Has the Hong Kong Wireless Telecom Industry valuation changed over the past few years?

Investors are relatively neutral on the Hong Kong Wireless 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 11.2x. The industry is trading close to its 3-year average PS ratio of 1.5x.

Which industries have driven the changes within the Hong Kong Telecom industry?

There are no additional sub-industries under this industry.

Hong Kong (HSI) Wireless Telecom Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 06 Jun 2026	HK$1.8t	HK$1.2t	HK$157.8b	32.8x	11.6x	1.5x
Mon, 04 May 2026	HK$1.9t	HK$1.2t	HK$156.5b	14.1x	11.9x	1.5x
Wed, 01 Apr 2026	HK$1.8t	HK$1.2t	HK$156.2b	24x	11.2x	1.5x
Fri, 27 Feb 2026	HK$1.7t	HK$1.2t	HK$164.0b	25.1x	10.6x	1.4x
Sun, 25 Jan 2026	HK$1.8t	HK$1.2t	HK$160.5b	24.7x	11x	1.5x
Tue, 23 Dec 2025	HK$1.9t	HK$1.2t	HK$158.5b	25.5x	11.7x	1.6x
Thu, 20 Nov 2025	HK$1.9t	HK$1.2t	HK$157.0b	27.2x	12.2x	1.7x
Sat, 18 Oct 2025	HK$1.9t	HK$1.1t	HK$155.8b	28x	12.1x	1.7x
Mon, 15 Sep 2025	HK$1.9t	HK$1.1t	HK$156.1b	24.7x	12.4x	1.7x
Wed, 13 Aug 2025	HK$1.9t	HK$1.1t	HK$156.1b	22.1x	12.5x	1.7x
Fri, 11 Jul 2025	HK$1.9t	HK$1.2t	HK$153.0b	15.4x	12.5x	1.7x
Sun, 08 Jun 2025	HK$1.9t	HK$1.1t	HK$152.7b	15.2x	12.7x	1.7x
Tue, 06 May 2025	HK$1.8t	HK$1.1t	HK$149.1b	16.2x	12.1x	1.6x
Thu, 03 Apr 2025	HK$1.8t	HK$1.1t	HK$148.6b	17.1x	12.4x	1.6x
Sat, 01 Mar 2025	HK$1.7t	HK$1.1t	HK$147.0b	11.6x	11.8x	1.6x
Mon, 27 Jan 2025	HK$1.7t	HK$1.1t	HK$147.9b	11x	11.3x	1.5x
Wed, 25 Dec 2024	HK$1.7t	HK$1.1t	HK$146.4b	11.2x	11.5x	1.5x
Fri, 22 Nov 2024	HK$1.6t	HK$1.1t	HK$147.9b	10.3x	10.6x	1.4x
Sun, 20 Oct 2024	HK$1.6t	HK$1.1t	HK$149.0b	10.7x	11x	1.4x
Tue, 17 Sep 2024	HK$1.6t	HK$1.1t	HK$149.6b	10.3x	10.5x	1.4x
Thu, 15 Aug 2024	HK$1.6t	HK$1.1t	HK$148.4b	16x	10.8x	1.4x
Sat, 13 Jul 2024	HK$1.7t	HK$1.1t	HK$143.7b	15.8x	11.8x	1.5x
Mon, 10 Jun 2024	HK$1.6t	HK$1.1t	HK$143.9b	15.8x	11.4x	1.5x
Wed, 08 May 2024	HK$1.5t	HK$1.1t	HK$144.7b	15.7x	10.6x	1.4x
Fri, 05 Apr 2024	HK$1.5t	HK$1.1t	HK$142.8b	16.4x	10.5x	1.4x
Sun, 03 Mar 2024	HK$1.5t	HK$1.1t	HK$144.2b	17.3x	10.1x	1.3x
Tue, 30 Jan 2024	HK$1.5t	HK$1.1t	HK$144.3b	16.5x	10.4x	1.4x
Thu, 28 Dec 2023	HK$1.4t	HK$1.1t	HK$144.9b	16.5x	9.7x	1.3x
Sat, 25 Nov 2023	HK$1.4t	HK$1.1t	HK$144.5b	16.5x	9.7x	1.3x
Mon, 23 Oct 2023	HK$1.4t	HK$1.1t	HK$141.8b	16.8x	10x	1.3x
Wed, 20 Sep 2023	HK$1.5t	HK$1.1t	HK$141.1b	13.6x	10.6x	1.4x
Fri, 18 Aug 2023	HK$1.4t	HK$1.1t	HK$141.6b	11.6x	10.2x	1.4x
Sun, 16 Jul 2023	HK$1.4t	HK$1.1t	HK$140.3b	13.1x	10.2x	1.3x
Tue, 13 Jun 2023	HK$1.4t	HK$1.1t	HK$141.0b	13.2x	10.3x	1.4x


