HSI Index Earning Revision (Oct): CHINA LIFE, PING AN, TENCENT, JD, KUAISHOU, LONGFOR, OOIL

Abstract: We analyzed the 2026E consensus EPS revisions of Hang Seng Index component stocks over the past month to October 2026. The index's 2026E EPS fell 0.73% month on month to HK$2,151 from HK$2,167, with 34 stocks revised up and 39 revised down, while the HSI itself fell 6.1% to 23,116 from 24,613. Individual stock EPS revisions alone subtracted HK$6.60 from the index's EPS. CHINA LIFE and PING AN were the largest negative contributors, cutting index EPS by HK$3.83 and HK$3.70 respectively, followed by TENCENT at HK$2.07, JD at HK$1.21, and KUAISHOU at HK$0.90. By magnitude, LONGFOR's EPS rose 26.0% and OOIL's EPS rose 19.8% month on month, while KUAISHOU fell 6.76%, CATL fell 6.46%, and CHINA LIFE fell 4.90%.