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Hong Kong (HSI) Diversified Banks Industry Analysis

UpdatedJan 01, 2026
DataAggregated Company Financials
Companies13
  • 7D1.8%
  • 3M7.0%
  • 1Y21.2%
  • YTDn/a

The Diversified Banks industry has stayed flat over the last week. As for the the longer term, the industry is up 20% over the past 12 months. Looking forward, earnings are forecast to grow by 4.4% annually.

Industry Valuation and Performance

Has the Hong Kong Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jan 2026HK$12.0tHK$3.5tHK$1.6t5.9x7.6x3.5x
Sat, 29 Nov 2025HK$12.4tHK$3.4tHK$1.6t6.6x8x3.6x
Mon, 27 Oct 2025HK$12.0tHK$3.4tHK$1.5t6.3x7.8x3.6x
Wed, 24 Sep 2025HK$11.5tHK$3.6tHK$1.6t5.8x7.2x3.2x
Fri, 22 Aug 2025HK$12.1tHK$3.5tHK$1.6t6.2x7.6x3.4x
Sun, 20 Jul 2025HK$12.0tHK$3.5tHK$1.6t6.4x7.5x3.4x
Tue, 17 Jun 2025HK$10.8tHK$3.5tHK$1.6t5.8x6.7x3.1x
Thu, 15 May 2025HK$10.4tHK$3.5tHK$1.6t5.8x6.6x3x
Sat, 12 Apr 2025HK$9.6tHK$3.4tHK$1.6t5.2x6.1x2.8x
Mon, 10 Mar 2025HK$9.8tHK$3.5tHK$1.6t5.7x6.3x2.8x
Wed, 05 Feb 2025HK$9.6tHK$3.5tHK$1.6t5.1x6.1x2.7x
Fri, 03 Jan 2025HK$9.4tHK$3.4tHK$1.6t5x6x2.7x
Sun, 01 Dec 2024HK$8.8tHK$3.4tHK$1.6t4.6x5.6x2.6x
Tue, 29 Oct 2024HK$9.0tHK$3.5tHK$1.6t4.9x5.7x2.6x
Thu, 26 Sep 2024HK$9.0tHK$3.5tHK$1.6t4.7x5.7x2.6x
Sat, 24 Aug 2024HK$9.1tHK$3.5tHK$1.6t4.5x5.8x2.6x
Mon, 22 Jul 2024HK$8.4tHK$3.4tHK$1.5t4.3x5.4x2.5x
Wed, 19 Jun 2024HK$8.2tHK$3.4tHK$1.5t4.6x5.3x2.4x
Fri, 17 May 2024HK$8.5tHK$3.4tHK$1.6t4.9x5.5x2.5x
Sun, 14 Apr 2024HK$7.8tHK$3.4tHK$1.6t4.2x5x2.3x
Tue, 12 Mar 2024HK$7.8tHK$3.7tHK$1.6t4.2x5x2.1x
Thu, 08 Feb 2024HK$7.5tHK$3.5tHK$1.5t4.1x5x2.2x
Sat, 06 Jan 2024HK$7.2tHK$3.7tHK$1.6t3.9x4.6x1.9x
Mon, 04 Dec 2023HK$7.1tHK$3.7tHK$1.6t3.9x4.5x1.9x
Wed, 01 Nov 2023HK$6.9tHK$3.6tHK$1.5t3.8x4.4x1.9x
Fri, 29 Sep 2023HK$6.9tHK$3.6tHK$1.5t4x4.5x1.9x
Sun, 27 Aug 2023HK$6.7tHK$3.6tHK$1.5t4.5x4.4x1.9x
Tue, 25 Jul 2023HK$6.9tHK$3.6tHK$1.5t4.9x4.5x1.9x
Thu, 22 Jun 2023HK$7.4tHK$3.6tHK$1.5t4.1x4.8x2x
Sat, 20 May 2023HK$7.8tHK$3.7tHK$1.6t4.3x5x2.1x
Mon, 17 Apr 2023HK$7.4tHK$3.8tHK$1.6t4.4x4.6x2x
Wed, 15 Mar 2023HK$7.0tHK$3.9tHK$1.6t3.9x4.4x1.8x
Fri, 10 Feb 2023HK$7.0tHK$3.8tHK$1.6t4x4.3x1.8x
Sun, 08 Jan 2023HK$7.0tHK$3.8tHK$1.6t4.1x4.4x1.9x
Price to Earnings Ratio

4.4x


Total Market Cap: HK$7.0tTotal Earnings: HK$1.6tTotal Revenue: HK$3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Diversified Banks Industry Price to Earnings3Y Average 5.6x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7.5x which is higher than its 3-year average PE of 5.6x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.3% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Hong Kong Diversified Banks compare with similar industries?

