Research · refreshed nightly · July 28, 2026
The Best Emerging Market Growth Stocks (July 2026)
Emerging market growth with accessible listings.
The best emerging market growth stocks have long been locked behind exchanges most global accounts cannot reach. These 39 companies solved the problem by listing where anyone can find them. Atour Lifestyle leads at an MGI of 72, compounding revenue 38% a year across a $5B business, ahead of Yuanbao at 69 and Brazil's Inter & Co at 63.
The median MGI here is 44, well below what the top ten suggests, so the strength sits at the front of the list. The per-share column separates the leaders too: Inter & Co grew revenue per share 75% a year, while Yuanbao's slipped negative despite 65% headline growth. Click any name for the full citation-backed analysis.
45companies qualify
43median MGI
4joined this week
The ranking
Sorted by MGI
1
Atour Lifestyle Holdings LtdATAT🇨🇳
Revenue +38%/yr · +31%/yr per share · scale economics
G 72V 66O 80Cap $4.6B
MGI
72
MVI
66
MTI
42
MOI
80
Cap
$4.6B
Growth
+48%2
Yuanbao Inc.YB🇨🇳
Revenue +65%/yr · -4%/yr per share · asset light
G 69V 60O 72Cap $653.4M
MGI
69
MVI
60
MTI
60
MOI
72
Cap
$653.4M
Growth
+36%3
KANZHUN LIMITEDBZ🇨🇳
Revenue +15%/yr · +2%/yr per share · asset light
G 68V 61O 73Cap $7.0B
MGI
68
MVI
61
MTI
46
MOI
73
Cap
$7.0B
Growth
+8%4
Futu Holdings LimitedFUTU🇭🇰
Revenue +27%/yr · +29%/yr per share · asset light
G 68V 61O 72Cap $14.6B
MGI
68
MVI
61
MTI
55
MOI
72
Cap
$14.6B
Growth
+25%5
Inter & Co, Inc.INTR🇧🇷
Revenue +24%/yr · +75%/yr per share · asset light
G 63V 68O 68Cap $2.5B
MGI
63
MVI
68
MTI
48
MOI
68
Cap
$2.5B
Growth
+33%6
XP Inc.XP🇧🇷
Revenue +9%/yr · +11%/yr per share · asset light
G 62V 61O 66Cap $8.6B
MGI
62
MVI
61
MTI
55
MOI
66
Cap
$8.6B
Growth
+17%7
Hesai GroupHSAI🇨🇳
Revenue +35%/yr · +25%/yr per share · scale economics
G 60V 65O 63Cap $313.9M
MGI
60
MVI
65
MTI
58
MOI
63
Cap
$313.9M
Growth
+30%8
Full Truck Alliance Co. Ltd.YMM🇨🇳
Revenue +22%/yr · +12%/yr per share · asset light
G 59V 64O 65Cap $9.7B
MGI
59
MVI
64
MTI
52
MOI
65
Cap
$9.7B
Growth
+6%9
H World Group LimitedHTHT🇨🇳
Revenue +15%/yr · +14%/yr per share · scale economics
G 57V 61O 61Cap $12.9B
MGI
57
MVI
61
MTI
51
MOI
61
Cap
$12.9B
Growth
+11%10
BBB Foods Inc.TBBB🇲🇽
Revenue +29%/yr · -18%/yr per share · scale economics
G 57V 46O 56Cap $4.8B
MGI
57
MVI
46
MTI
48
MOI
56
Cap
$4.8B
Growth
+33%11
Afya LimitedAFYA🇧🇷
Revenue +17%/yr · +18%/yr per share · asset light
G 56V 70O 64Cap $1.3B
MGI
56
MVI
70
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%12
