Header cover image

Hong Kong (HSI) Market Analysis & Valuation

UpdatedAug 29, 2025
DataAggregated Company Financials
Companies2273
  • 7D-0.9%
  • 3M12.4%
  • 1Y40.7%
  • YTD30.6%

The Information Technology sector gained 8.5% while the market remained flat over the last week. Meanwhile, the market is actually up 41% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Market Valuation and Performance

Has the Hong Kong Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Aug 2025HK$56.7tHK$43.7tHK$3.9t12.3x14.5x1.3x
Sun, 27 Jul 2025HK$55.6tHK$43.6tHK$3.9t12x14.2x1.3x
Tue, 24 Jun 2025HK$52.2tHK$43.5tHK$3.9t11.1x13.5x1.2x
Thu, 22 May 2025HK$50.8tHK$43.2tHK$3.8t11x13.3x1.2x
Sat, 19 Apr 2025HK$46.7tHK$42.5tHK$3.7t10.4x12.5x1.1x
Mon, 17 Mar 2025HK$49.1tHK$43.5tHK$3.6t10.6x13.8x1.1x
Wed, 12 Feb 2025HK$45.2tHK$43.0tHK$3.5t10x12.9x1.1x
Fri, 10 Jan 2025HK$43.0tHK$42.5tHK$3.6t9.8x11.8x1x
Sun, 08 Dec 2024HK$44.1tHK$42.8tHK$3.7t10x12.1x1x
Tue, 05 Nov 2024HK$44.5tHK$43.5tHK$3.7t9.8x12x1x
Thu, 03 Oct 2024HK$45.5tHK$43.8tHK$3.6t10x12.6x1x
Sat, 31 Aug 2024HK$40.4tHK$43.6tHK$3.6t8.8x11.1x0.9x
Mon, 29 Jul 2024HK$39.3tHK$42.7tHK$3.5t9.2x11.3x0.9x
Wed, 26 Jun 2024HK$41.2tHK$42.6tHK$3.5t9.5x11.8x1x
Fri, 24 May 2024HK$42.4tHK$43.2tHK$3.4t9.9x12.4x1x
Sun, 21 Apr 2024HK$39.1tHK$43.2tHK$3.4t9.1x11.4x0.9x
Tue, 19 Mar 2024HK$38.6tHK$43.8tHK$3.5t8.9x11.1x0.9x
Thu, 15 Feb 2024HK$36.4tHK$43.6tHK$3.3t8.6x10.9x0.8x
Sat, 13 Jan 2024HK$37.2tHK$45.6tHK$3.5t9.1x10.7x0.8x
Mon, 11 Dec 2023HK$37.1tHK$45.8tHK$3.5t8.9x10.7x0.8x
Wed, 08 Nov 2023HK$38.6tHK$45.2tHK$3.4t9x11.2x0.9x
Fri, 06 Oct 2023HK$39.4tHK$45.0tHK$3.4t9x11.5x0.9x
Sun, 03 Sep 2023HK$40.2tHK$45.4tHK$3.5t9.3x11.6x0.9x
Tue, 01 Aug 2023HK$43.2tHK$45.9tHK$3.7t9.8x11.8x0.9x
Thu, 29 Jun 2023HK$41.5tHK$45.7tHK$3.6t9.7x11.4x0.9x
Sat, 27 May 2023HK$41.9tHK$46.6tHK$3.7t9.5x11.2x0.9x
Mon, 24 Apr 2023HK$44.3tHK$47.5tHK$3.8t9.9x11.7x0.9x
Wed, 22 Mar 2023HK$42.6tHK$47.5tHK$4.1t8.8x10.4x0.9x
Fri, 17 Feb 2023HK$43.9tHK$47.7tHK$4.3t9x10.3x0.9x
Sun, 15 Jan 2023HK$44.9tHK$48.4tHK$4.3t8.9x10.4x0.9x
Tue, 13 Dec 2022HK$41.7tHK$46.7tHK$4.2t8.9x10x0.9x
Thu, 10 Nov 2022HK$36.0tHK$45.5tHK$4.0t8x8.9x0.8x
Sat, 08 Oct 2022HK$38.0tHK$45.6tHK$4.0t8.4x9.4x0.8x
Mon, 05 Sep 2022HK$41.0tHK$46.7tHK$4.2t9.1x9.9x0.9x
Price to Earnings Ratio

9.9x


Total Market Cap: HK$41.0tTotal Earnings: HK$4.2tTotal Revenue: HK$46.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Market Price to Earnings3Y Average 11.6x202320242025
Current Market PE
  • Investors are optimistic on the Hong Kong market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 14.5x which is higher than its 3-year average PE of 11.6x.
Past Earnings Growth
  • The earnings for companies in the Hong Kong industry have declined 2.1% per year over the last three years.
  • Revenues have also declined 2.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Hong Kong Market?

HK Market-0.88%
Tech8.51%
Materials4.05%
Telecom0.00032%
Energy-1.43%
Utilities-1.48%
Industrials-1.60%
Consumer Discretionary-1.61%
Consumer Staples-1.62%
Real Estate-2.28%
Financials-2.32%
Healthcare-5.30%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 236x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 32.1% which is higher than its past year's earnings decline of 1.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 1.6% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 2.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
2899 Zijin Mining GroupHK$25.5811.8%
+HK$71.5b
61.7%PE15.4xMaterials
9633 Nongfu SpringHK$49.987.6%
+HK$39.8b
76.0%PE38.1xConsumer Staples
883 CNOOCHK$19.514.2%
+HK$37.1b
-9.5%PE6.6xEnergy
981 Semiconductor Manufacturing InternationalHK$60.706.7%
+HK$30.3b
255.4%PE107.8xTech
9660 Horizon RoboticsHK$9.6025.3%
+HK$26.9b
n/aPE55.1xTech
See more

Latest News