Best Hong Kong Stocks: October 2026

#1 this edition
100
StockRank
1184.HKS.A.S. Dragon Holdings Limited
Full HouseHK · Technology · $648.4M

Value 94: cheap on sales and cheap on P/E; P/FCF excluded. Momentum 90: above its moving averages and outperforming the market over 6 months. Quality 61: high return on equity and ROIC in the top 10% of its sector.

October 2026 edition · data as of ·5 new, 5 out, biggest climb 1258.HK since September·Next edition forms ·How we score stocks·How past rankings did·All Hong Kong stocks, refreshed daily

Top 25 Hong Kong Stocks by StockRank

What changed since September: 5 new, 5 out
#StockYieldP/EScoreQVMStyle · Activity
1Yield 9.8%P/E 4.6
100
Score
61
Q
94
V
90
M
Full House
2

Value 84: cheap on EV/EBITDA and a high yield. Quality 73: low debt and interest well covered. Momentum 71: estimates revised up and above its moving averages.

Yield 6.1%P/E 9.4
100
Score
73
Q
84
V
71
M
Full HouseDeep dive →
3

Quality 89: high gross profitability and strong free cash flow. Momentum 75: estimates revised up and outperforming the market over 6 months. Value 62: cheap on EV/EBITDA.

Yield 2.6%P/E 13.9
100
Score
89
Q
62
V
75
M
Full House
4

Quality 87: ROIC in the top 5% of its sector and strong free cash flow. Momentum 74: near its 52-week high and estimates revised up. Value 65: a high yield and cheap on P/E.

Yield 6.6%P/E 9.9
100
Score
87
Q
65
V
74
M
Full HouseDeep dive →
5

Value 89: cheap on EV/EBITDA and cheap on sales. Quality 79: F-Score 9/9 and low debt. Momentum 58: outperforming the market over 6 months but estimates cut.

Yield 11.8%P/E 5.8
100
Score
79
Q
89
V
58
M
Full HouseBuyback
6

Quality 82: F-Score 8/9 and low debt. Momentum 71: estimates revised up and outperforming the market over 6 months. Value 70: cheap on EV/EBITDA and cheap on sales.

Yield 5.9%P/E 11.4
99
Score
82
Q
70
V
71
M
Full HouseBuyback
7

Quality 84: high gross profitability and ROIC in the top 5% of its sector. Value 73: a high yield and cheap on P/E. Momentum 66: estimates revised up and outperforming the market over 6 months.

Yield 6.9%P/E 9.2
99
Score
84
Q
73
V
66
M
Full House
8

Value 81: cheap on P/E and a high yield. Momentum 77: estimates revised up and quarterly earnings growing. Quality 64: a liquid balance sheet and high return on equity.

Yield 8.3%P/E 5.2
99
Score
64
Q
81
V
77
M
Full House
9

Momentum 85: outperforming the market over 6 months and above its moving averages. Quality 78: high gross profitability and ROIC in the top 5% of its sector. Value 58: cheap on P/E but expensive on free cash flow.

Yield 3.9%P/E 8.4
99
Score
78
Q
58
V
85
M
Full House
10

Value 84: a high yield and cheap on P/E. Momentum 80: near its 52-week high and estimates revised up. Quality 58: high return on equity but a tight balance sheet.

Yield 6.5%P/E 6.8
99
Score
58
Q
84
V
80
M
Full House
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11

Quality 85: strong free cash flow and ROIC in the top 5% of its sector. Value 72: a high yield and cheap on EV/EBITDA. Momentum 65: estimates revised up and outperforming the market over 6 months.

Yield 7.6%P/E 10.3
99
Score
85
Q
72
V
65
M
Full HouseBuyback
12

Quality 87: wide operating margins and strong free cash flow. Value 84: a high yield and cheap on EV/EBITDA. Momentum 49: estimates cut.

