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Hong Kong (HSI) Tech Sector Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies219
  • 7D3.6%
  • 3M-4.2%
  • 1Y-3.4%
  • YTD-2.7%

Over the last 7 days, the Tech industry has risen 5.4%, driven by gains from MiniMax Group of 36%. During this same period, the Deepexi Technology underperformed, falling 41%. In contrast, the industry has lost 3.8% in the last 12 months. Earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

Has the Hong Kong Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026HK$3.5tHK$3.0tHK$78.3b15.7x45.1x1.2x
Sun, 08 Feb 2026HK$3.5tHK$2.9tHK$76.4b15.7x45.2x1.2x
Tue, 06 Jan 2026HK$3.6tHK$2.9tHK$77.5b16x46.9x1.2x
Thu, 04 Dec 2025HK$3.3tHK$2.9tHK$77.5b16x43x1.2x
Sat, 01 Nov 2025HK$3.7tHK$2.8tHK$67.2b17.7x54.7x1.3x
Mon, 29 Sep 2025HK$4.0tHK$2.8tHK$67.3b18.3x59.3x1.4x
Wed, 27 Aug 2025HK$3.7tHK$2.8tHK$70.3b20.8x52.1x1.3x
Fri, 25 Jul 2025HK$3.5tHK$2.7tHK$55.4b16.9x63.3x1.3x
Sun, 22 Jun 2025HK$3.1tHK$2.7tHK$52.7b14.1x58.7x1.1x
Tue, 20 May 2025HK$3.1tHK$2.6tHK$46.2b13.8x67.1x1.2x
Thu, 17 Apr 2025HK$2.7tHK$2.6tHK$45.6b13.2x59.5x1x
Sat, 15 Mar 2025HK$3.3tHK$2.4tHK$35.6b12.9x91.3x1.3x
Mon, 10 Feb 2025HK$2.9tHK$2.4tHK$35.9b12.9x81.1x1.2x
Wed, 08 Jan 2025HK$2.4tHK$2.4tHK$35.5b11.3x67.2x1x
Fri, 06 Dec 2024HK$2.2tHK$2.4tHK$37.2b11.1x59.9x0.9x
Sun, 03 Nov 2024HK$2.1tHK$2.4tHK$32.5b12x65.7x0.9x
Tue, 01 Oct 2024HK$1.9tHK$2.4tHK$34.2b10.6x55.9x0.8x
Thu, 29 Aug 2024HK$1.6tHK$2.4tHK$41.7b10.6x38.6x0.7x
Sat, 27 Jul 2024HK$1.5tHK$2.3tHK$44.6b11.5x34.8x0.7x
Mon, 24 Jun 2024HK$1.7tHK$2.3tHK$41.9b12x41.4x0.8x
Wed, 22 May 2024HK$1.7tHK$2.2tHK$40.8b12x41.5x0.8x
Fri, 19 Apr 2024HK$1.5tHK$2.3tHK$44.5b11.1x33.1x0.7x
Sun, 17 Mar 2024HK$1.5tHK$2.2tHK$50.9b10.2x29.7x0.7x
Tue, 13 Feb 2024HK$1.3tHK$2.3tHK$64.3b9.4x20.4x0.6x
Thu, 11 Jan 2024HK$1.5tHK$2.3tHK$66.2b9.5x22.7x0.7x
Sat, 09 Dec 2023HK$1.5tHK$2.3tHK$66.3b9.8x23.4x0.7x
Mon, 06 Nov 2023HK$1.6tHK$2.3tHK$71.1b10.5x22.8x0.7x
Wed, 04 Oct 2023HK$1.5tHK$2.3tHK$71.0b10.1x21.1x0.7x
Fri, 01 Sep 2023HK$1.6tHK$2.3tHK$72.0b10.6x22.1x0.7x
Sun, 30 Jul 2023HK$1.6tHK$2.4tHK$81.4b9.9x19.9x0.7x
Tue, 27 Jun 2023HK$1.5tHK$2.4tHK$82.6b9.1x18.8x0.7x
Thu, 25 May 2023HK$1.6tHK$2.5tHK$80.1b8.6x19.4x0.6x
Sat, 22 Apr 2023HK$1.7tHK$2.5tHK$81.3b9.6x21.3x0.7x
Mon, 20 Mar 2023HK$1.7tHK$2.5tHK$72.2b8.3x23.8x0.7x
Price to Earnings Ratio

23.8x


Total Market Cap: HK$1.7tTotal Earnings: HK$72.2bTotal Revenue: HK$2.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Tech Sector Price to Earnings3Y Average 43.7x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.0x which is higher than its 3-year average PE of 43.7x.
  • The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 2.8% per year over the last three years.
  • Revenues for these companies have grown 5.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Tech sector?

HK Market1.72%
Tech3.56%
IT24.25%
Communications5.02%
Semiconductors3.43%
Tech Hardware3.29%
Electronic Equipment and Components1.72%
Software0.62%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 42.5x.
    • Analysts are expecting annual earnings growth of 75.0%, which is higher than its past year's earnings growth of 4.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 75% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
100 MiniMax GroupHK$1.08k35.5%
+HK$87.8b
n/aPS541.9x
1810 XiaomiHK$33.303.4%
+HK$28.4b
-37.0%PE17.2x
3317 Shenzhen Xunce TechnologyHK$141.80100.7%
+HK$23.0b
n/aPS73.4x
2513 Knowledge Atlas TechnologyHK$555.506.8%
+HK$15.8b
n/aPS474.3x
1347 Hua Hong SemiconductorHK$95.008.9%
+HK$13.5b
159.9%PE384.3x

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