Narrative Update • Jun 04

Over the last 7 days, the market has risen 4.4%, driven by gains of 6.6% in the Information Technology sector. The market is up 31% over the last 12 months. As for the next few years, earnings are expected to grow by 27% per annum.
Has the Chinese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Jun 2026 | CN¥103.1t | CN¥53.5t | CN¥3.1t | 46.5x | 33.7x | 1.9x |
| Fri, 15 May 2026 | CN¥105.2t | CN¥53.4t | CN¥3.1t | 51.1x | 34.4x | 2x |
| Sun, 12 Apr 2026 | CN¥96.9t | CN¥52.7t | CN¥3.0t | 46.4x | 32.1x | 1.8x |
| Tue, 10 Mar 2026 | CN¥98.1t | CN¥52.6t | CN¥3.0t | 48.8x | 32.4x | 1.9x |
| Thu, 05 Feb 2026 | CN¥98.8t | CN¥52.5t | CN¥3.0t | 48.5x | 32.8x | 1.9x |
| Sat, 03 Jan 2026 | CN¥93.4t | CN¥52.3t | CN¥3.0t | 44.7x | 31.3x | 1.8x |
| Mon, 01 Dec 2025 | CN¥89.9t | CN¥52.3t | CN¥3.0t | 43.6x | 30.1x | 1.7x |
| Wed, 29 Oct 2025 | CN¥92.1t | CN¥52.0t | CN¥2.9t | 45x | 31.5x | 1.8x |
| Fri, 26 Sep 2025 | CN¥89.0t | CN¥50.7t | CN¥2.7t | 45.4x | 32.8x | 1.8x |
| Sun, 24 Aug 2025 | CN¥85.6t | CN¥50.5t | CN¥2.7t | 45.3x | 31.6x | 1.7x |
| Tue, 22 Jul 2025 | CN¥78.2t | CN¥50.4t | CN¥2.7t | 41.5x | 29.1x | 1.6x |
| Thu, 19 Jun 2025 | CN¥72.6t | CN¥50.3t | CN¥2.7t | 38x | 27.1x | 1.4x |
| Sat, 17 May 2025 | CN¥72.0t | CN¥50.3t | CN¥2.7t | 37.9x | 26.8x | 1.4x |
| Mon, 14 Apr 2025 | CN¥69.0t | CN¥50.1t | CN¥2.8t | 35.4x | 24.9x | 1.4x |
| Wed, 12 Mar 2025 | CN¥74.3t | CN¥50.4t | CN¥2.9t | 38.7x | 25.7x | 1.5x |
| Fri, 07 Feb 2025 | CN¥70.5t | CN¥50.1t | CN¥2.7t | 35.8x | 25.7x | 1.4x |
| Sun, 05 Jan 2025 | CN¥67.5t | CN¥49.9t | CN¥2.7t | 32.8x | 24.8x | 1.4x |
| Tue, 03 Dec 2024 | CN¥73.2t | CN¥49.9t | CN¥2.7t | 36.9x | 26.9x | 1.5x |
| Thu, 31 Oct 2024 | CN¥70.5t | CN¥50.2t | CN¥2.8t | 34x | 25.4x | 1.4x |
| Sat, 28 Sep 2024 | CN¥63.8t | CN¥50.4t | CN¥2.8t | 30x | 22.9x | 1.3x |
| Mon, 26 Aug 2024 | CN¥56.3t | CN¥50.8t | CN¥2.8t | 26.1x | 19.8x | 1.1x |
| Wed, 24 Jul 2024 | CN¥58.4t | CN¥50.7t | CN¥2.8t | 27.4x | 20.8x | 1.2x |
| Fri, 21 Jun 2024 | CN¥61.5t | CN¥50.8t | CN¥2.8t | 29.4x | 22x | 1.2x |
| Sun, 19 May 2024 | CN¥66.2t | CN¥50.8t | CN¥2.8t | 32.4x | 23.7x | 1.3x |
| Tue, 16 Apr 2024 | CN¥63.2t | CN¥51.0t | CN¥2.9t | 29.5x | 22.1x | 1.2x |
| Thu, 14 Mar 2024 | CN¥65.0t | CN¥51.5t | CN¥2.9t | 31x | 22.7x | 1.3x |
| Sat, 10 Feb 2024 | CN¥59.2t | CN¥51.9t | CN¥3.1t | 26.5x | 19.2x | 1.1x |
| Mon, 08 Jan 2024 | CN¥63.5t | CN¥49.9t | CN¥2.7t | 34.2x | 23.4x | 1.3x |
| Wed, 06 Dec 2023 | CN¥65.3t | CN¥49.8t | CN¥2.7t | 34.9x | 24.1x | 1.3x |
| Fri, 03 Nov 2023 | CN¥65.6t | CN¥71.3t | CN¥11.0t | 34.2x | 6x | 0.9x |
| Sun, 01 Oct 2023 | CN¥67.6t | CN¥49.6t | CN¥2.7t | 35.2x | 24.8x | 1.4x |
| Tue, 29 Aug 2023 | CN¥67.1t | CN¥49.4t | CN¥2.8t | 33.5x | 23.8x | 1.4x |
| Thu, 27 Jul 2023 | CN¥70.9t | CN¥49.1t | CN¥2.8t | 36.1x | 25.1x | 1.4x |
| Sat, 24 Jun 2023 | CN¥70.5t | CN¥49.1t | CN¥2.8t | 36x | 25.1x | 1.4x |
25.1x
Which sectors have driven the changes within the Chinese Market?
| CN Market | 2.84% | |
| Materials | 8.18% | |
| Tech | 4.12% | |
| Financials | 2.70% | |
| Industrials | 1.86% | |
| Healthcare | 0.43% | |
| Consumer Staples | -0.19% | |
| Real Estate | -0.31% | |
| Consumer Discretionary | -0.92% | |
| Utilities | -2.04% | |
| Telecom | -2.22% | |
| Energy | -3.42% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| 600183 Shengyi TechnologyLtd | CN¥179.40 | 21.7% +CN¥77.6b | 540.0% | PE110.9x | Tech | |
| 300308 Zhongji Innolight | CN¥1.25k | 5.8% +CN¥75.9b | 945.7% | PE93.1x | Tech | |
| 603993 CMOC Group | CN¥20.03 | 17.5% +CN¥63.8b | 156.1% | PE17.7x | Materials | |
| 688041 Hygon Information Technology | CN¥294.31 | 9.7% +CN¥60.6b | 116.9% | PE250.4x | Tech | |
| 301526 Chongqing Polycomp International | CN¥38.68 | 52.5% +CN¥50.2b | 956.8% | PE297.7x | Materials |