Chinese (SSE) Market Analysis & Valuation

Market Valuation and Performance

Has the Chinese Market valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 09 May 2026	CN¥104.9t	CN¥53.5t	CN¥3.1t	51.1x	34.2x	2x
Mon, 06 Apr 2026	CN¥92.3t	CN¥52.7t	CN¥3.0t	43.8x	30.5x	1.8x
Wed, 04 Mar 2026	CN¥98.0t	CN¥52.6t	CN¥3.0t	47.7x	32.5x	1.9x
Fri, 30 Jan 2026	CN¥99.9t	CN¥52.5t	CN¥3.0t	48.4x	33.2x	1.9x
Sun, 28 Dec 2025	CN¥93.6t	CN¥52.3t	CN¥3.0t	45x	31.4x	1.8x
Tue, 25 Nov 2025	CN¥87.9t	CN¥52.3t	CN¥3.0t	42.5x	29.5x	1.7x
Thu, 23 Oct 2025	CN¥89.9t	CN¥51.8t	CN¥2.9t	44.9x	31.2x	1.7x
Sat, 20 Sep 2025	CN¥87.7t	CN¥50.5t	CN¥2.7t	45.1x	32.3x	1.7x
Mon, 18 Aug 2025	CN¥82.5t	CN¥50.5t	CN¥2.7t	44x	30.4x	1.6x
Wed, 16 Jul 2025	CN¥76.1t	CN¥50.4t	CN¥2.7t	40.4x	28.3x	1.5x
Fri, 13 Jun 2025	CN¥73.2t	CN¥50.3t	CN¥2.7t	38.9x	27.4x	1.5x
Sun, 11 May 2025	CN¥71.6t	CN¥50.3t	CN¥2.7t	37.6x	26.6x	1.4x
Tue, 08 Apr 2025	CN¥65.2t	CN¥50.1t	CN¥2.8t	32.6x	23.6x	1.3x
Thu, 06 Mar 2025	CN¥73.1t	CN¥50.4t	CN¥2.9t	38x	25.2x	1.5x
Sat, 01 Feb 2025	CN¥69.2t	CN¥50.1t	CN¥2.7t	34.7x	25.2x	1.4x
Mon, 30 Dec 2024	CN¥72.5t	CN¥49.9t	CN¥2.7t	36.1x	26.6x	1.5x
Wed, 27 Nov 2024	CN¥70.1t	CN¥49.9t	CN¥2.7t	34.8x	25.8x	1.4x
Fri, 25 Oct 2024	CN¥69.8t	CN¥50.4t	CN¥2.8t	33.4x	24.8x	1.4x
Sun, 22 Sep 2024	CN¥55.2t	CN¥50.3t	CN¥2.8t	26.4x	19.9x	1.1x
Tue, 20 Aug 2024	CN¥57.7t	CN¥50.7t	CN¥2.8t	27.2x	20.3x	1.1x
Thu, 18 Jul 2024	CN¥59.5t	CN¥50.7t	CN¥2.8t	27.8x	21.2x	1.2x
Sat, 15 Jun 2024	CN¥62.6t	CN¥50.8t	CN¥2.8t	29.9x	22.4x	1.2x
Mon, 13 May 2024	CN¥66.1t	CN¥50.8t	CN¥2.8t	32.4x	23.8x	1.3x
Wed, 10 Apr 2024	CN¥64.2t	CN¥49.9t	CN¥2.8t	31.1x	22.6x	1.3x
Fri, 08 Mar 2024	CN¥63.2t	CN¥51.2t	CN¥2.8t	30x	22.2x	1.2x
Sun, 04 Feb 2024	CN¥55.9t	CN¥52.0t	CN¥3.0t	26.4x	18.3x	1.1x
Tue, 02 Jan 2024	CN¥65.4t	CN¥49.8t	CN¥2.7t	35.2x	24.1x	1.3x
Thu, 30 Nov 2023	CN¥66.7t	CN¥49.8t	CN¥2.7t	35.9x	24.6x	1.3x
Sat, 28 Oct 2023	CN¥65.7t	CN¥49.7t	CN¥2.7t	33.9x	24.1x	1.3x
Mon, 25 Sep 2023	CN¥67.8t	CN¥49.6t	CN¥2.7t	34.9x	24.8x	1.4x
Wed, 23 Aug 2023	CN¥68.2t	CN¥49.3t	CN¥2.8t	34.6x	24.3x	1.4x
Fri, 21 Jul 2023	CN¥69.9t	CN¥49.1t	CN¥2.8t	36x	24.8x	1.4x
Sun, 18 Jun 2023	CN¥72.1t	CN¥49.1t	CN¥2.8t	36.6x	25.6x	1.5x
Tue, 16 May 2023	CN¥71.2t	CN¥48.9t	CN¥2.8t	35.2x	25.2x	1.5x

Current Market PE

Investors are optimistic on the Chinese market, and appear confident in strong long term growth rates.

The market is trading at a PE ratio of 34.2x which is higher than its 3-year average PE of 26.1x.

