| 1 |
Hansoh Pharmaceutical Group Co Ltd
3692 · Hongkong
|
$25B |
94/100
Exzellent
|
53/100 |
26.3%low 11.4% |
10 yr+ |
Net cash |
91% |
Hansoh Pharmaceutical: One Molecule, One Royalty Book, and a Price That Already Pays for Both17. August 2026 · Hold |
FY2025 |
| 2 |
NetEase Inc
9999 · Hongkong
|
$85B |
92/100
Exzellent
|
— |
22.0%low 13.6% |
10 yr+ |
Net cash |
57% |
— |
FY2025 |
| 3 |
ANTA Sports Products Ltd
2020 · Hongkong
|
$28B |
92/100
Exzellent
|
55/100 |
23.7%low 19.9% |
10 yr+ |
Net cash |
57% |
ANTA Sports: Other Brands Grew 59.2% While the Core Brand Managed 3.7%, and at HKD 74.50 the Shares Already Sit Above the HKD 68 Conservative Sum-of-the-Parts7. August 2026 · Hold |
FY2025 |
| 4 |
Midea Group Co., Ltd.
0300 · Hongkong
|
$97B |
88/100
Exzellent
|
— |
22.1%low 17.8% |
10 yr+ |
Net cash |
26% |
— |
FY2025 |
| 5 |
Techtronic Industries Co Ltd
0669 · Hongkong
|
$31B |
85/100
Exzellent
|
43/100 |
18.7%low 17.0% |
10 yr+ |
0.0× |
39% |
Techtronic Industries: MILWAUKEE Compounds Near 10% While RYOBI Barely Grows, and HK$142.40 Offers No Conservative Margin of Safety15. August 2026 · Hold |
FY2025 |
| 6 |
Hong Kong Exchange and Clearing Ltd
0388 · Hongkong
|
$66B |
84/100
Exzellent
|
— |
22.9%low 17.9% |
10 yr+ |
Net cash |
78% |
— |
FY2025 |
| 7 |
Tencent Holdings Ltd
0700 · Hongkong
|
$548B |
82/100
Exzellent
|
53/100 |
21.1%low 13.2% |
10 yr+ |
Net cash |
48% |
Tencent Holdings: A 12.8% Re-Rating on an Unconfirmed WeChat Agent, While Q1 Disclosed RMB8.8 Billion of AI Drag9. August 2026 · Hold |
FY2025 |
| 8 |
Haier Smart Home Co Ltd
6690 · Hongkong
|
$27B |
81/100
Exzellent
|
— |
18.0%low 13.3% |
10 yr+ |
0.1× |
30% |
— |
FY2025 |
| 9 |
Sino Biopharmaceutical Ltd
1177 · Hongkong
|
$11B |
79/100
Stark
|
— |
19.1%low 7.6% |
10 yr+ |
Net cash |
80% |
— |
FY2025 |
| 10 |
Shenzhou International Group Holdings Ltd
2313 · Hongkong
|
$8.6B |
78/100
Stark
|
44/100 |
17.2%low 12.1% |
10 yr+ |
Net cash |
28% |
Shenzhou International: 22.6% H1 Gross Margin and 75.9% Customer Concentration Leave No Conservative Margin of Safety at HK$36.581. September 2026 · Hold |
FY2025 |
| 11 |
Tingyi
0322 · Hongkong
|
$8.6B |
77/100
Stark
|
33/100 |
18.3%low 6.8% |
10 yr+ |
0.1× |
31% |
Tingyi: A Mature Cash Cow Whose Profit Growth Comes From Margin, Not Sales25. August 2026 · Hold |
FY2025 |
| 12 |
Hengan Intl Group Ltd-H
1044 · Hongkong
|
$3.6B |
77/100
Stark
|
— |
18.0%low 9.9% |
10 yr+ |
0.0× |
38% |
— |
FY2025 |
| 13 |
Zhejiang Sanhua Intel Controls Co Ltd
2050 · Hongkong
|
$17B |
75/100
Stark
|
— |
16.5%low 14.2% |
10 yr+ |
Net cash |
28% |
— |
FY2025 |
| 14 |
Li Ning Co Ltd
2331 · Hongkong
|
$4.9B |
75/100
Stark
|
43/100 |
15.0%low 10.2% |
10 yr+ |
Net cash |
49% |
Li Ning Company: 11 Times Trailing Earnings and Almost RMB20 Billion of Net Cash, Against a Q2 2026 Sell-Through Reversal8. August 2026 · Hold |
FY2025 |
| 15 |
China Shenhua Energy Co Ltd H
1088 · Hongkong
|
$121B |
68/100
Stark
|
— |
13.1%low 7.3% |
10 yr+ |
Net cash |
38% |
— |
FY2025 |
| 16 |
Chow Tai Fook Jewellery Group Ltd
1929 · Hongkong
|
$16B |
68/100
Stark
|
41/100 |
18.2%low 9.6% |
10 yr+ |
0.7× |
27% |
Chow Tai Fook Jewellery Group: A Scale Leader in Transition, Priced Around Fair Value25. Juni 2026 · Hold |
FY2026 |
| 17 |
Sunny Optical Technology Group Co Ltd
2382 · Hongkong
|
$7.7B |
68/100
Stark
|
47/100 |
22.0%low 4.9% |
10 yr+ |
Net cash |
20% |
