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Hong Kong (HSI) Market Analysis & Valuation

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies2279
  • 7D-0.5%
  • 3M1.1%
  • 1Y33.3%
  • YTD32.0%

The Materials sector gained 5.9% while the market remained flat over the last week. Meanwhile, the market is actually up 33% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Hong Kong Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Dec 2025HK$56.6tHK$42.8tHK$3.9t12.3x14.4x1.3x
Sun, 02 Nov 2025HK$56.1tHK$42.4tHK$3.9t12.7x14.5x1.3x
Tue, 30 Sep 2025HK$57.1tHK$43.3tHK$3.9t12.3x14.5x1.3x
Thu, 28 Aug 2025HK$56.9tHK$43.4tHK$3.9t12.4x14.6x1.3x
Sat, 26 Jul 2025HK$55.6tHK$43.6tHK$3.9t12x14.2x1.3x
Mon, 23 Jun 2025HK$51.8tHK$43.6tHK$3.9t11.1x13.3x1.2x
Wed, 21 May 2025HK$50.4tHK$43.1tHK$3.8t11x13.2x1.2x
Fri, 18 Apr 2025HK$46.7tHK$42.5tHK$3.7t10.4x12.5x1.1x
Sun, 16 Mar 2025HK$49.1tHK$43.5tHK$3.6t10.7x13.8x1.1x
Tue, 11 Feb 2025HK$45.5tHK$43.0tHK$3.5t10.1x13x1.1x
Thu, 09 Jan 2025HK$43.1tHK$42.5tHK$3.6t9.9x11.9x1x
Sat, 07 Dec 2024HK$44.1tHK$42.8tHK$3.7t10x12x1x
Mon, 04 Nov 2024HK$44.4tHK$43.4tHK$3.7t9.7x12x1x
Wed, 02 Oct 2024HK$45.5tHK$43.8tHK$3.6t10x12.6x1x
Fri, 30 Aug 2024HK$40.3tHK$43.7tHK$3.6t8.8x11.2x0.9x
Sun, 28 Jul 2024HK$39.3tHK$42.7tHK$3.5t9.2x11.3x0.9x
Tue, 25 Jun 2024HK$41.1tHK$43.2tHK$3.4t9.4x12x1x
Thu, 23 May 2024HK$42.9tHK$43.2tHK$3.4t9.9x12.5x1x
Sat, 20 Apr 2024HK$39.2tHK$43.2tHK$3.4t9.1x11.5x0.9x
Mon, 18 Mar 2024HK$38.4tHK$43.9tHK$3.5t8.8x11x0.9x
Wed, 14 Feb 2024HK$36.3tHK$43.5tHK$3.3t8.7x10.9x0.8x
Fri, 12 Jan 2024HK$37.0tHK$45.6tHK$3.5t9.1x10.6x0.8x
Sun, 10 Dec 2023HK$37.1tHK$45.8tHK$3.5t8.9x10.7x0.8x
Tue, 07 Nov 2023HK$39.0tHK$45.2tHK$3.5t9x11.3x0.9x
Thu, 05 Oct 2023HK$39.4tHK$45.0tHK$3.4t9x11.5x0.9x
Sat, 02 Sep 2023HK$40.2tHK$45.3tHK$3.5t9.3x11.6x0.9x
Mon, 31 Jul 2023HK$43.0tHK$46.0tHK$3.7t9.7x11.6x0.9x
Wed, 28 Jun 2023HK$41.6tHK$45.8tHK$3.7t9.7x11.3x0.9x
Fri, 26 May 2023HK$42.4tHK$46.7tHK$3.7t9.5x11.4x0.9x
Sun, 23 Apr 2023HK$44.3tHK$47.5tHK$3.8t9.9x11.7x0.9x
Tue, 21 Mar 2023HK$42.3tHK$47.5tHK$4.1t8.7x10.3x0.9x
Thu, 16 Feb 2023HK$43.8tHK$47.9tHK$4.3t9x10.3x0.9x
Sat, 14 Jan 2023HK$44.8tHK$48.4tHK$4.3t8.9x10.4x0.9x
Mon, 12 Dec 2022HK$42.4tHK$46.9tHK$4.2t8.8x10.2x0.9x
Price to Earnings Ratio

10.2x


Total Market Cap: HK$42.4tTotal Earnings: HK$4.2tTotal Revenue: HK$46.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Market Price to Earnings3Y Average 12x202320242025
Current Market PE
  • Investors are optimistic on the Hong Kong market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 14.4x which is higher than its 3-year average PE of 12.0x.
Past Earnings Growth
  • The earnings for companies in the Hong Kong industry have declined 2.0% per year over the last three years.
  • Revenues have also declined 3.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Hong Kong Market?

HK Market-0.45%
Materials5.86%
Tech2.12%
Industrials2.06%
Energy1.15%
Utilities0.93%
Telecom0.0019%
Consumer Discretionary-0.40%
Real Estate-1.25%
Healthcare-1.41%
Consumer Staples-1.88%
Financials-2.74%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 170x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings growth of 2.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 2.9% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 2.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
1810 XiaomiHK$42.784.3%
+HK$44.9b		43.1%PE22.9xTech
883 CNOOCHK$22.084.2%
+HK$42.8b		24.6%PE7.7xEnergy
2628 China Life InsuranceHK$28.225.1%
+HK$38.4b		83.5%PE4.3xFinancials
1378 China Hongqiao GroupHK$33.749.3%
+HK$28.6b		185.9%PE11.9xMaterials
857 PetroChinaHK$8.831.7%
+HK$27.5b		52.5%PE9.3xEnergy
See more

Market Insights

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