Abstract: We analyzed the April 2026 earnings revisions for Hang Seng Index (HSI) component stocks and found the index 2026E consensus EPS rose 0.55% month-on-month to HK$2,196, with 40 stocks revised up versus 29 revised down. The HSI index gained 4.6% over the month from 24,788 to 25,926, and individual stock EPS revisions contributed HK$12.6 to the index EPS change. The largest positive contributors to index EPS were CNOOC (+HK$4.6), CCB (+HK$2.8), and HSBC (+HK$1.8), while ALIBABA (-HK$2.3) and MEITUAN (-HK$1.3) were the largest detractors. At the individual stock level, MEITUAN posted the sharpest EPS upgrade at +1,487% MoM, followed by LI AUTO (+7.80%) and CNOOC (+4.96%), while BYD Electronic saw the steepest EPS cut at -8.25%, followed by SANDS CHINA (-3.40%) and ALIBABA (-2.99%).
MEITUAN, CHINA HONGQIAO, BYD Electronic, ALIBABA, HSBC, CNOOC
A monthly review of consensus earnings revisions for HSI constituents. Each issue estimates how the index's forward EPS changed over the month, and tabulates the stocks with the largest impact on index EPS alongside their EPS and revenue revisions. All issues of Index Earnings Revision Monthly →
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