HK Market-0.21%
Financials0.52%
Banks1.75%
Diversified Banks1.79%
Regional Banks0.44%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
1288 Agricultural Bank of ChinaHK$5.783.0%
+HK$59.5b		30.5%PB0.6x
1398 Industrial and Commercial Bank of ChinaHK$6.292.6%
+HK$57.0b		20.7%PB0.5x
939 China Construction BankHK$7.691.7%
+HK$34.0b		18.7%PB0.5x
3988 Bank of ChinaHK$4.460.7%
+HK$9.7b		12.3%PB0.4x
3328 Bank of CommunicationsHK$6.450.8%
+HK$4.4b		0.9%PB0.4x

Latest News

1658
HK$5.32
Postal Savings Bank of China
7D
0.2%
1Y
16.2%
1398
HK$6.29
Industrial and Commercial Bank of China
7D
2.6%
1Y
20.7%

1398: Future Margin Compression May Drive Share Price Underperformance

Analysts have modestly raised their price target on Industrial and Commercial Bank of China, reflecting a slightly higher fair value estimate of RMB 5.35 from RMB 5.29. This is supported by expectations for stronger revenue growth, a lower discount rate, and a marginally cheaper forward P/E multiple, despite a small compression in profit margins.
3328
HK$6.45
Bank of Communications
7D
0.8%
1Y
0.9%
1288
HK$5.78
Agricultural Bank of China
7D
3.0%
1Y
30.5%
2016
HK$2.52
China Zheshang Bank
7D
-0.8%
1Y
13.5%
939
HK$7.69
China Construction Bank
7D
1.7%
1Y
18.7%

939: Upcoming Meeting And Interim Debt Issuance Will Drive Shares Higher

Analysts have nudged their price target for China Construction Bank higher to reflect a slightly increased fair value estimate of about 9.51 yuan. This is supported by expectations of marginally stronger profit margins and stable valuation multiples, despite a modestly lower revenue growth outlook.
3988
HK$4.46
Bank of China
7D
0.7%
1Y
12.3%

3988: Future Margin Pressure May Undermine Slight Risk Improvement

Analysts have modestly raised their price target on Bank of China to reflect a slightly lower perceived risk profile and stronger expectations for revenue growth, partly offset by a marginally weaker profit margin outlook and a higher anticipated future valuation multiple. What's in the News A board meeting is scheduled for December 19, 2025 to review disclosure policy, directors and senior management securities trading rules, routine connected transactions caps with China CITIC Financial AMC, Shanghai Stock Exchange related matters, and 2024 remuneration plans for executive directors and senior management (Key Developments).
2388
HK$39.42
BOC Hong Kong (Holdings)
7D
-0.1%
1Y
58.0%

2388: Dividend Decision And Stable Margins Will Guide Measured Outlook Ahead

Analysts have nudged their price target for BOC Hong Kong (Holdings) slightly higher to HKD 40.41 from HKD 39.99, reflecting marginally stronger expectations for revenue growth, profit margins, and future earnings multiples. What's in the News Board meeting scheduled for October 28, 2025, to review and approve BOC Hong Kong (Holdings) Limited's third quarter 2025 financial and business performance (Key Developments) Directors to consider the declaration of the third interim dividend for 2025 at the upcoming board meeting (Key Developments) Valuation Changes Fair Value Estimate has risen slightly, increasing from HK$39.99 to approximately HK$40.41 per share.
11
HK$153.50
Hang Seng Bank
7D
-0.3%
1Y
60.6%

11: Privatisation Offer Will Limit Future Upside As Delisting Risk Persists

Narrative Update on Hang Seng Bank The analyst price target for Hang Seng Bank was maintained at HKD 108.50, as analysts highlight a steady outlook for fair value, discount rate, and key profitability and growth assumptions. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion, offering HKD 155 per share in cash and aiming to make Hang Seng a wholly owned subsidiary while retaining its brand and local operations (M&A Transaction Announcements).
440
HK$35.36
Dah Sing Financial Holdings
7D
-1.4%
1Y
25.8%

If EPS Growth Is Important To You, Dah Sing Financial Holdings (HKG:440) Presents An Opportunity

Nov 21
If EPS Growth Is Important To You, Dah Sing Financial Holdings (HKG:440) Presents An Opportunity
9668
HK$0.95
China Bohai Bank
7D
1.1%
1Y
6.7%
23
HK$13.32
Bank of East Asia
7D
-1.0%
1Y
35.1%
2356
HK$10.67
Dah Sing Banking Group
7D
-0.7%
1Y
30.1%