Yield 5.9%P/E 9.1
99
Score
87
Q
84
V
49
M
Unloved QualityBuyback
13

Value 94: a high yield and cheap on EV/EBITDA. Quality 74: interest well covered and wide operating margins. Momentum 54: near its 52-week high but estimates cut.

Yield 17.5%P/E 5.5
99
Score
74
Q
94
V
54
M
Full House
14

Momentum 95: estimates revised up and outperforming the market over 6 months. Value 83: cheap on sales and cheap on EV/EBITDA. Quality 42: F-Score 7/9 but a tight balance sheet.

Yield 0.5%P/E 18.6
99
Score
42
Q
83
V
95
M
Second Wind
15

Momentum 94: near its 52-week high and quarterly earnings growing. Value 71: a high yield and cheap on EV/EBITDA. Quality 56: high gross profitability but a tight balance sheet.

Yield 5.8%P/E 12.6
99
Score
56
Q
71
V
94
M
Full House
16

Quality 90: strong free cash flow and ROIC in the top 5% of its sector. Momentum 78: estimates revised up and above its moving averages. Value 51: a high yield but far above book value.

Yield 6.6%P/E 13.1
99
Score
90
Q
51
V
78
M
Full House
17

Momentum 82: near its 52-week high and outperforming the market over 6 months. Quality 71: high gross profitability and strong free cash flow. Value 67: cheap on free cash flow.

Yield 3.1%P/E 15.1
99
Score
71
Q
67
V
82
M
Full HouseBuyback
18

Quality 86: strong free cash flow and high gross profitability. Value 70: a high yield and cheap on free cash flow. Momentum 63: outperforming the market over 6 months and quarterly earnings growing.

Yield 8.7%P/E 11.2
99
Score
86
Q
70
V
63
M
Full HouseBuyback
19

Quality 81: high gross profitability and strong free cash flow. Momentum 71: estimates revised up and quarterly earnings growing. Value 64: cheap on EV/EBITDA and cheap on free cash flow.

Yield —P/E 13.2
99
Score
81
Q
64
V
71
M
Full House
20

Value 83: cheap on EV/EBITDA and cheap on P/E. Quality 71: a liquid balance sheet and low debt. Momentum 63: near its 52-week high and outperforming the market over 6 months.

Yield 8.7%P/E 5.9
99
Score
71
Q
83
V
63
M
Full House
21

Value 86: a high yield and cheap on EV/EBITDA. Quality 72: low debt and strong free cash flow. Momentum 57: near its 52-week high but quarterly earnings shrinking.

Yield 13.5%P/E 6.3
99
Score
72
Q
86
V
57
M
Full HouseDeep dive →
22

Quality 83: F-Score 4/4 and high gross profitability. Value 76: cheap on EV/EBITDA and cheap on P/E. Momentum 56: outperforming the market over 6 months but well off its 52-week high.

Yield 4.6%P/E 7.3
99
Score
83
Q
76
V
56
M
Full HouseBuyback
23

Momentum 76: above its moving averages and outperforming the market over 6 months. Value 71: a high yield and cheap on P/E. Quality 68: wide operating margins and interest well covered.

Yield 9.4%P/E 8.0
99
Score
68
Q
71
V
76
M
Full House
24

Quality 81: high gross profitability and a liquid balance sheet. Value 71: cheap on EV/EBITDA and cheap on P/E. Momentum 63: above its moving averages and outperforming the market over 6 months.

Yield 4.9%P/E 8.3
99
Score
81
Q
71
V
63
M
Full HouseDir. buyDeep dive →
25

Value 96: below book value and a high yield. Momentum 63: broadly strong. Quality 55: strong free cash flow but low gross profitability.

Yield 8.9%P/E 5.0
98
Score
55
Q
96
V
63
M
Full House

Ranked by StockRank (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.

