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Hong Kong (HSI) Tech Sector Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies219
  • 7D1.1%
  • 3M-8.5%
  • 1Y42.3%
  • YTD0.5%

Last week, the Tech industry hasn't moved much but Shanghai Biren Technology is up 14% in that time. As for the the longer term, the industry is up 43% over the past 12 months. As for the next few years, earnings are expected to grow by 28% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026HK$3.6tHK$2.9tHK$76.4b17.1x47.4x1.2x
Sat, 13 Dec 2025HK$3.5tHK$2.9tHK$76.9b16.4x45.2x1.2x
Mon, 10 Nov 2025HK$3.6tHK$2.8tHK$66.7b16.5x53.7x1.3x
Wed, 08 Oct 2025HK$4.2tHK$2.8tHK$66.8b19.6x63.4x1.5x
Fri, 05 Sep 2025HK$3.7tHK$2.8tHK$67.4b17.5x54.4x1.3x
Sun, 03 Aug 2025HK$3.3tHK$2.7tHK$53.9b17x62x1.2x
Tue, 01 Jul 2025HK$3.4tHK$2.7tHK$55.8b14.6x60.3x1.2x
Thu, 29 May 2025HK$3.0tHK$2.7tHK$52.3b13.5x57.6x1.1x
Sat, 26 Apr 2025HK$2.9tHK$2.6tHK$45.7b13.9x64.1x1.1x
Mon, 24 Mar 2025HK$3.3tHK$2.5tHK$39.3b12.8x84.3x1.3x
Wed, 19 Feb 2025HK$3.1tHK$2.4tHK$35.4b12.6x88.3x1.3x
Fri, 17 Jan 2025HK$2.4tHK$2.4tHK$35.6b11.6x68x1x
Sun, 15 Dec 2024HK$2.3tHK$2.4tHK$37.2b11.3x61.5x0.9x
Tue, 12 Nov 2024HK$2.3tHK$2.4tHK$33.1b12.2x69.7x1x
Thu, 10 Oct 2024HK$2.0tHK$2.4tHK$34.2b11.1x59.4x0.8x
Sat, 07 Sep 2024HK$1.6tHK$2.4tHK$34.3b10x45.9x0.7x
Mon, 05 Aug 2024HK$1.5tHK$2.3tHK$45.7b11.7x33.2x0.7x
Wed, 03 Jul 2024HK$1.6tHK$2.3tHK$44.7b11.6x36.6x0.7x
Fri, 31 May 2024HK$1.7tHK$2.3tHK$42.3b12.1x40x0.7x
Sun, 28 Apr 2024HK$1.6tHK$2.2tHK$43.1b11.3x36.1x0.7x
Tue, 26 Mar 2024HK$1.5tHK$2.2tHK$50.9b10.3x29.8x0.7x
Thu, 22 Feb 2024HK$1.4tHK$2.3tHK$64.3b9.6x21.4x0.6x
Sat, 20 Jan 2024HK$1.4tHK$2.3tHK$66.4b9.6x21.5x0.6x
Mon, 18 Dec 2023HK$1.6tHK$2.3tHK$66.5b9.9x24.4x0.7x
Wed, 15 Nov 2023HK$1.6tHK$2.3tHK$67.5b11.1x24.3x0.7x
Fri, 13 Oct 2023HK$1.5tHK$2.3tHK$70.9b10.4x21.8x0.7x
Sun, 10 Sep 2023HK$1.5tHK$2.3tHK$70.7b10.9x21.9x0.7x
Tue, 08 Aug 2023HK$1.6tHK$2.4tHK$81.0b10.2x19.9x0.7x
Thu, 06 Jul 2023HK$1.6tHK$2.4tHK$81.8b9.9x19.5x0.7x
Sat, 03 Jun 2023HK$1.6tHK$2.4tHK$83.3b8.6x18.9x0.7x
Mon, 01 May 2023HK$1.7tHK$2.5tHK$81.4b8.9x20.7x0.7x
Wed, 29 Mar 2023HK$1.7tHK$2.5tHK$65.6b8.7x26.1x0.7x
Fri, 24 Feb 2023HK$1.8tHK$2.5tHK$74.8b8.6x23.7x0.7x
Sun, 22 Jan 2023HK$1.8tHK$2.6tHK$76.4b8.4x23.9x0.7x
Price to Earnings Ratio

23.9x


Total Market Cap: HK$1.8tTotal Earnings: HK$76.4bTotal Revenue: HK$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Tech Sector Price to Earnings3Y Average 42.5x202420252026
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 47.1x which is higher than its 3-year average PE of 42.5x.
  • The 3-year average PS ratio of 0.89x 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

HK Market1.63%
Tech1.10%
IT13.27%
Software8.29%
Semiconductors1.06%
Electronic Equipment and Components0.12%
Tech Hardware-1.14%
Communications-5.51%
Industry PE
  • Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 40.6x.
    • Analysts are expecting annual earnings growth of 32.4%, which is higher than its past year's earnings growth of 4.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 30% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 15% 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
2513 Knowledge Atlas TechnologyHK$241.0083.3%
+HK$48.2b
n/aPS206.9x
981 Semiconductor Manufacturing InternationalHK$77.353.2%
+HK$19.2b
114.9%PE128x
1347 Hua Hong SemiconductorHK$99.458.5%
+HK$13.6b
327.7%PE1812.3x
6082 Shanghai Biren TechnologyHK$38.2013.6%
+HK$11.0b
n/aPS229.5x
2718 Mininglamp TechnologyHK$248.2028.1%
+HK$7.9b
n/aPS21.9x

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