Hong Kong (HSI) Capital Markets Industry Analysis

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
Mon, 25 May 2026	HK$1.3t	HK$209.5b	HK$62.5b	14x	21.2x	6.3x
Wed, 22 Apr 2026	HK$1.3t	HK$198.6b	HK$56.7b	13.3x	23.5x	6.7x
Fri, 20 Mar 2026	HK$1.3t	HK$210.3b	HK$61.4b	17.5x	21.1x	6.1x
Sun, 15 Feb 2026	HK$1.3t	HK$208.3b	HK$60.2b	20.2x	22.1x	6.4x
Tue, 13 Jan 2026	HK$1.4t	HK$206.4b	HK$59.8b	21.1x	23.7x	6.9x
Thu, 11 Dec 2025	HK$1.3t	HK$203.8b	HK$58.9b	19.3x	22.7x	6.6x
Sat, 08 Nov 2025	HK$1.4t	HK$201.3b	HK$58.0b	22.7x	23.9x	6.9x
Mon, 06 Oct 2025	HK$1.5t	HK$189.8b	HK$50.6b	24.1x	29.2x	7.8x
Wed, 03 Sep 2025	HK$1.5t	HK$191.1b	HK$50.5b	27.3x	29.7x	7.8x
Fri, 01 Aug 2025	HK$1.4t	HK$173.2b	HK$40.2b	33.4x	35.4x	8.2x
Sun, 29 Jun 2025	HK$1.3t	HK$172.7b	HK$40.3b	24.7x	32.8x	7.7x
Tue, 27 May 2025	HK$1.2t	HK$171.7b	HK$39.5b	24x	29.8x	6.9x
Thu, 24 Apr 2025	HK$1.1t	HK$162.1b	HK$34.1b	20.5x	32.1x	6.8x
Sat, 22 Mar 2025	HK$1.2t	HK$162.2b	HK$33.4b	28.6x	34.8x	7.2x
Mon, 17 Feb 2025	HK$1.1t	HK$161.2b	HK$32.0b	20.9x	34.8x	6.9x
Wed, 15 Jan 2025	HK$974.0b	HK$160.8b	HK$28.7b	17.1x	33.9x	6.1x
Fri, 13 Dec 2024	HK$1.1t	HK$161.6b	HK$28.7b	21.5x	38.5x	6.8x
Sun, 10 Nov 2024	HK$1.2t	HK$163.3b	HK$29.2b	23.8x	40.7x	7.3x
Tue, 08 Oct 2024	HK$1.3t	HK$162.4b	HK$28.3b	27.6x	46x	8x
Thu, 05 Sep 2024	HK$771.0b	HK$162.2b	HK$28.8b	14.9x	26.8x	4.8x
Sat, 03 Aug 2024	HK$787.3b	HK$160.9b	HK$30.0b	16x	26.2x	4.9x
Mon, 01 Jul 2024	HK$815.1b	HK$159.5b	HK$29.8b	16.1x	27.4x	5.1x
Wed, 29 May 2024	HK$893.5b	HK$160.0b	HK$29.3b	10.3x	30.5x	5.6x
Fri, 26 Apr 2024	HK$837.1b	HK$167.9b	HK$32.8b	10.9x	25.5x	5x
Sun, 24 Mar 2024	HK$867.9b	HK$161.0b	HK$33.2b	8.8x	26.1x	5.4x
Tue, 20 Feb 2024	HK$861.8b	HK$160.5b	HK$35.1b	9.6x	24.5x	5.4x
Thu, 18 Jan 2024	HK$833.2b	HK$163.0b	HK$34.2b	9.9x	24.4x	5.1x
Sat, 16 Dec 2023	HK$958.2b	HK$164.3b	HK$34.8b	10.7x	27.6x	5.8x
Mon, 13 Nov 2023	HK$986.5b	HK$174.1b	HK$33.2b	10.5x	29.7x	5.7x
Wed, 11 Oct 2023	HK$956.0b	HK$175.7b	HK$34.5b	10.3x	27.7x	5.4x
Fri, 08 Sep 2023	HK$995.9b	HK$170.1b	HK$33.7b	11.1x	29.6x	5.9x
Sun, 06 Aug 2023	HK$1.1t	HK$183.7b	HK$33.4b	12.6x	32.4x	5.9x
Tue, 04 Jul 2023	HK$978.2b	HK$182.5b	HK$33.1b	11.9x	29.5x	5.4x
Thu, 01 Jun 2023	HK$999.3b	HK$199.3b	HK$36.8b	14x	27.2x	5x

Current Industry PE

Investors are pessimistic on the Hong Kong Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 21.2x which is lower than its 3-year average PE of 28.9x.