HK Market	-0.88%
Telecom	1.65%
Wireless Telecom	-3.19%
Wireless Telecom Services	-3.19%

Company	Last Price	7D	1Y	Valuation
315 SmarTone Telecommunications Holdings	HK$5.01	5.5% +HK$286.2m	14.1%	PE11x
215 Hutchison Telecommunications Hong Kong Holdings	HK$1.14	0.9% +HK$48.2m	14.0%	PE305.2x
3773 Yinsheng Digifavor	HK$2.62	2.7% +HK$29.1m	74.7%	PE32.8x
8337 Directel Holdings	HK$0.10	3.0% +HK$734.6k	-21.5%	PS0.5x

Announcement • Jun 05

Beijing Xunzhong Communication Technology Co., Ltd. Receives Notice of Response to Action, Summons, and Notice of Adducing Evidence in Civil Litigation

The Company has received the Notice of Response to Action, Summons, and Notice of Adducing Evidence in Civil Litigation (Case No.: (2026) Lu 02 Min Chu No. 518) ((2026) 02 518) dated 25 May 2026, and relevant litigation materials served by the Qingdao Intermediate People ' s Court of Shandong Province (the "Court") on 1 June 2026. The basic information about the litigation is as follows: Parties in the litigation: Plaintiff: Qingdao Guoshi Data Service Co., Ltd. ("Qingdao Guoshi" or the "Plaintiff"); and Defendant: Beijing Xunzhong Communication Technology Co., Ltd. (the "Company" or the "Defendant"). Background of the case: In December 2025, Qingdao Guoshi and the Company jointly entered into a Computing Power Service Agreement (the " Service Agreement "), pursuant to which the Company agreed to provide Qingdao Guoshi with 256 high-performance intelligent computing node servers, forming a computing power cluster service together with the necessary system software, hardware and technical support. The service term under the agreement is 36 months, to be implemented in three phases, each phase having a service period of 12 months. The total contract amount (inclusive of tax) for the first 12-month phase is RMB181,248,000, and the computing power resource services are scheduled to commence no later than 30 January 2026. After entering the service agreement, on 21 January 2026, the United States House Committee on Foreign Affairs passed amendments to the AI Overwatch Act, which stipulates that the United States would restrict and prohibit the export of Nvidia chips to certain countries including China. As a result, market prices surged significantly and imports were blocked, rendering the Company's upstream suppliers unable to perform their contractual obligations. Such has in turn prevented the Company from fulfilling its contractual obligations to Qingdao Guoshi. Consequently, the Company failed to commence the services by 30 January 2026 as agreed, and Qingdao Guoshi had not made any payment to the Company under the Service Agreement. Upon ascertaining the inability to perform the contractual obligations under the Service Agreement, the Company issued a termination notice to Qingdao Guoshi on 26 January 2026. Qingdao Guoshi did not accept such termination, and commenced legal proceedings on 28 April 2026 against the Company in Qingdao, Shandong Province, requesting the termination of the agreement and the payment by the Company of liquidated damages in the amount of RMB 181,248,000. Upon accepting the case, the Court has frozen assets of the Company in the amount of RMB 40 million pursuant to pre-litigation preservation procedures. The first hearing date is scheduled on 17 June 2026. Claims: The Plaintiff requested the Court to: Order the termination of the Service Agreement numbered GSSJ-25CG-056 entered into between the Plaintiff and the Defendant; Order the Defendant to pay liquidated damages of RMB181,248,000 to the Plaintiff; and Defendant shall bear the cost of the lawsuit. The Plaintiff filed a pre-litigation property preservation application to the Court, petitioning for the seizure and freezing of the Company's bank accounts in the amounts totaling RMB40 million or other properties of equivalent value. The litigation has not caused an adverse impact on the Company's operations and financial position for the time being, and the Company currently continues to conduct business as usual. The case is currently pending a court hearing and no judgment has been made yet. The Company has engaged professional lawyers to actively respond to the lawsuit to safeguard the legitimate rights and interests of the Company and its shareholders in accordance with the relevant laws and to avoid losses. At the same time, as this case did not involve actual fund transactions and there is no clear evidence to prove the plaintiff 's losses, the Company will also simultaneously file an appeal against the sealing and freezing of the Company's assets in the absence of a clear judgment on the case.

Hong Kong (HSI) Wireless Telecom Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Beijing Xunzhong Communication Technology Co., Ltd. Receives Notice of Response to Action, Summons, and Notice of Adducing Evidence in Civil Litigation

941: 2025 Dividend Policy Will Support Future Upside Repricing Potential

Investor sentiment improves as stock rises 16%

Upcoming dividend of HK$0.052 per share

New minor risk - Share price stability

First half 2026 earnings released: EPS: HK$0.25 (vs HK$0.23 in 1H 2025)