Hong Kong (HSI) Interactive Media and Services Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Interactive Media and Services Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 12 May 2026	HK$4.5t	HK$1.1t	HK$282.7b	11.4x	15.8x	4.2x
Thu, 09 Apr 2026	HK$4.8t	HK$1.1t	HK$281.5b	12x	17.1x	4.6x
Sat, 07 Mar 2026	HK$5.0t	HK$1.0t	HK$269.0b	12.9x	18.7x	5x
Mon, 02 Feb 2026	HK$5.9t	HK$1.0t	HK$266.7b	15.5x	22x	5.8x
Wed, 31 Dec 2025	HK$5.7t	HK$994.4b	HK$264.2b	13.7x	21.8x	5.8x
Fri, 28 Nov 2025	HK$5.9t	HK$980.7b	HK$260.6b	14.2x	22.6x	6x
Sun, 26 Oct 2025	HK$6.2t	HK$941.7b	HK$246.8b	16.7x	24.9x	6.5x
Tue, 23 Sep 2025	HK$6.2t	HK$943.1b	HK$247.2b	16.5x	25.1x	6.6x
Thu, 21 Aug 2025	HK$5.7t	HK$935.3b	HK$245.0b	18.8x	23.4x	6.1x
Sat, 19 Jul 2025	HK$5.1t	HK$913.4b	HK$237.1b	18.3x	21.4x	5.6x
Mon, 16 Jun 2025	HK$4.9t	HK$913.2b	HK$237.1b	14x	20.8x	5.4x
Wed, 14 May 2025	HK$4.9t	HK$878.6b	HK$228.6b	13.7x	21.3x	5.6x
Fri, 11 Apr 2025	HK$4.3t	HK$859.4b	HK$223.6b	14.1x	19.1x	5x
Sun, 09 Mar 2025	HK$5.1t	HK$849.2b	HK$200.0b	16.9x	25.7x	6x
Tue, 04 Feb 2025	HK$3.9t	HK$850.1b	HK$200.2b	11.7x	19.4x	4.6x
Thu, 02 Jan 2025	HK$4.0t	HK$836.9b	HK$197.5b	13.1x	20.3x	4.8x
Sat, 30 Nov 2024	HK$3.9t	HK$845.3b	HK$199.5b	12x	19.4x	4.6x
Mon, 28 Oct 2024	HK$4.1t	HK$841.0b	HK$182.7b	16.6x	22.3x	4.9x
Wed, 25 Sep 2024	HK$3.9t	HK$853.1b	HK$185.3b	15.3x	21.1x	4.6x
Fri, 23 Aug 2024	HK$3.7t	HK$840.7b	HK$182.7b	10.2x	20x	4.4x
Sun, 21 Jul 2024	HK$3.6t	HK$810.7b	HK$154.0b	12.6x	23.1x	4.4x
Tue, 18 Jun 2024	HK$3.8t	HK$812.4b	HK$154.4b	10.5x	24.4x	4.6x
Thu, 16 May 2024	HK$3.8t	HK$811.6b	HK$149.4b	11x	25.5x	4.7x
Sat, 13 Apr 2024	HK$3.1t	HK$802.5b	HK$132.3b	9.8x	23.6x	3.9x
Mon, 11 Mar 2024	HK$2.7t	HK$789.6b	HK$213.3b	8.9x	12.8x	3.5x
Wed, 07 Feb 2024	HK$2.9t	HK$798.4b	HK$215.7b	8.9x	13.5x	3.7x
Fri, 05 Jan 2024	HK$3.0t	HK$792.5b	HK$213.5b	9.5x	14.2x	3.8x
Sun, 03 Dec 2023	HK$3.3t	HK$794.5b	HK$214.0b	10.6x	15.2x	4.1x
Tue, 31 Oct 2023	HK$3.0t	HK$755.3b	HK$207.8b	9.1x	14.5x	4x
Thu, 28 Sep 2023	HK$3.1t	HK$755.8b	HK$207.9b	9.3x	15.1x	4.1x
Sat, 26 Aug 2023	HK$3.3t	HK$761.0b	HK$208.0b	26.6x	16x	4.4x
Mon, 24 Jul 2023	HK$3.4t	HK$746.2b	HK$197.0b	27x	17.4x	4.6x
Wed, 21 Jun 2023	HK$3.6t	HK$747.7b	HK$197.4b	30.5x	18.2x	4.8x
Fri, 19 May 2023	HK$3.5t	HK$743.0b	HK$193.0b	30.6x	18x	4.7x

Current Industry PE

Investors are pessimistic on the Hong Kong Interactive Media and Services 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 16.0x which is lower than its 3-year average PE of 20.1x.