The industry is trading close to its 3-year average PS ratio of 6.2x.

Past Earnings Growth

The earnings for companies in the Capital Markets industry have grown 19% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Hong Kong Financials industry?


HK Market	-1.48%
Financials	-1.21%
Capital Markets	-2.19%
Diversified Capital Markets	7.03%
Financial Exchanges and Data	-2.00%
Investment Banking and Brokerage	-2.36%
Asset Management	-4.20%

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 31.7x.

Analysts are expecting annual earnings growth of 7.7%, which is lower than the prior year's growth of 33.3% per year.

Forecasted Growth

Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 12% over the next 5 years.
However this is lower than its past earnings growth rate of 99% per year.

In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.7% 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$6.82	9.6% +HK$1.0b	56.1%	PS8.7x
64 Get Nice Holdings	HK$3.66	17.3% +HK$333.8m	25.3%	PE38.2x
339 China Sci-Tech Industrial Investment Group	HK$0.82	51.9% +HK$121.0m	728.3%	PE96.3x
3938 LFG Investment Holdings	HK$3.66	6.7% +HK$112.7m	2,231.2%	PS36.9x
1911 China Renaissance Holdings	HK$3.61	5.2% +HK$103.2m	14.2%	PE17.7x

Company

Last Price

Valuation

165 China Everbright

HK$6.82

9.6%
+HK$1.0b

56.1%

PS8.7x

64 Get Nice Holdings

HK$3.66

17.3%
+HK$333.8m

25.3%

PE38.2x

339 China Sci-Tech Industrial Investment Group

HK$0.82

51.9%
+HK$121.0m

728.3%

PE96.3x

3938 LFG Investment Holdings

HK$3.66

6.7%
+HK$112.7m

2,231.2%

PS36.9x

1911 China Renaissance Holdings

HK$3.61

5.2%
+HK$103.2m

14.2%

PE17.7x

Wealthink AI-Innovation Capital Limited Announces Board and Committee Changes, Effective January 21, 2026

Wealthink AI-Innovation Capital Limited announced that Mr. Yang Songbin has resigned as an independent non-executive Director, and will cease to act as the chairman of the Audit Committee, a member of each of the Remuneration Committee, the Nomination Committee and the Corporate Governance Committee with effect from January 21, 2026. The Board further announced that, following the resignation of Mr. Yang Songbin, Mr. He Hongchun has been appointed as an independent non-executive Director of the Company with effect from January 21, 2026. Mr. He Hongchun, aged 51, graduated from Xiangtan University in 1995 majoring in Accounting. He is currently a member of the Chinese Institute of Certified Public Accountants and holds the qualification of Independent Director issued by the Shenzhen Stock Exchange, the qualification of Board Secretary issued by the Shanghai Stock Exchange, and the qualification of Fund Practitioner issued by the Asset Management Association of China. Mr. He Hongchun has over 20 years of extensive experience in the fields of finance and auditing. From 2000 to 2011, he served successively as the financial controller of Xinjiang Huitong (Group) Co. Ltd. (currently known as Bohai Leasing Co. Ltd., a company whose shares are listed on the Shenzhen Stock Exchange) and its subsidiaries, the financial manager of Shanghai Longyuan Shuangdeng Industrial Co. Ltd., the deputy financial controller of Maiquer Group Co. Ltd., and deputy financial controller of Guangzheng Steel Structure Co. Ltd. From April 2011 to March 2020, Mr. He Hongchun acted as a business partner and project management director of Suzhou Delta Capital Investment Management Co. Ltd. From June 2020 to September 2020, Mr. He Hongchun served as the financial controller of Qingdao SiEn Integrated Circuits Co. Ltd., a portfolio company under Xingcheng Capital. Since September 2020, Mr. He Hongchun has been serving as a director, the deputy general manager and the financial controller of Hunan Yuemo Advanced Semiconductor Co. Ltd. Following the resignation of Mr. Yang Songbin as an independent non-executive Director, he ceased to be the chairman of the Audit Committee, a member of each of the Remuneration Committee, the Nomination Committee and the Corporate Governance Committee with effect from January 21, 2026. With effect from January 21, 2026, Mr. He Hongchun has been appointed as the chairman of the Audit Committee, a member of each of the Remuneration Committee, the Nomination Committee and the Corporate Governance Committee.

Hong Kong (HSI) Capital Markets Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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