High Growth Tech Stocks in Hong Kong Featuring Vobile Group and Two More

Oct 28, 2024
high-growth-tech-stocks-in-hong-kong-featuring-vobile-group-and-two-more

As the Hong Kong market navigates a landscape influenced by global economic shifts, including rising U.S. Treasury yields and China’s recent stimulus measures, investors are keenly observing the tech sector for potential high-growth opportunities. In this environment, identifying promising stocks often involves looking at companies with innovative technologies and robust growth strategies that can capitalize on both local and international market trends.

Name

Revenue Growth

Earnings Growth

Growth Rating

MedSci Healthcare Holdings

48.74%

48.78%

★★★★★☆

Inspur Digital Enterprise Technology

23.28%

38.76%

★★★★★☆

Innovent Biologics

21.96%

59.01%

★★★★★☆

RemeGen

26.23%

52.03%

★★★★★☆

Cowell e Holdings

31.68%

35.44%

★★★★★★

Akeso

33.50%

53.28%

★★★★★★

Qingci Games

54.54%

168.74%

★★★★★☆

Biocytogen Pharmaceuticals (Beijing)

21.53%

109.17%

★★★★★☆

Beijing Airdoc Technology

37.47%

93.35%

★★★★★☆

Sichuan Kelun-Biotech Biopharmaceutical

24.61%

7.62%

★★★★★☆

Click here to see the full list of 43 stocks from our SEHK High Growth Tech and AI Stocks screener.

We’ll examine a selection from our screener results.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Vobile Group Limited is an investment holding company offering software as a service for digital content asset protection and transaction across the United States, Japan, Mainland China, and other international markets, with a market cap of approximately HK$6.58 billion.

Operations: The company generates revenue primarily through its SaaS offerings, amounting to HK$2.18 billion.

Vobile Group, navigating the competitive tech landscape in Hong Kong, has shown a promising trajectory with its recent revenue growth outpacing the local market at 21.4% annually. Despite a challenging year with earnings down by 90.5%, the company’s aggressive R&D investment strategy underscores its commitment to innovation, crucial for sustaining long-term growth in software and AI sectors. Moreover, Vobile has initiated a share repurchase program which could enhance shareholder value by potentially increasing net asset per share and earnings per share. This move reflects management’s confidence in the company’s financial health and strategic direction despite current volatility in earnings and a highly fluctuating share price over the past three months.

SEHK:3738 Revenue and Expenses Breakdown as at Oct 2024

SEHK:3738 Revenue and Expenses Breakdown as at Oct 2024

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. is a biopharmaceutical company focused on the research, development, manufacturing, and commercialization of novel drugs to address unmet medical needs both in China and internationally, with a market cap of approximately HK$43.99 billion.

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