Do China Galaxy Securities' (HKG:6881) Earnings Warrant Your Attention?
Sep 25
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Capital Markets Industry Analysis
UpdatedSep 25, 2025
DataAggregated Company Financials
Companies90
- 7D-5.9%
- 3M12.6%
- 1Y95.8%
- YTD55.4%
Over the last 7 days, the Capital Markets industry has dropped 5.9%, driven by declines in Hong Kong Exchanges and Clearing and Guotai Junan International Holdings of 1.9% and 18%, respectively. Meanwhile, China Everbright actually outperformed within the industry, gaining 41% in the last week. This takes the industry's 12 month performance to a gain of 96%. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Hong Kong Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Sep 2025 | HK$1.4t | HK$189.6b | HK$50.5b | 23.8x | 28.1x | 7.5x |
| Sun, 24 Aug 2025 | HK$1.5t | HK$175.3b | HK$42.2b | 36.7x | 36.2x | 8.7x |
| Tue, 22 Jul 2025 | HK$1.4t | HK$173.5b | HK$40.2b | 29.1x | 35.7x | 8.3x |
| Thu, 19 Jun 2025 | HK$1.2t | HK$172.2b | HK$39.6b | 23.7x | 31.3x | 7.2x |
| Sat, 17 May 2025 | HK$1.2t | HK$171.0b | HK$39.4b | 21.8x | 29.9x | 6.9x |
| Mon, 14 Apr 2025 | HK$1.1t | HK$162.1b | HK$34.1b | 20.5x | 30.9x | 6.5x |
| Wed, 12 Mar 2025 | HK$1.1t | HK$162.9b | HK$33.4b | 20.2x | 34.4x | 7x |
| Fri, 07 Feb 2025 | HK$1.1t | HK$160.6b | HK$31.9b | 19.3x | 33.1x | 6.6x |
| Sun, 05 Jan 2025 | HK$973.3b | HK$160.9b | HK$28.7b | 17.6x | 33.9x | 6x |
| Tue, 03 Dec 2024 | HK$1.1t | HK$161.6b | HK$28.7b | 21.1x | 37x | 6.6x |
| Thu, 31 Oct 2024 | HK$1.1t | HK$160.9b | HK$28.2b | 19x | 37.6x | 6.6x |
| Sat, 28 Sep 2024 | HK$1.0t | HK$162.7b | HK$28.4b | 16x | 35.7x | 6.2x |
| Mon, 26 Aug 2024 | HK$775.8b | HK$162.3b | HK$30.7b | 13.5x | 25.3x | 4.8x |
| Wed, 24 Jul 2024 | HK$777.0b | HK$159.6b | HK$29.8b | 15x | 26.1x | 4.9x |
| Fri, 21 Jun 2024 | HK$870.8b | HK$159.5b | HK$29.2b | 15.1x | 29.8x | 5.5x |
| Sun, 19 May 2024 | HK$946.7b | HK$160.2b | HK$29.4b | 11.2x | 32.2x | 5.9x |
| Tue, 16 Apr 2024 | HK$806.8b | HK$168.4b | HK$33.5b | 9.5x | 24.1x | 4.8x |
| Thu, 14 Mar 2024 | HK$883.2b | HK$160.4b | HK$35.1b | 9.5x | 25.2x | 5.5x |
| Sat, 10 Feb 2024 | HK$861.6b | HK$160.6b | HK$35.1b | 9.8x | 24.5x | 5.4x |
| Mon, 08 Jan 2024 | HK$907.1b | HK$163.7b | HK$34.6b | 10.5x | 26.2x | 5.5x |
| Wed, 06 Dec 2023 | HK$947.6b | HK$163.9b | HK$34.7b | 10.9x | 27.3x | 5.8x |
| Fri, 03 Nov 2023 | HK$934.4b | HK$173.8b | HK$33.2b | 10.3x | 28.1x | 5.4x |
| Sun, 01 Oct 2023 | HK$964.9b | HK$167.9b | HK$34.5b | 10.7x | 28x | 5.7x |
| Tue, 29 Aug 2023 | HK$1.0t | HK$182.7b | HK$35.1b | 11.3x | 29.1x | 5.6x |
| Thu, 27 Jul 2023 | HK$1.0t | HK$183.9b | HK$33.4b | 11.7x | 30.3x | 5.5x |
| Sat, 24 Jun 2023 | HK$976.6b | HK$183.2b | HK$35.3b | 12.4x | 27.6x | 5.3x |
| Mon, 22 May 2023 | HK$1.1t | HK$200.7b | HK$37.8b | 12.9x | 28x | 5.3x |
| Wed, 19 Apr 2023 | HK$1.1t | HK$199.7b | HK$34.7b | 12.7x | 31.7x | 5.5x |
| Fri, 17 Mar 2023 | HK$1.0t | HK$218.6b | HK$45.6b | 12.8x | 22.9x | 4.8x |
| Sun, 12 Feb 2023 | HK$1.1t | HK$220.6b | HK$46.1b | 12.6x | 23.9x | 5x |
| Tue, 10 Jan 2023 | HK$1.1t | HK$220.3b | HK$46.1b | 14.7x | 24.5x | 5.1x |
| Thu, 08 Dec 2022 | HK$1.0t | HK$214.2b | HK$44.3b | 14.8x | 23.6x | 4.9x |
| Sat, 05 Nov 2022 | HK$884.1b | HK$207.7b | HK$40.5b | 12.9x | 21.8x | 4.3x |
| Mon, 03 Oct 2022 | HK$892.7b | HK$217.4b | HK$40.4b | 9x | 22.1x | 4.1x |
Price to Earnings Ratio
22.1x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 29.1x.
- The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 7.5x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 7.8% per year over the last three years.
- Meanwhile revenues for these companies have declined 4.4% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | -2.67% | |
| Financials | -4.07% | |
| Capital Markets | -5.92% | |
| Diversified Capital Markets | 4.11% | |
| Financial Exchanges and Data | -4.29% | |
| Asset Management | -6.13% | |
| Investment Banking and Brokerage | -7.49% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 34.7x.
- Analysts are expecting annual earnings growth of 7.9%, which is lower than the prior year's growth of 32.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 9.3% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.9% 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 | |
|---|---|---|---|---|---|
| 165 China Everbright | HK$12.79 | 40.7% +HK$6.2b | 214.3% | PS9x | |
| 9636 JF SmartInvest Holdings | HK$67.60 | 1.9% +HK$585.4m | 999.2% | PE22.8x | |
| 1428 Bright Smart Securities & Commodities Group | HK$9.74 | 3.6% +HK$577.1m | 404.7% | PE26.8x | |
| 1140 Wealthink AI-Innovation Capital | HK$0.16 | 20.1% +HK$284.0m | 64.3% | PE26.4x | |
| 1709 DL Holdings Group | HK$3.45 | 2.1% +HK$117.9m | -11.5% | PE42.5x |
