Is 3738.HK a buy ahead of Fubo Group results?

It depends on risk tolerance. Valuation is not cheap at 46.21x TTM earnings, and cash flow is negative, but FY2024 growth is solid and leverage is moderate. Technically, the stock is oversold with RSI 38 and CCI -192, so constructive guidance could spark a bounce toward HK$4.57–HK$5.34. A cautious briefing could retest HK$3.81. Consider staged entries and clear stop levels.

What key metrics should I watch during the press conference?

Focus on revenue growth guidance, gross and operating margins, receivables days, free cash flow, and any share issuance or buyback plans. Improvements in DSO of 244 days and the 153-day cash conversion cycle would be meaningful. Also watch commentary on R&D spend at 10.89% of revenue and demand trends across key geographies. These will shape estimates before the 27 March earnings release.

How could today’s guidance affect Hong Kong tech sentiment?

Positive Fubo Group results and confident guidance could lift sentiment across Hong Kong application software names, supporting a short-term re-rating and risk appetite. Weak or cautious commentary, or hints of funding needs, may weigh on peers given recent volatility. With ADX at 15.88 showing no strong trend, clear guidance can quickly set direction. Expect spillover into volumes and options pricing near-term.

Global Market Insights

3738.HK Stock Today: March 21 as Fubo Group Holds Results Briefing

ByDanny Kontos March 22, 2026March 22, 2026

Fubo Group results take centre stage today as SEHK: 3738.HK holds its 2025 annual performance press conference. For UK investors tracking Hong Kong earnings, the briefing could reset near-term guidance, capital plans, and growth priorities. The shares recently traded at HK$4.34, 1-month change -29.27%, with a 52-week range of HK$2.86 to HK$7.10. With the formal earnings announcement due on 27 March 2026, any updates today may shift expectations before numbers land. We outline the setup, key watchpoints, valuation, technicals, and actions for GB portfolios.