High Growth Tech Stocks to Watch in China This September 2024

As global markets react to the recent Federal Reserve rate cut, Chinese equities have shown resilience, with key indices like the Shanghai Composite and CSI 300 posting gains despite mixed economic data. This environment of cautious optimism presents an opportune moment to explore high-growth tech stocks in China, particularly those that demonstrate strong fundamentals and potential for innovation amidst evolving market conditions.

Top 10 High Growth Tech Companies In China

Name	Revenue Growth	Earnings Growth	Growth Rating
Xi'an NovaStar Tech	27.95%	31.01%	★★★★★★
Zhejiang Meorient Commerce Exhibition	26.41%	32.59%	★★★★★★
Suzhou TFC Optical Communication	32.61%	31.67%	★★★★★★
Zhongji Innolight	32.37%	31.70%	★★★★★★
Range Intelligent Computing Technology Group	23.53%	29.96%	★★★★★★
Shanghai BOCHU Electronic Technology	27.74%	28.58%	★★★★★★
T&S CommunicationsLtd	34.68%	39.62%	★★★★★★
Eoptolink Technology	43.76%	42.52%	★★★★★★
Bio-Thera Solutions	26.85%	117.16%	★★★★★★
Huayi Brothers Media	40.13%	103.97%	★★★★★★

Click here to see the full list of 262 stocks from our Chinese High Growth Tech and AI Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Accelink Technologies CoLtd (SZSE:002281)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Accelink Technologies Co., Ltd. engages in the research, development, manufacturing, sales, and technical services of optoelectronic chips, devices, modules, and subsystem products primarily in China with a market cap of CN¥23.16 billion.

Operations: Accelink Technologies Co., Ltd. focuses on the communication equipment manufacturing sector, generating CN¥6.35 billion in revenue from this segment. The company operates primarily within China, offering a range of optoelectronic products and services.

Accelink Technologies CoLtd, recently added to the FTSE All-World Index, showcases robust growth prospects with a forecasted revenue increase of 24.4% per year, outpacing the Chinese market's 13% average. Despite a slight dip in net income from CNY 238.89 million to CNY 208.7 million in the first half of 2024, the company's commitment to innovation is evident in its R&D investments and active participation in global tech conferences like CIOE and ECOC. With earnings expected to surge by 28.6% annually over the next three years—surpassing broader market growth—Accelink is positioning itself as a dynamic contender within China's high-tech landscape, driven by strategic expansions and deepening industry engagements.

• Click to explore a detailed breakdown of our findings in Accelink Technologies CoLtd's health report.

• Explore historical data to track Accelink Technologies CoLtd's performance over time in our Past section.

Wanda Film Holding (SZSE:002739)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Wanda Film Holding Co., Ltd. engages in the investment, construction, and operation of movie theaters in China, Australia, and New Zealand with a market cap of CN¥22.99 billion.

Operations: Wanda Film Holding Co., Ltd. generates revenue primarily from the operation of movie theaters across China, Australia, and New Zealand. The company focuses on investment and construction activities to expand its theater network.

Wanda Film Holding, navigating a challenging landscape with its recent half-year sales dropping to CNY 5.1 billion from CNY 5.76 billion, still shows potential with an expected revenue growth of 13.1% annually. Despite a substantial dip in net income to CNY 113.39 million, the company's aggressive pursuit of innovation through R&D is set to bolster its market position, as earnings are projected to soar by an impressive 46.8% annually over the next three years. This focus on research and development not only underscores Wanda's commitment to evolving within China's tech scene but also positions it favorably against a backdrop of slower industry growth rates.

• Click here and access our complete health analysis report to understand the dynamics of Wanda Film Holding.

• Assess Wanda Film Holding's past performance with our detailed historical performance reports.

Sangfor Technologies (SZSE:300454)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sangfor Technologies Inc. offers IT infrastructure solutions both in China and internationally, with a market cap of CN¥20.30 billion.

Operations: Sangfor Technologies Inc. focuses on providing IT infrastructure solutions globally. The company generates revenue through its diverse product offerings, including network security, cloud computing, and IT services.

Sangfor Technologies, amidst a challenging financial backdrop with recent half-year sales at CNY 2.71 billion down from CNY 2.93 billion, still presents a dynamic growth outlook. The company's R&D commitment is robust, allocating significant resources despite a net loss widening to CNY 591.95 million from CNY 553.51 million year-over-year. This focus on innovation is crucial as Sangfor aims to outpace the average market growth in China, with revenue expected to increase by 14.4% annually and earnings projected to surge by an impressive 31.5% per year, showcasing its potential resilience and adaptability in the high-tech sector.

• Delve into the full analysis health report here for a deeper understanding of Sangfor Technologies.

• Gain insights into Sangfor Technologies' past trends and performance with our Past report.

Taking Advantage

• Delve into our full catalog of 262 Chinese High Growth Tech and AI Stocks here.
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Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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