HSCEI Index Earning Revision (Oct): CHINA LIFE, PING AN, TENCENT, JD, KUAISHOU, AKESO, XPENG

Abstract: We analyzed the earnings revision of HSCEI's component stocks over the past month, where the index's 2026E EPS fell 0.88% month on month to HK$790.0, from HK$797.0, as the index itself declined 5.5% to 7,766. Individual stock EPS revisions attributed -HK$3.18 to the index's EPS change, with 23 stocks revised up and 20 revised down. The largest negative impacts on index EPS came from CHINA LIFE (2628 HK), -HK$1.97, and PING AN (2318 HK), -HK$1.92, followed by TENCENT (700 HK), -HK$0.72, JD (9618 HK), -HK$0.63, and KUAISHOU (1024 HK), -HK$0.46. On EPS revisions, AKESO (9926 HK) rose 8.30% month on month and XPENG (9868 HK) rose 5.80%, while KUAISHOU (1024 HK) fell 6.76% and CHINA LIFE (2628 HK) fell 4.90%. CHINA LIFE's share price dropped 17.1% over the month and PING AN's fell 8.1%, alongside their earnings downgrades.