High Growth Tech Stocks To Watch In Hong Kong This September 2024

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As global markets face a downturn, with the S&P 500 experiencing its worst weekly drop in 18 months and Hong Kong's Hang Seng Index also retreating, investors are increasingly cautious about economic slowdowns and market volatility. In this climate, identifying high-growth tech stocks in Hong Kong requires a keen eye for companies with strong fundamentals, innovative capabilities, and resilience to broader market pressures.

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

32.86%

54.67%

★★★★★★

Innovent Biologics

21.45%

59.82%

★★★★★☆

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 45 stocks from our SEHK High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

Innovent Biologics

Simply Wall St Growth Rating: ★★★★★☆

Overview: Innovent Biologics, Inc. is a biopharmaceutical company that develops and commercializes monoclonal antibodies and other drug assets for oncology, ophthalmology, autoimmune, cardiovascular, and metabolic diseases in China with a market cap of HK$68.84 billion.

Operations: Innovent Biologics generates revenue primarily from its biotechnology segment, which amounted to CN¥7.46 billion. The company focuses on developing and commercializing monoclonal antibodies and other drug assets across various therapeutic areas in China.

Innovent Biologics has shown impressive growth, with earnings forecasted to increase by 59.82% annually and revenue expected to rise by 21.4% per year, outpacing the Hong Kong market's 7.3%. Despite a net loss of CNY 392.62 million for H1 2024, the company's R&D expenses reflect its commitment to innovation; investing heavily in developing breakthrough treatments like Dupert? for NSCLC and IBI3016 for hypertension. This strategic focus on high-impact therapies positions Innovent well within the competitive biotech landscape in Hong Kong.

SEHK:1801 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 focused on the research, development, manufacturing, and commercialization of novel drugs to address unmet medical needs in China and internationally, with a market cap of HK$38.82 billion.