SEHK's Top Growth Companies With High Insider Ownership For August 2024

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The Hong Kong market has shown resilience amid global economic uncertainties, with the Hang Seng Index gaining 0.85% recently. As investors navigate these volatile conditions, companies with high insider ownership often signal strong confidence from those closest to the business. In this article, we explore three growth companies listed on the SEHK that not only show promising potential but also have significant insider ownership, aligning interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In Hong Kong

Name

Insider Ownership

Earnings Growth

iDreamSky Technology Holdings (SEHK:1119)

18.8%

104.1%

Pacific Textiles Holdings (SEHK:1382)

11.2%

37.7%

Tian Tu Capital (SEHK:1973)

34%

70.5%

Adicon Holdings (SEHK:9860)

22.4%

28.3%

Ocumension Therapeutics (SEHK:1477)

23.3%

106%

Zylox-Tonbridge Medical Technology (SEHK:2190)

18.7%

79.3%

Zhejiang Leapmotor Technology (SEHK:9863)

15%

74.3%

Biocytogen Pharmaceuticals (Beijing) (SEHK:2315)

13.9%

100.1%

Beijing Airdoc Technology (SEHK:2251)

28.6%

83.9%

DPC Dash (SEHK:1405)

38.2%

91.4%

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

Let's dive into some prime choices out of the screener.

Kuaishou Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Kuaishou Technology, with a market cap of HK$193.29 billion, is an investment holding company offering live streaming, online marketing, and other services in the People's Republic of China.

Operations: The company's revenue segments include Domestic at CN¥114.72 billion and Overseas at CN¥2.94 billion.

Insider Ownership: 19.2%

Earnings Growth Forecast: 22.4% p.a.

Kuaishou Technology, a prominent growth company with significant insider ownership in Hong Kong, has recently made substantial advancements in AI technology. The launch of Kling AI's beta version and subscription program highlights its innovative capabilities and potential for revenue growth. With earnings turning positive this year and forecasts predicting 22.41% annual profit growth, Kuaishou is trading at a considerable discount to its estimated fair value. The company's recent share repurchase program further underscores management's confidence in its future prospects.

SEHK:1024 Earnings and Revenue Growth as at Aug 2024

J&T Global Express

Simply Wall St Growth Rating: ★★★★☆☆

Overview: J&T Global Express Limited (SEHK:1519) is an investment holding company that provides express delivery services, with a market cap of HK$60.28 billion.