Sunny Optical: Other Products Supply a Third of Gross Profit on 18.4% of Revenue, but Handset Margin at 12.3% Leaves No Safety Margin at HKD 62.6027. August 2026 · Watch |
FY2025 |
| 18 |
ENN Energy Holdings Ltd
2688 · Hongkong
|
$6.7B |
68/100
Stark
|
39/100 |
16.5%low 12.3% |
10 yr+ |
0.2× |
15% |
ENN Energy: A Lapsed HK$80 Buyout Left 7.1x Core Earnings and a 6.1% Yield, but Every Ancillary Segment Shrank in H1 and HK$49.48 Sits Above the HK$40 Ideal-Buy Ceiling16. September 2026 · Cautious Buy |
FY2025 |
| 19 |
WH Group Ltd
0288 · Hongkong
|
$14B |
65/100
Stark
|
— |
13.1%low 6.4% |
10 yr+ |
0.0× |
19% |
— |
FY2025 |
| 20 |
Geely Automobile Holdings Ltd
0175 · Hongkong
|
$27B |
64/100
Mittel
|
— |
16.2%low 6.6% |
10 yr+ |
Net cash |
17% |
— |
FY2025 |
| 21 |
BYD Electronic International Co Ltd
0285 · Hongkong
|
$6.8B |
64/100
Mittel
|
— |
13.0%low 7.2% |
10 yr+ |
Net cash |
8% |
— |
FY2025 |
| 22 |
Contemporary Amperex Technology Co., Limite
3750 · Hongkong
|
$380B |
62/100
Mittel
|
59/100 |
16.7%low 8.7% |
10 yr+ |
Net cash |
29% |
CATL: Eine Tiefenanalyse im Zen Horizon Framework4. Juni 2026 · Vorsichtiger Kauf |
FY2025 |
| 23 |
WuXi AppTec Co Ltd H
2359 · Hongkong
|
$61B |
62/100
Mittel
|
51/100 |
15.9%low 9.1% |
10 yr+ |
Net cash |
40% |
WuXi AppTec Co., Ltd.: Chemistry Resets the Earnings Base, the U.S. Question Stays Open, and HK$199.10 Leaves No Conservative Discount12. August 2026 · Hold |
FY2025 |
| 24 |
Montage Technology Co Ltd
6809 · Hongkong
|
$63B |
60/100
Mittel
|
— |
14.3%low 4.4% |
10 yr+ |
Net cash |
59% |
— |
FY2025 |
| 25 |
China Hongqiao Group Ltd
1378 · Hongkong
|
$31B |
60/100
Mittel
|
— |
13.9%low 9.0% |
10 yr+ |
0.1× |
21% |
— |
FY2025 |
| 26 |
Zto Express Cayman Inc
2057 · Hongkong
|
$19B |
60/100
Mittel
|
— |
12.6%low 8.8% |
10 yr+ |
Net cash |
29% |
— |
FY2025 |
| 27 |
Zijin Mining Group Co Ltd-H
2899 · Hongkong
|
$113B |
56/100
Mittel
|
— |
16.2%low 6.6% |
10 yr+ |
0.5× |
16% |
— |
FY2025 |
| 28 |
WuXi Biologics
2269 · Hongkong
|
$20B |
56/100
Mittel
|
52/100 |
13.2%low 6.3% |
10 yr+ |
Net cash |
43% |
WuXi Biologics Deep Dive: A Biologics CRDMO Where Manufacturing Delivery Runs Ahead While Valuation Is Held Back by a Geopolitical Discount12. Juni 2026 · Hold |
FY2025 |
| 29 |
OmniVision Integrated Circuits Group, Inc.
0501 · Hongkong
|
$14B |
55/100
Mittel
|
— |
12.6%low 2.6% |
10 yr+ |
Net cash |
26% |
— |
FY2025 |
| 30 |
GIGADEVICE
3986 · Hongkong
|
$66B |
54/100
Mittel
|
— |
12.5%low 1.1% |
10 yr+ |
Net cash |
36% |
— |
FY2025 |
| 31 |
CNOOC Ltd
0883 · Hongkong
|
$145B |
52/100
Mittel
|
— |
12.9%low 0.2% |
10 yr+ |
Net cash |
71% |
— |
FY2025 |
| 32 |
Tencent Music Entertainment Group
1698 · Hongkong
|
$16B |
49/100
Eher schwach
|
— |
7.3%low 0.4% |
10 yr+ |
Net cash |
36% |
— |
FY2025 |
| 33 |
WuXi XDC Cayman Inc
2268 · Hongkong
|
$8.8B |
48/100
Eher schwach
|
48/100 |
17.4%low 5.2% |
10 yr+ |
Net cash |
30% |
WuXi XDC: Skalierung des ADC-Fertigungsnetzwerks17. Juni 2026 · Halten |
FY2025 |
| 34 |
CLP Holdings
0002 · Hongkong
|
$25B |
45/100
Eher schwach
|
— |
8.8%low 1.0% |
10 yr+ |
0.6× |
28% |
— |
FY2025 |
| 35 |
CMOC Group Ltd
3993 · Hongkong
|
$47B |
44/100
Eher schwach
|
— |
11.6%low 4.6% |
10 yr+ |
Net cash |
19% |
— |
FY2025 |
| 36 |
CGN Mining Co Ltd
1164 · Hongkong
|
$3.4B |
39/100
Eher schwach
|
— |
10.1%low 2.9% |
10 yr+ |
0.5× |
12% |
— |
FY2025 |
| 37 |
China Resources Power Holding
0836 · Hongkong
|
$13B |
36/100
Eher schwach
|
— |
8.9%low 2.4% |
10 yr+ |
1.9× |
33% |
— |
FY2025 |