Past Earnings Growth

The earnings for Chinese listed companies have grown 2.8% per year over the last three years.
Revenues for these companies have grown 3.0% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Chinese Market?


CN Market	3.17%
Tech	6.43%
Telecom	4.42%
Industrials	3.69%
Real Estate	3.37%
Consumer Discretionary	2.85%
Materials	2.32%
Utilities	2.27%
Healthcare	0.45%
Financials	-0.29%
Consumer Staples	-1.13%
Energy	-1.84%

Sector PE

Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 78.8x.

The market's confidence is likely because analysts are expecting annual earnings growth of 39.6%, which is higher than its past year's earnings growth of 5.2% per year.

Forecasted Growth

Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 50% over the next 5 years.
This is better than its past earnings decline of 3.3% per year.

In contrast, the Financials sector is expected to see its earnings grow by 8.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation	Sector
301666 DapuStor	CN¥504.81	58.7% +CN¥81.5b	n/a	PE16963.2x	Tech
688041 Hygon Information Technology	CN¥323.28	9.1% +CN¥62.7b	124.7%	PE275.1x	Tech
002384 Suzhou Dongshan Precision Manufacturing	CN¥211.39	13.2% +CN¥44.9b	680.9%	PE188.9x	Tech
688008 Montage Technology	CN¥210.27	21.3% +CN¥44.7b	174.2%	PE99.5x	Tech
688820 SJ Semiconductor	CN¥127.00	23.3% +CN¥44.7b	n/a	PE239.5x	Tech

Company

Last Price

Valuation

Sector

301666 DapuStor

CN¥504.81

58.7%
+CN¥81.5b

n/a

PE16963.2x

Tech

688041 Hygon Information Technology

CN¥323.28

9.1%
+CN¥62.7b

124.7%

PE275.1x

Tech

002384 Suzhou Dongshan Precision Manufacturing

CN¥211.39

13.2%
+CN¥44.9b

680.9%

PE188.9x

Tech

688008 Montage Technology

CN¥210.27

21.3%
+CN¥44.7b

174.2%

PE99.5x

Tech

688820 SJ Semiconductor

CN¥127.00

23.3%
+CN¥44.7b

n/a

PE239.5x

Tech

CMOC Group Limited Approves Final Dividend for the Financial Year End 31 December 2025, Payable on 24 June 2026

CMOC Group Limited at its 2025 annual general meeting, the 2026 first class meeting of A Shareholders and the 2026 first class meeting of H Shareholders held on 28 April 2026, Company will pay a Final Dividend of RMB 0.286 per Share (tax inclusive) for the year ended 31 December 2025 to H Shareholders whose names appeared on the register of members of H Shares of the Company (the ‘H Shares Register of Members’) on 26 May 2026 (the ‘Reference Date’). The actual amount of H Shares dividend paid in Hong Kong dollars is calculated based on the average of the central parity rate of Renminbi against Hong Kong dollar as announced by the People's Bank of China one calendar week immediately preceding 28 April 2026, the date of the AGM at which the Final Dividend is declared, (i.e. RMB 0.876156 against HKD 1.00), being a cash dividend of HKD 0.32643 per H Share (tax inclusive). In order to determine the list of H Shareholders who are entitled to receive the Final Dividend, the H Shares Register of Members will be closed from 20 May 2026 to 26 May 2026 (both days inclusive), during which period no transfer of H Shares will be effected. H Shareholders whose names appear on the H Shares Register of Members on the Reference Date (i.e. 26 May 2026) will be entitled to receive the Final Dividend. In order for the H Shareholders to qualify for receiving the Final Dividend, H Shareholders whose H Shares are not registered in their names should complete and lodge their respective instruments of transfer together with the relevant H Share certificates with Computershare Hong Kong Investor Services Limited, the Company's H Share registrar in Hong Kong, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, and in any case no later than 4:30 p.m. on 19 May 2026. The Company will appoint a receiving agent in Hong Kong (the ‘Receiving Agent’) and will pay to such Receiving Agent the Final Dividend declared for payment to H Shareholders. The Final Dividend will be paid by the Receiving Agent on 24 June 2026.

Chinese (SSE) Market Analysis & Valuation

Market Valuation and Performance

Sector Trends

Top Stock Gainers and Losers

Market Insights

Robot + AI: is it happening sooner than we thought?

Latest News

Consensus revenue estimates fall by 28%

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Consensus EPS estimates increase by 15%

Investor sentiment improves as stock rises 15%

Price target increased by 7.7% to CN¥36.77

DapuStor Corporation, Annual General Meeting, May 19, 2026

First quarter 2026 earnings released

CMOC Group Limited Approves Final Dividend for the Financial Year End 31 December 2025, Payable on 24 June 2026

Consensus EPS estimates increase by 13%

Price target increased by 7.5% to CN¥197

First quarter 2026 earnings: EPS and revenues miss analyst expectations

First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.049 loss in 1Q 2025)

First quarter 2026 earnings released: EPS: CN¥0.76 (vs CN¥0.38 in 1Q 2025)

New major risk - Dividend sustainability

Full year 2025 earnings: EPS and revenues miss analyst expectations