Director buying reported in the 90 days to : Natural Food International Holding Limited 1837.HK

Active share buybacks in the 180 days to : Ever Sunshine Services Group Limited 1995.HK, Greentown Service Group Co. Ltd. 2869.HK, Bosideng International Holdings Limited 3998.HK, Consun Pharmaceutical Group Limited 1681.HK, Chervon Holdings Limited 2285.HK, Xiamen Yan Palace Bird's Nest Industry Co., Ltd. 1497.HK and 1 more

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How Hong Kong scores

Where the top 25 come from, and how the whole Hong Kong market sits against the global universe. StockRank is a global percentile, so the universe splits evenly into five bands by construction; a market that piles up on the right is scoring well as a whole.

Top 25 by sector

  • Industrials6
  • Consumer Cyclical5
  • Consumer Defensive5
  • Basic Materials2
  • Healthcare2
  • Real Estate2
  • Other3

Share of Hong Kong stocks by StockRank band

  • 0-1922% / 20%
  • 20-3920% / 20%
  • 40-5918% / 20%
  • 60-7917% / 20%
  • 80-10024% / 20%

Hong Kongall markets

Reading the Hong Kong Discount

Hong Kong is the cheapest major market MoatMap covers: a venue where world-scale franchises routinely trade at single-digit earnings multiples because the listing carries a China discount. That discount is indiscriminate, which is exactly what a factor screen exploits. MoatMap scores every HKEX name it covers to find the businesses whose fundamentals don't deserve it.

MoatMap scored 1,585 Hong Kong stocks on 2026-10-01; 971 cleared the $250M market-cap floor this list applies. The market's average StockRank is 50. Consumer Cyclical is the most represented sector in the top 10 (3 names).

HKEX pricing reflects geopolitics as much as fundamentals. Sanctions risk, delisting fears and mainland-property contagion pushed the market to valuation levels rarely seen outside crises, and the discount is applied broadly, to state-owned dividend payers and founder-led exporters alike. Broad discounts are inefficient by definition: the screen's job is separating the structurally impaired from the merely unpopular.

Two persistent pockets stand out. High-yield SOEs (energy, telecoms, banks) pay 6-9% dividends at low payout ratios, priced as if the dividends will stop, which they have not. And the Southbound flow from mainland investors via Stock Connect has become a structural buyer of exactly these names, providing a bid the market narrative ignores.

Disclosure is a genuine strength here: HKEX's director-dealing and buyback reporting is among the most granular anywhere, and Hong Kong companies have been repurchasing shares at record levels. When a name on the list below also shows recent buybacks or director buying (flagged beneath the table), the signal is unusually well-documented.

Related reading: Best Hong Kong Stocks 2026: the full HKEX thesis →

Frequently Asked Questions

What are the top-ranked Hong Kong stocks right now?
The table above ranks MoatMap's top 25 HKEX-listed stocks by StockRank, a composite of Quality, Value and Momentum percentiles. It refreshes monthly with a stated data date; each ticker links to a full breakdown including the company's HKEX filing history.
Why are Hong Kong stocks so cheap?
A layered discount: China macro concerns, geopolitical risk, the mainland property overhang, and years of foreign-fund outflows. The key question for any single stock is whether its cash flows are actually exposed to those risks. Many HKEX listings earn globally or pay well-covered dividends, and the indiscriminate part of the discount is where the screen finds its candidates.
Are Hong Kong stocks the same as Chinese stocks?
Overlapping but distinct. HKEX lists mainland companies (H-shares), Hong Kong-domiciled businesses, and global names. Mainland A-shares (Shanghai/Shenzhen) are a separate market with different investors and valuations; MoatMap covers those on the China page. The same company can trade on both, often at a meaningful A/H price gap.
Is the Hong Kong dollar peg a risk to returns?
The HKD has been pegged to the US dollar since 1983, which removes most currency risk for USD-based investors in HKD-quoted names. The more relevant exposure is economic: many listings earn in yuan or globally, so the peg does not insulate revenues. Check where the business actually operates.
How often does this Hong Kong ranking refresh?
A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. For a daily view, use the ranked-stocks screener filtered to Hong Kong.

Best stocks in other markets