones, multimedia tablets, smart driving, and other mobile devices in several countries including the People’s Republic of China and India; it has a market cap of approximately HK$17.64 billion.
Operations: Cowell e Holdings Inc. generates revenue primarily from its photographic equipment and supplies segment, amounting to $1.14 billion. The company operates in multiple countries including China, India, and South Korea, focusing on optical modules and systems integration products for various mobile devices.
Cowell e Holdings, a significant player in Hong Kong's tech sector, has demonstrated robust revenue growth of 31.8% annually, outpacing the market average of 7.3%. Despite a slight dip in net income to $16.04 million from $18.03 million last year, the company continues to invest heavily in R&D with expenses contributing substantially to innovation and future growth prospects. Earnings are forecasted to grow at an impressive rate of 35.4% per year over the next three years, reflecting strong potential for sustained advancement in their sector. The company's recent earnings report highlighted sales reaching $585.93 million for H1 2024 compared to $366.73 million a year ago, showcasing significant top-line expansion despite tighter profit margins (3.9% vs last year's 6.6%). Cowell e Holdings' focus on high-quality earnings and strategic investments positions it well within the competitive landscape of high-growth tech companies in Hong Kong, with promising future projections driven by continued innovation and market demand.
