TYC Finance Ali

In the fluctuation of the global economy, Chinese assets have recently demonstrated their unique resilience, especially in the Hong Kong stock market, where we have seen a strong upward momentum. This stability and growth have attracted the attention of global investors. At the same time, with the rise of the Islamic financial market in Muslim countries around the world, stocks that comply with the principles of Islamic finance have also attracted the attention of investors.

The core principles of Islamic finance emphasize fairness and transparency, prohibiting investment in industries that contradict Islamic teachings, such as gambling, alcohol, tobacco, pork products, armaments, and pornography, among others. Additionally, Islamic finance requires companies to avoid excessive debt leverage and interest income, while also placing greater emphasis on corporate social responsibility, including environmental protection, charity, social welfare, and sustainable development. The rise of this financial model is also the precursor to modern ESG finance and sustainable finance. Islamic finance offers investors a new perspective and investment choice that not only aligns with specific religious beliefs but also meets the expectations of modern investors for corporate social responsibility and sustainable development. We believe that as the global financial market continues to evolve, investment products under Islamic finance principles will become the choice of more and more investors seeking stable and ethical investments.

**Ten top tem Halal Stocks in Hong Kong Market**

In the current valuation adjustment, we have screened the top 30 companies by market value as of September 30, 2024, and selected the following ten outstanding listed companies according to the standards of Islamic finance. They meet the requirements of Islamic finance compliance in terms of business practice, financial health, and social responsibility.

1. **China Mobile (941.HK)**

   - China Mobile is one of China's largest mobile communication service providers, known for its excellent network coverage, innovative communication technology, and commitment to social responsibility. The company actively promotes the construction of 5G networks, committed to providing faster and safer communication services. At the same time, China Mobile provides communication services to residents in remote areas through its extensive service network, promoting the popularization of information and economic development.

2. **Meituan-W (3690.HK)**

   - Meituan is a leading e-commerce platform in China, popular for its food delivery, travel, and lifestyle services. The company has facilitated the creation of a large number of employment opportunities through its platform and improved users' lives through its services. Meituan also focuses on the care and development of delivery personnel, promotes green consumption, and supports rural revitalization and emergency relief, demonstrating its commitment to giving back to and serving society.

3. **CNOOC Limited (883.HK)**

   - CNOOC Limited is China's largest producer of offshore crude oil and natural gas, committed to promoting environmental protection and sustainable development concepts. The company has also maintained good performance in technology innovation, operations, and finance, and its stocks are favored by investors for their stable dividends and good corporate governance.

4. **China Shenhua Energy Company (1088.HK)**

   - China Shenhua Energy Company is one of China's largest coal production enterprises, also involved in the fields of electricity and railway transportation. Although coal is a fossil energy with higher pollution, China Shenhua pays great attention to environmental protection and social responsibility, committed to reducing pollution and improving energy efficiency through technological innovation.

5. **Xiaomi Corporation (1810.HK)**

   - Xiaomi Corporation is a well-known Chinese manufacturer of smart devices and consumer electronics, holding a place in the global market with its innovative products and rapid growth. The company continuously launches cost-effective products to meet consumer needs with its philosophy of "born for enthusiasts." At the same time, Xiaomi is also actively making efforts in environmental protection and social responsibility.

6. **Zijin Mining Group (2899.HK)**

   - Zijin Mining Group is one of China's largest gold production enterprises, with business development spanning multiple countries. The company is welcomed by investors for its efficient resource development and strict environmental protection standards. Zijin Mining Group is also actively involved in community development projects, providing employment opportunities and improving living conditions for local residents.

7. **Nongfu Spring (9633.HK)**

   - Nongfu Spring is a well-known Chinese producer of drinking water and beverages, attracting investor attention with its high-quality products and strong brand influence. The company demonstrates its commitment to sustainable development in environmental, social, and governance (ESG) aspects, striving to reduce the carbon footprint in the production process.

8. **Sun Hung Kai Properties (16.HK)**

   - Sun Hung Kai Properties is one of the largest property developers in Hong Kong, known for its stable business and financial operations. The company fully supports the government's sustainable development measures in environmental protection, talent development, and housing supply, committed to building green and smart living environments.

9. **Anta Sports (2020.HK)**

   - Anta Sports is one of China's leading sports brands, recognized by the market for its strong brand influence and steady performance growth. The company continues to make efforts in social and environmental aspects, such as promoting eco-friendly packaging and sustainable product development, as well as promoting green production and labor rights protection in the supply chain.

10. **Henderson Land Development (12.HK)**

    - Henderson Land Development is a major property developer in Hong Kong, launching the industry's first ESG partnership program to achieve sustainability goals through the joint efforts of owners, tenants, and their employees. The company is sought after in the market for its high-quality property projects and stable performance.

In summary, we believe that these Hong Kong-listed companies are not only financially sound but also stand out in terms of social responsibility and environmental protection, while also meeting the compliance requirements of Islamic finance. The content above is not an opinion or advice on stock investment, but rather an educational introduction to financial and investment concepts. We hope that investors, when choosing these stocks, should consider a range of factors including the company's financial health, market position, growth potential, and social responsibility. Before making investment decisions, it is recommended to conduct thorough market research and consult with professional advisors.

Notes: TYC Finance team provides a series of educational articles on the concept of Islamic finance compliance, offering some information on the compliance of stocks with Islamic finance standards. The content of the articles does not constitute any form of financial investment advice, nor should it be considered as advice to buy, hold, or sell any securities. The trends of stocks and other financial instruments are influenced by a variety of factors, including but not limited to market conditions, economic environment, company performance, and policy changes. Investors should seek independent financial advice before making investment decisions and fully consider their personal investment objectives, risk tolerance, and investment horizon.