Grupo Aeroportuario del Sureste, S.A.B. de C.V.ASR🇲🇽
Revenue +15%/yr · +15%/yr per share · asset light
G 55V 31O 46Cap $8.1B
MGI
55
MVI
31
MTI
50
MOI
46
Cap
$8.1B
Growth
-2%13
MakeMyTrip LimitedMMYT🇮🇳
Revenue +29%/yr · +29%/yr per share · asset light
G 54V 54O 55Cap $4.3B
MGI
54
MVI
54
MTI
42
MOI
55
Cap
$4.3B
Growth
+11%14
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.OMAB🇲🇽
Revenue +13%/yr · +14%/yr per share · asset light
G 53V 50O 53Cap $5.0B
MGI
53
MVI
50
MTI
42
MOI
53
Cap
$5.0B
Growth
+7%15
Andean Precious Metals Corp.APM.MX🇲🇽
Revenue +26%/yr · +26%/yr per share · scale economics
G 53V 59O 55Cap $653M
MGI
53
MVI
59
MTI
57
MOI
55
Cap
$653M
Growth
+163%16
ATRenew Inc.RERE🇨🇳
Revenue +24%/yr · +11%/yr per share · scale economics
G 53V 67O 57Cap $912.5M
MGI
53
MVI
67
MTI
50
MOI
57
Cap
$912.5M
Growth
+27%17
HUTCHMED (China) LimitedHCM🇭🇰
Revenue +19%/yr · +14%/yr per share · scale economics
G 52V 53O 53Cap $2.1B
MGI
52
MVI
53
MTI
55
MOI
53
Cap
$2.1B
Growth
-13%18
Pan African Resources PLCPAN.ZA🇿🇦
Revenue +21%/yr · +20%/yr per share · asset light
G 50V 54O 51Cap $2.8B
MGI
50
MVI
54
MTI
48
MOI
51
Cap
$2.8B
Growth
+45%19
China Automotive Systems, Inc.CAAS🇨🇳
Revenue +13%/yr · +14%/yr per share · scale economics
G 49V 76O 55Cap $130M
MGI
49
MVI
76
MTI
56
MOI
55
Cap
$130M
Growth
+21%20
Hochschild Mining PLCHOC.PE🇵🇪
Revenue +14%/yr · +14%/yr per share · scale economics
G 47V 54O 48Cap $2.8B
MGI
47
MVI
54
MTI
63
MOI
48
Cap
$2.8B
Growth
+25%21
DRDGOLD LimitedDRD🇿🇦
Revenue +13%/yr · +12%/yr per share · scale economics
G 44V 50O 44Cap $2.6B
MGI
44
MVI
50
MTI
52
MOI
44
Cap
$2.6B
Growth
+14%22
NIO Inc.NIO🇨🇳
Revenue +23%/yr · +13%/yr per share · scale economics
G 43V 54O 44Cap $11.6B
MGI
43
MVI
54
MTI
62
MOI
44
Cap
$11.6B
Growth
+23%23
Vista Energy, S.A.B. de C.V.VIST🇲🇽
Revenue +40%/yr · +35%/yr per share · asset light
G 43V 57O 45Cap $7.1B
MGI
43
MVI
57
MTI
55
MOI
45
Cap
$7.1B
Growth
+97%24
Li Auto Inc.LI🇨🇳
Revenue +32%/yr · +29%/yr per share · scale economics
G 43V 57O 44Cap $13.1B
MGI
43
MVI
57
MTI
65
MOI
44
Cap
$13.1B
Growth
-11%25
Compañía de Minas Buenaventura S.A.A.BVN🇵🇪
Revenue +18%/yr · +18%/yr per share · asset light
G 42V 50O 42Cap $8.6B
MGI
42
MVI
50
MTI
57
MOI
42
Cap
$8.6B
Growth
+103%26
Fresnillo plcFRES.MX🇲🇽
Revenue +13%/yr · +13%/yr per share · asset light
G 42V 46O 41Cap $24.4B
MGI
42
MVI
46
MTI
55
MOI
41
Cap
$24.4B
Growth
+31%27
CI&T IncCINT🇧🇷
Revenue +15%/yr · +14%/yr per share · scale economics
G 42V 71O 46Cap $408.7M
MGI
42
MVI
71
MTI
62
MOI
46
Cap
$408.7M
Growth
+23%28
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.PAC🇲🇽