The 3-year average PS ratio of 4.9x is higher than the industry's current PS ratio of 4.3x.

Past Earnings Growth

The earnings for companies in the Interactive Media and Services industry have grown 13% per year over the last three years.
Revenues for these companies have grown 12% 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 Telecom industry?


HK Market	0.77%
Telecom	0.76%
Interactive Media and Services	-0.92%
Interactive Media and Services	-0.92%

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?

Company	Last Price	7D	1Y	Valuation
1024 Kuaishou Technology	HK$52.60	19.1% +HK$36.5b	-0.09%	PE10.6x
1357 Meitu	HK$5.18	23.6% +HK$4.5b	-4.1%	PE27.9x
3700 Inkeverse Group	HK$0.83	13.7% +HK$193.7m	-40.7%	PE5.8x
1980 Tian Ge Interactive Holdings	HK$0.72	7.5% +HK$52.4m	20.0%	PS17x
150 Hypebeast	HK$0.17	2.4% +HK$8.1m	2.4%	PS0.6x

Sina Hong Kong Limited cancelled the acquisition of an additional 2.93% stake in Tian Ge Interactive Holdings Limited (SEHK:1980) from Fu Zhengjun, Mai Shi’en, Zhao Weiwen and Xinshow Limited.

Sina Hong Kong Limited proposed to acquire an additional 2.93% stake in Tian Ge Interactive Holdings Limited (SEHK:1980) from Fu Zhengjun, Mai Shi’en, Zhao Weiwen and Xinshow Limited for HKD 22.8 million on January 8, 2026. As part of acquisition, 32,500,000 shares will be acquired for HKD 0.7 in cash per share. Upon completion, Sina Hong Kong Limited will own 29.97% stake in Tian Ge Interactive Holdings Limited. The transaction will be financed from Sina Hong Kong internal resources. The Partial Offer is subject to the satisfaction of the Pre-Conditions and valid acceptances being received in respect of a minimum of 32,500,000 Offer Shares to be tendered. On February 4, 2026, the consent from the Executive in respect of the Partial Offer pursuant to Rule 28.1 of the Takeovers Code has been obtained, and the Executive has ruled that the class (1) presumption of the definition of acting in concert under the Takeovers Code between the Offeror and Fu Concert Parties is rebutted. As such, all Pre-Conditions have been satisfied. As of February 11, 2026, the board of directors of Tian Ge Interactive Holdings Limited would like to announce that an independent board committee, comprising all independent non-executive Directors, namely, Tse Ming Lun Alan, Wang Mingchun and Lam Yick Man, has been established to advise the independent shareholders of the Company in respect of the Partial Offer. The deal is expected to close on April 13, 2026. As of March 30, 2026, the first closing date, Sina Hong Kong Limited had received valid acceptances in respect of a total of 10,774,501 Offer Shares from Qualifying Shareholders under the Partial Offer representing approximately 0.97% of the total issued Shares of Tian Ge Interactive Holdings Limited. The offer is now expected to close on April 13, 2026. Yu Ming Investment Management Limited acted as financial advisor for Sina Hong Kong Limited. Red Sun Capital Limited acted as independent financial adviser and fairness opinion provider to advise the Independent Board Committee and the Independent Shareholders in connection with the Partial Offer. Sina Hong Kong Limited cancelled the acquisition of an additional 2.93% stake in Tian Ge Interactive Holdings Limited (SEHK:1980) from Fu Zhengjun, Mai Shi’en, Zhao Weiwen and Xinshow Limited on April 13, 2026. As at 4:00 p.m. on April 13, 2026, being the Extended Closing Date, the Offeror had received valid acceptances in respect of a total of 10,790,502 Offer Shares from Qualifying Shareholders under the Partial Offer, representing approximately 0.97% of the total issued Shares of Tian Ge Interactive Holdings Limited. In light of the level of acceptance of the Offer, the minimum share condition has not been fulfilled as at the Extended Closing Date. As such, the Partial Offer has not become unconditional and has lapsed accordingly on April 13, 2026.

Hong Kong (HSI) Interactive Media and Services Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

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Sina Hong Kong Limited cancelled the acquisition of an additional 2.93% stake in Tian Ge Interactive Holdings Limited (SEHK:1980) from Fu Zhengjun, Mai Shi’en, Zhao Weiwen and Xinshow Limited.

Full year 2025 earnings released: EPS: CN¥0.097 (vs CN¥0.13 in FY 2024)

New minor risk - Share price stability