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Hong Kong (HSI) Telecom Services and Carriers Industry Analysis

UpdatedNov 07, 2025
DataAggregated Company Financials
Companies8
  • 7D3.5%
  • 3M-3.8%
  • 1Y28.8%
  • YTD20.9%

In the last week, the Telecom Services and Carriers industry is up 3.5%, with China Telecom up 6.9%. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Nov 2025HK$1.3tHK$1.2tHK$79.7b14x16.3x1.1x
Mon, 06 Oct 2025HK$1.3tHK$1.2tHK$78.9b13x16x1x
Wed, 03 Sep 2025HK$1.4tHK$1.2tHK$78.9b14x17.2x1.1x
Fri, 01 Aug 2025HK$1.4tHK$1.2tHK$77.1b15.2x17.7x1.1x
Sun, 29 Jun 2025HK$1.4tHK$1.2tHK$77.3b14.1x17.6x1.1x
Tue, 27 May 2025HK$1.4tHK$1.2tHK$77.1b14.8x17.9x1.1x
Thu, 24 Apr 2025HK$1.3tHK$1.2tHK$75.0b14.4x17.4x1.1x
Sat, 22 Mar 2025HK$1.3tHK$1.2tHK$74.5b15.3x17.5x1.1x
Mon, 17 Feb 2025HK$1.3tHK$1.2tHK$74.1b14.7x17.9x1.1x
Wed, 15 Jan 2025HK$1.2tHK$1.2tHK$73.4b12.3x15.9x1x
Fri, 13 Dec 2024HK$1.2tHK$1.2tHK$73.9b12.5x15.7x1x
Sun, 10 Nov 2024HK$1.1tHK$1.2tHK$74.7b11.3x14.9x0.9x
Tue, 08 Oct 2024HK$1.2tHK$1.2tHK$73.6b11.6x16.4x1x
Thu, 05 Sep 2024HK$1.1tHK$1.2tHK$72.9b10.2x14.8x0.9x
Sat, 03 Aug 2024HK$1.1tHK$1.2tHK$70.1b11.3x15.2x0.9x
Mon, 01 Jul 2024HK$1.1tHK$1.1tHK$69.4b11.7x15.6x0.9x
Wed, 29 May 2024HK$1.0tHK$1.2tHK$69.6b10.8x14.9x0.9x
Fri, 26 Apr 2024HK$1.0tHK$1.2tHK$69.8b12.1x14.8x0.9x
Sun, 24 Mar 2024HK$995.4bHK$1.1tHK$68.5b11.3x14.5x0.9x
Tue, 20 Feb 2024HK$1.0tHK$1.1tHK$67.5b11.6x15.1x0.9x
Thu, 18 Jan 2024HK$896.8bHK$1.2tHK$67.6b10.6x13.3x0.8x
Sat, 16 Dec 2023HK$906.1bHK$1.2tHK$68.2b9.7x13.3x0.8x
Mon, 13 Nov 2023HK$879.3bHK$1.1tHK$66.6b9.6x13.2x0.8x
Wed, 11 Oct 2023HK$950.5bHK$1.1tHK$66.9b11.3x14.2x0.8x
Fri, 08 Sep 2023HK$947.1bHK$1.1tHK$66.8b10.9x14.2x0.8x
Sun, 06 Aug 2023HK$991.1bHK$1.1tHK$65.6b11.6x15.1x0.9x
Tue, 04 Jul 2023HK$965.6bHK$1.1tHK$65.1b11.3x14.8x0.9x
Thu, 01 Jun 2023HK$1.0tHK$1.1tHK$66.3b11.4x15.6x0.9x
Sat, 29 Apr 2023HK$1.1tHK$1.2tHK$68.0b12.4x16.8x1x
Mon, 27 Mar 2023HK$1.1tHK$1.1tHK$66.9b11.8x16.7x1x
Wed, 22 Feb 2023HK$1.1tHK$1.1tHK$67.7b12.2x15.9x0.9x
Fri, 20 Jan 2023HK$889.4bHK$1.1tHK$68.4b11.5x13x0.8x
Sun, 18 Dec 2022HK$832.1bHK$1.1tHK$66.4b11.1x12.5x0.7x
Tue, 15 Nov 2022HK$737.3bHK$1.1tHK$65.7b10.8x11.2x0.7x
Price to Earnings Ratio

11.2x


Total Market Cap: HK$737.3bTotal Earnings: HK$65.7bTotal Revenue: HK$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Telecom Services and Carriers Industry Price to Earnings3Y Average 15.5x202320242025
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 15.5x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 6.7% 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 Market1.01%
Telecom-0.10%
Telecom Services and Carriers3.45%
Integrated Telecom Services3.47%
Alternative Carriers1.82%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry, which is trading close to its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 10.4%, which is higher than its past year's earnings growth of 5.2% 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 8.9x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Alternative Carriers industry is expected to see its earnings grow by 3.3% 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
728 China TelecomHK$5.856.9%
+HK$34.8b		33.9%PE14.2x
762 China Unicom (Hong Kong)HK$9.835.1%
+HK$14.7b		51.5%PE12.8x
788 China TowerHK$11.562.9%
+HK$5.8b		11.2%PE16.4x
6823 HKT Trust and HKTHK$11.602.4%
+HK$2.0b		20.3%PE17.1x
8 PCCWHK$5.651.8%
+HK$773.8m		30.5%PS1.1x

Latest News

1310
HK$7.00
HKBN
7D
2.5%
1Y
88.7%

1310: Majority Stake Acquisition And Leadership Change Will Shape Future Prospects

Analysts have maintained their price target for HKBN at $6.50. They cite adjustments to discount rate, revenue growth, and profit margin assumptions that balance out to keep the fair value estimate unchanged.
762
HK$9.83
China Unicom (Hong Kong)
7D
5.1%
1Y
51.5%
728
HK$5.85
China Telecom
7D
6.9%
1Y
33.9%
6823
HK$11.60
HKT Trust and HKT
7D
2.4%
1Y
20.3%

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Oct 22
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788
HK$11.56
China Tower
7D
2.9%
1Y
11.2%
8
HK$5.65
PCCW
7D
1.8%
1Y
30.5%

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1045
HK$2.10
APT Satellite Holdings
7D
-0.9%
1Y
-5.4%
1883
HK$2.56
CITIC Telecom International Holdings
7D
3.6%
1Y
12.3%

CITIC Telecom International Holdings (HKG:1883) Has Affirmed Its Dividend Of HK$0.06

Aug 20
CITIC Telecom International Holdings (HKG:1883) Has Affirmed Its Dividend Of HK$0.06