Hong Kong High Return On Equity, Low Debt

Nongfu Spring

Market Cap: HK$543.0b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Hong Kong Exchanges and Clearing

Market Cap: HK$525.5b

Owns and operates stock and futures exchanges, and related clearing houses in Hong Kong, the United Kingdom, and Mainland China.

Pop Mart International Group

Market Cap: HK$256.5b

An investment holding company, engages in the design, development, and sale of pop toys in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

Chery Automobile

Market Cap: HK$175.4b

Designs, develops, manufactures, and sells passenger vehicles in the People's Republic of China, rest of Asia, Europe, Americas, Oceania, and internationally.

Laopu Gold

Market Cap: HK$109.7b

Designs, manufactures, and sells jewelry products in Mainland China, Hong Kong, and Macau.

Haidilao International Holding

Market Cap: HK$80.3b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Guming Holdings

Market Cap: HK$58.4b

An investment holding company, operates as a freshly made beverage company in the People’s Republic of China.

XD

Market Cap: HK$31.7b

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

Nanshan Aluminium International Holdings

Market Cap: HK$29.2b

An investment holding company, engages in the production and sale of alumina in Malaysia, Hong Kong, Singapore, Indonesia, and South Korea.

Shanghai Chicmax Cosmetic

Market Cap: HK$27.6b

A multi-brand cosmetics company, engages in the research, development, manufacture, and sale of cosmetics products in Mainland China and internationally.

Dekon Food and Agriculture Group

Market Cap: HK$26.8b

Engages in the livestock and poultry breeding and farming businesses.

Lingbao Gold Group

Market Cap: HK$25.5b

Primarily engages in mining, processing, smelting, refining, and sale of gold products in the People’s Republic of China.

Newborn Town

Market Cap: HK$15.9b

An investment holding company, engages in the social networking business worldwide.

Shanghai Forest Cabin Cosmetics Group

Market Cap: HK$11.9b

Shanghai Forest Cabin Cosmetics Group Co., Ltd.

JNBY Design

Market Cap: HK$9.8b

Engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.

Tanwan

Market Cap: HK$9.6b

Operates as a publisher of online game products in Mainland China, Hong Kong, and internationally.

Binjiang Service Group

Market Cap: HK$6.6b

Provides property management and related services in the People’s Republic of China.

Beauty Farm Medical and Health Industry

Market Cap: HK$6.2b

Beauty Farm Medical and Health Industry Inc.

Fameglow Holdings

Market Cap: HK$4.5b

An investment holding company, provides non-surgical medical aesthetic services in Hong Kong.

Launch Tech

Market Cap: HK$3.6b

Provides products and services to the automotive aftermarket and the automobile industry in the People's Republic of China and internationally.

China Beststudy Education Group

Market Cap: HK$2.9b

Provides after-school education services for K-12 student groups in China.

Boyaa Interactive International

Market Cap: HK$2.6b

An investment holding company, develops and operates online card and board games in the People’s Republic of China and Hong Kong.

FSE Lifestyle Services

Market Cap: HK$2.6b

An investment holding company, provides city essential services in Hong Kong, Mainland China, and Macau.

LC Logistics

Market Cap: HK$2.5b

A freight forwarding company, provides integrated cross-border seaborne logistics and time charter services worldwide.

CNNC International

Market Cap: HK$2.5b

An investment holding company, engages in the exploration, sale, and trading of uranium in People’s Republic of China, Hong Kong, Japan, the United States, The United Kingdom, Netherlands, and Canada.

SAINT BELLA

Market Cap: HK$2.4b

Provides postpartum care and recovery services in the Cayman Islands, Hong Kong, Singapore, and China.

Z Fin

Market Cap: HK$2.2b

An investment holding company, primarily engages in financial technology investment and management in the People’s Republic of China.

Lemo Services

Market Cap: HK$2.1b

Provides mechanical massage services in China.

Best Mart 360 Holdings

Market Cap: HK$2.0b

An investment holding company, engages in leisure food retailing by operating chain retail stores under Best Mart 360 and FoodVille brands in Hong Kong, Macau, and the People’s Republic of China.

YesAsia Holdings

Market Cap: HK$1.7b

An investment holding company, engages in trading of Asian fashion and lifestyle, beauty, cosmetics, accessories, and entertainment products.

Perfect Medical Health Management

Market Cap: HK$1.6b

An investment holding company, engages in the provision of medical, aesthetic medical, and beauty and wellness services in Hong Kong, the People’s Republic of China, Macau, Australia, and Singapore.

Changjiu Holdings

Market Cap: HK$1.3b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Dahon Tech (Shenzhen)

Market Cap: HK$1.2b

Develops, designs, manufactures, and markets folding bicycles and accessories.

CCID Consulting

Market Cap: HK$1.1b

Provides consulting services in the People’s Republic of China.

Clifford Modern Living Holdings

Market Cap: HK$792.3m

An investment holding company, provides services to residents in developed properties under the Clifford brand name in the People’s Republic of China.

Taste Gourmet Group

Market Cap: HK$769.4m

An investment holding company, operates full-service restaurants and kiosks in Hong Kong and China.