Largest Data Centers Public Companies in Hong Kong

Company	HQ	Description	Sectors	Stock Price	1Y Perf.	Market Cap	EV	EV/Revenue	EV/EBITDA
China Unicom		China Unicom is the incumbent fixed-line operator in 10 northern Chine…China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of June 2025, it had around 355 million billing wireless customers and over 125 million fixed-line subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China with 420,000 cabinets and its Cloud Service revenue is also showing strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.	Data Centers+1	$1	-15%	$31B	$26B	0.5x	1.7x
SUNeVision		Sunevision Holdings Ltd is an Investment holding company. Its segment…Sunevision Holdings Ltd is an Investment holding company. Its segment includes Data centre and IT facilities covering the provision of data center and IT facilities colocation services to allow customers to house their IT infrastructure or equipment, interconnection services to provide customers with high-speed and reliable interconnectivity, and other managed services; and ELV and IT systems comprise installation and maintenance services for the respective systems. It generates the majority of its revenue from Data centre and IT facilities. The company generates the majority of its revenue from Hong Kong.	Data Centers+1	$1	-2%	$2B	$4B	11.0x	15.2x
Median				$1	-9%	$17B	$15B	5.7x	8.4x

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