Advertisement
Singapore markets closed
  • Straits Times Index

    3,333.92
    -9.43 (-0.28%)
     
  • Nikkei

    39,583.08
    +241.54 (+0.61%)
     
  • Hang Seng

    17,718.61
    +2.14 (+0.01%)
     
  • FTSE 100

    8,210.29
    +30.61 (+0.37%)
     
  • Bitcoin USD

    61,395.25
    +510.82 (+0.84%)
     
  • CMC Crypto 200

    1,279.08
    -4.75 (-0.37%)
     
  • S&P 500

    5,482.87
    +4.97 (+0.09%)
     
  • Dow

    39,164.06
    +36.26 (+0.09%)
     
  • Nasdaq

    17,858.68
    +53.53 (+0.30%)
     
  • Gold

    2,339.40
    +2.80 (+0.12%)
     
  • Crude Oil

    82.58
    +0.84 (+1.03%)
     
  • 10-Yr Bond

    4.2880
    -0.0280 (-0.65%)
     
  • FTSE Bursa Malaysia

    1,590.09
    +5.15 (+0.32%)
     
  • Jakarta Composite Index

    7,063.58
    +95.63 (+1.37%)
     
  • PSE Index

    6,411.91
    +21.33 (+0.33%)
     

High Insider Ownership Growth Companies On SEHK In June 2024

As global markets experience varied trends, the Hong Kong market has shown resilience with the Hang Seng Index posting modest gains amid mixed economic indicators. High insider ownership in growth companies on the SEHK can be a signal of confidence from those closest to the company's operations, potentially making these stocks interesting considerations in current conditions.

Top 10 Growth Companies With High Insider Ownership In Hong Kong

Name

Insider Ownership

Earnings Growth

iDreamSky Technology Holdings (SEHK:1119)

20.1%

104.1%

Fenbi (SEHK:2469)

32.5%

43%

Joy Spreader Group (SEHK:6988)

36.5%

107.6%

Zylox-Tonbridge Medical Technology (SEHK:2190)

18.7%

79.3%

Adicon Holdings (SEHK:9860)

22.3%

29.6%

Tian Tu Capital (SEHK:1973)

33.9%

70.5%

DPC Dash (SEHK:1405)

38.2%

89.7%

Biocytogen Pharmaceuticals (Beijing) (SEHK:2315)

13.9%

100.1%

Zhejiang Leapmotor Technology (SEHK:9863)

15%

76.5%

Beijing Airdoc Technology (SEHK:2251)

28.2%

83.9%

Click here to see the full list of 52 stocks from our Fast Growing SEHK Companies With High Insider Ownership screener.

ADVERTISEMENT

We'll examine a selection from our screener results.

BYD

Simply Wall St Growth Rating: ★★★★☆☆

Overview: BYD Company Limited operates in the automobile and battery sectors across China, Hong Kong, Macau, Taiwan, and internationally, with a market capitalization of approximately HK$745.91 billion.

Operations: The company's revenue is derived primarily from its automobile and battery sectors.

Insider Ownership: 30.1%

BYD, a key player in the electric vehicle sector, has demonstrated robust growth with significant insider ownership. Recent corporate actions include amendments to company bylaws and a consistent dividend payout, indicating stable governance and shareholder value focus. The launch of BYD SHARK in global markets underscores its innovation trajectory. Despite the slower revenue growth forecast compared to some peers, BYD maintains a strong profit outlook with earnings expected to outpace the Hong Kong market average.

SEHK:1211 Ownership Breakdown as at Jun 2024
SEHK:1211 Ownership Breakdown as at Jun 2024

J&T Global Express

Simply Wall St Growth Rating: ★★★★☆☆

Overview: J&T Global Express Limited, an investment holding company, provides express delivery services and has a market capitalization of approximately HK$73.41 billion.

Operations: The company generates revenue primarily from its air freight transportation segment, amounting to approximately HK$8.85 billion.

Insider Ownership: 20.2%

J&T Global Express is poised for substantial growth with earnings forecast to increase significantly at 106.15% annually. The company is expected to turn profitable within three years, outpacing average market projections. Revenue growth at 15.8% annually will also exceed the Hong Kong market rate of 7.9%. Recent executive changes and high-profile board appointments suggest a strategic focus on governance, enhancing its profile as a growth-oriented firm with considerable insider ownership.

SEHK:1519 Ownership Breakdown as at Jun 2024
SEHK:1519 Ownership Breakdown as at Jun 2024

Meituan

Simply Wall St Growth Rating: ★★★★★☆

Overview: Meituan is a technology retail company based in the People's Republic of China, with a market capitalization of approximately HK$718.08 billion.

Operations: The company generates revenue from technology retail operations in China.

Insider Ownership: 11.4%

Meituan has demonstrated robust growth, with a significant increase in sales and net income in the first quarter of 2024. While insider transactions have been balanced, with no substantial buying observed recently, the company's earnings are expected to grow by 31.5% annually, outperforming the Hong Kong market average. This growth is supported by a strong forecast for revenue and Return on Equity (RoE), although it faces challenges from large one-off items impacting financial results.

SEHK:3690 Earnings and Revenue Growth as at Jun 2024
SEHK:3690 Earnings and Revenue Growth as at Jun 2024

Key Takeaways

Ready For A Different Approach?

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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include SEHK:1211 SEHK:1519 and SEHK:3690.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com