Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Hong Kong (HSI) Telecom Services and Carriers Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.006%
  • 3M7.7%
  • 1Y-5.8%
  • YTD-0.3%

The Telecom Services and Carriers industry has been flat over the last week, but China Tower has lost 7.2%. Unfortunately though, the industry is down 5.8% over the past 12 months. As for the next few years, earnings are expected to grow by 8.2% per annum.

Industry Valuation and Performance

Has the Hong Kong Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026HK$1.3tHK$1.3tHK$80.0b14x15.8x1x
Sat, 18 Apr 2026HK$1.2tHK$1.3tHK$81.6b14.4x14.4x0.9x
Mon, 16 Mar 2026HK$1.2tHK$1.3tHK$82.8b15.7x14.7x1x
Wed, 11 Feb 2026HK$1.1tHK$1.3tHK$82.5b14.9x13.9x0.9x
Fri, 09 Jan 2026HK$1.2tHK$1.2tHK$81.3b16x14.9x1x
Sun, 07 Dec 2025HK$1.3tHK$1.2tHK$80.3b14.3x16.4x1.1x
Tue, 04 Nov 2025HK$1.3tHK$1.2tHK$79.7b13.5x16.1x1.1x
Thu, 02 Oct 2025HK$1.3tHK$1.2tHK$79.0b13x16x1x
Sat, 30 Aug 2025HK$1.4tHK$1.2tHK$78.9b14.2x17.5x1.1x
Mon, 28 Jul 2025HK$1.4tHK$1.2tHK$77.4b14.4x17.5x1.1x
Wed, 25 Jun 2025HK$1.4tHK$1.2tHK$77.3b14.2x17.9x1.1x
Fri, 23 May 2025HK$1.4tHK$1.2tHK$76.8b14.7x18x1.2x
Sun, 20 Apr 2025HK$1.3tHK$1.2tHK$74.9b15.4x17.8x1.1x
Tue, 18 Mar 2025HK$1.4tHK$1.2tHK$74.3b15.4x18.3x1.2x
Thu, 13 Feb 2025HK$1.3tHK$1.2tHK$73.6b14.8x17.6x1.1x
Sat, 11 Jan 2025HK$1.2tHK$1.2tHK$73.4b12.6x16x1x
Mon, 09 Dec 2024HK$1.1tHK$1.2tHK$73.9b12.2x15.3x1x
Wed, 06 Nov 2024HK$1.1tHK$1.2tHK$75.4b11.5x14.9x1x
Fri, 04 Oct 2024HK$1.2tHK$1.2tHK$73.4b10.6x15.7x1x
Sun, 01 Sep 2024HK$1.1tHK$1.2tHK$73.2b10.8x14.8x0.9x
Tue, 30 Jul 2024HK$1.1tHK$1.2tHK$69.6b11.4x15.3x0.9x
Thu, 27 Jun 2024HK$1.0tHK$1.1tHK$69.4b11.3x15x0.9x
Sat, 25 May 2024HK$1.0tHK$1.2tHK$69.7b10.6x14.7x0.9x
Mon, 22 Apr 2024HK$1.0tHK$1.2tHK$69.3b12.3x15x0.9x
Wed, 20 Mar 2024HK$982.7bHK$1.2tHK$67.8b10.9x14.5x0.9x
Fri, 16 Feb 2024HK$985.2bHK$1.2tHK$68.2b11.1x14.4x0.8x
Sun, 14 Jan 2024HK$898.5bHK$1.2tHK$67.8b10.6x13.3x0.8x
Tue, 12 Dec 2023HK$893.6bHK$1.1tHK$67.5b9.7x13.2x0.8x
Thu, 09 Nov 2023HK$880.9bHK$1.1tHK$66.7b9.6x13.2x0.8x
Sat, 07 Oct 2023HK$942.4bHK$1.1tHK$67.0b11.3x14.1x0.8x
Mon, 04 Sep 2023HK$945.7bHK$1.1tHK$67.4b10.8x14x0.8x
Wed, 02 Aug 2023HK$985.5bHK$1.1tHK$65.4b11.8x15.1x0.9x
Fri, 30 Jun 2023HK$949.0bHK$1.1tHK$65.2b11.1x14.6x0.8x
Sun, 28 May 2023HK$1.0tHK$1.1tHK$66.6b11.6x15.2x0.9x
Price to Earnings Ratio

15.2x


Total Market Cap: HK$1.0tTotal Earnings: HK$66.6bTotal Revenue: HK$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Services and Carriers Industry Price to Earnings3Y Average 15.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Telecom 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 15.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 6.3% per year over the last three years.
  • Revenues for these companies have grown 3.4% 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-2.80%
Telecom-1.32%
Telecom Services and Carriers-0.006%
Integrated Telecom Services0.065%
Alternative Carriers-6.20%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 15.7x.
    • Analysts are expecting annual earnings growth of 8.3%, which is higher than its past year's earnings growth of 4.3% per year.
  • Investors are most pessimistic about the Alternative Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.4x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 8.3% over the next 5 years.
  • This is better than its past earnings growth rate of 4.3% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings grow by 4.9% 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
762 China Unicom (Hong Kong)HK$7.830.4%
+HK$917.9m		-17.0%PE10.5x

Latest News

1310
HK$7.01
HKBN
7D
-2.2%
1Y
37.5%
8
HK$6.10
PCCW
7D
-1.5%
1Y
22.2%
6823
HK$12.55
HKT Trust and HKT
7D
-0.9%
1Y
12.7%
1883
HK$2.77
CITIC Telecom International Holdings
7D
-2.1%
1Y
14.5%
1045
HK$3.20
APT Satellite Holdings
7D
-13.5%
1Y
64.9%
788
HK$10.23
China Tower
7D
-8.3%
1Y
-13.3%
728
HK$5.47
China Telecom
7D
-0.7%
1Y
-5.7%
Narrative Update • May 07

728: Upcoming Dividend And Board Decisions Will Support Future Rerating Potential

Analysts have trimmed their HK$ fair value estimate for China Telecom from HK$6.33 to HK$6.30, linking the adjustment to updated views on long term revenue growth, profit margins and future P/E assumptions. What's in the News China Telecom reported operating statistics for the first quarter of 2026, with mobile subscribers at 440.55 million (Announcement of operating results).
524
HK$0.76
Great Wall Terroir Holdings
7D
-16.5%
1Y
153.3%
762
HK$7.83
China Unicom (Hong Kong)
7D
0.4%
1Y
-17.0%