More
    HomeAsian technologyHigh Growth Tech Stocks in Asia to Watch for Promising Growth

    High Growth Tech Stocks in Asia to Watch for Promising Growth

    Published on

    As global markets face challenges such as trade policy uncertainties and inflation concerns, Asian tech stocks have been drawing attention for their potential to navigate these turbulent waters. In this environment, identifying promising high-growth tech stocks involves looking at companies with strong innovation capabilities and adaptability to shifting economic conditions.

    Name

    Revenue Growth

    Earnings Growth

    Growth Rating

    Zhongji Innolight

    29.20%

    29.62%

    ★★★★★★

    Seojin SystemLtd

    35.41%

    39.86%

    ★★★★★★

    eWeLLLtd

    24.65%

    25.30%

    ★★★★★★

    PharmaResearch

    23.41%

    26.41%

    ★★★★★★

    Bioneer

    26.13%

    104.84%

    ★★★★★★

    Ascentage Pharma Group International

    23.29%

    60.86%

    ★★★★★★

    Mental Health TechnologiesLtd

    21.91%

    92.81%

    ★★★★★★

    JNTC

    24.99%

    104.40%

    ★★★★★★

    Dmall

    29.53%

    88.37%

    ★★★★★★

    Delton Technology (Guangzhou)

    20.25%

    29.52%

    ★★★★★★

    Click here to see the full list of 520 stocks from our Asian High Growth Tech and AI Stocks screener.

    Below we spotlight a couple of our favorites from our exclusive screener.

    Simply Wall St Growth Rating: ★★★★★☆

    Overview: Everest Medicines Limited is a biopharmaceutical company focused on the discovery, license-in, development, and commercialization of therapies and vaccines for critical unmet medical needs in Greater China and other Asia Pacific markets, with a market cap of approximately HK$19.53 billion.

    Operations: Everest Medicines Limited generates revenue primarily from its pharmaceuticals segment, amounting to CN¥418.55 million. The company is engaged in the discovery, license-in, development, and commercialization of therapies and vaccines targeting critical unmet medical needs across Greater China and other Asia Pacific regions.

    Everest Medicines has demonstrated a robust entry into the high-growth tech sector in Asia, particularly with its innovative ulcerative colitis treatment, VELSIPITY®. The drug’s recent approval across multiple regions including Macau and Singapore underscores its potential, bolstered by strong Phase III trial results showing significant mucosal healing rates. With a revenue growth forecast at 33.4% annually and earnings expected to surge by 90.77% per year, Everest is positioning itself as a formidable player in addressing the escalating demand for advanced therapeutic solutions in Asia’s biotech landscape. This strategic expansion is further evidenced by its proactive engagements such as the recent special calls discussing mRNA vaccine developments and consistent regulatory successes that enhance its market presence and patient reach in crucial areas like China’s Greater Bay Area.

    Source link

    Latest articles

    China preparing for a protracted trade war with U.S.

    China preparing for a protracted trade war with U.S. - CBS News ...

    Streaming platforms boost Asian presence, local films left out in cold: film industry

    The film industry has indicated that streaming platforms have accelerated their subscriber acquisition efforts...

    All Asian cast brings Shakespeare’s ‘Twelfth Night’ to TheatreSquared

    Fans of Shakespeare know the story by heart. Separated by a shipwreck, Viola and...

    More like this

    Stocks Bounce Back as Powell Says Economy Is Fine: Markets Wrap

    (Bloomberg) -- A roller-coaster week for markets ended on that...

    High Growth Tech in Asia Featuring 3 Prominent Stocks

    Amidst the backdrop of global economic uncertainties and regulatory challenges,...