Revenue +17%/yr · +17%/yr per share · asset light
G 41V 16O 29Cap $12.9B
MGI
41
MVI
16
MTI
52
MOI
29
Cap
$12.9B
Growth
+3%29
Gold Fields LimitedGFI🇿🇦
Revenue +18%/yr · +17%/yr per share · asset light
G 40V 42O 36Cap $38.4B
MGI
40
MVI
42
MTI
64
MOI
36
Cap
$38.4B
Growth
+68%30
PagSeguro Digital Ltd.PAGS🇧🇷
Revenue +14%/yr · +17%/yr per share · asset light
G 40V 62O 42Cap $2.6B
MGI
40
MVI
62
MTI
62
MOI
42
Cap
$2.6B
Growth
+3%31
Harmony Gold Mining Company LimitedHMY🇿🇦
Revenue +18%/yr · +16%/yr per share · scale economics
G 39V 55O 40Cap $10.0B
MGI
39
MVI
55
MTI
55
MOI
40
Cap
$10.0B
Growth
+25%32
XPeng Inc.XPEV🇨🇳
Revenue +29%/yr · +25%/yr per share · scale economics
G 39V 62O 41Cap $12.2B
MGI
39
MVI
62
MTI
65
MOI
41
Cap
$12.2B
Growth
-18%33
Tenaris S.A.TS🇦🇷
Revenue +13%/yr · +16%/yr per share · scale economics
G 37V 52O 38Cap $28.9B
MGI
37
MVI
52
MTI
52
MOI
38
Cap
$28.9B
Growth
+6%34
MINISO Group Holding LimitedMNSO🇨🇳
Revenue +18%/yr · +55%/yr per share · scale economics
G 37V 61O 39Cap $3.7B
MGI
37
MVI
61
MTI
50
MOI
39
Cap
$3.7B
Growth
+29%35
ZJK Industrial Co., Ltd.ZJK🇨🇳
Revenue +31%/yr · +29%/yr per share · scale economics
G 37V 41O 36Cap $121.7M
MGI
37
MVI
41
MTI
68
MOI
36
Cap
$121.7M
Growth
+48%36
SS Innovations International, Inc.SSII🇮🇳
Revenue +102%/yr · -14%/yr per share · scale economics
G 36V 47O 36Cap $896.6M
MGI
36
MVI
47
MTI
60
MOI
36
Cap
$896.6M
Growth
+117%37
Companhia de Saneamento Básico do Estado de São Paulo - SABESPSBS🇧🇷
Revenue +15%/yr · +16%/yr per share · scale economics
G 36V 39O 32Cap $19.9B
MGI
36
MVI
39
MTI
28
MOI
32
Cap
$19.9B
Growth
+27%38
Turkcell İletişim Hizmetleri A.Ş.TKC🇹🇷
Revenue +17%/yr · +17%/yr per share · scale economics
G 35V 55O 36Cap $4.8B
MGI
35
MVI
55
MTI
52
MOI
36
Cap
$4.8B
Growth
+31%39
Sociedad Química y Minera de Chile S.A.SQM🇨🇱
Revenue +13%/yr · +13%/yr per share · scale economics
G 35V 44O 33Cap $23.1B
MGI
35
MVI
44
MTI
64
MOI
33
Cap
$23.1B
Growth
+70%40
Lesaka Technologies, Inc.LSAK🇿🇦
Revenue +43%/yr · +33%/yr per share · scale economics
G 30V 59O 31Cap $407.9M
MGI
30
MVI
59
MTI
55
MOI
31
Cap
$407.9M
Growth
+13%41
One and One Green Technologies Inc.YDDL🇵🇭
Revenue +14%/yr · -17%/yr per share · scale economics
G 29V 48O 29Cap $95.3M
MGI
29
MVI
48
MTI
55
MOI
29
Cap
$95.3M
Growth
+23%42
Xunlei LimitedXNET🇨🇳
Revenue +22%/yr · +24%/yr per share · scale economics
G 27V 66O 29Cap $361.2M
MGI
27
MVI
66
MTI
72
MOI
29
Cap
$361.2M
Growth
+11%43
Zai Lab LimitedZLAB🇨🇳
Revenue +26%/yr · +22%/yr per share · asset light
G 26V 58O 27Cap $2.1B
MGI
26
MVI
58
MTI
60
MOI
27
Cap
$2.1B
Growth
-6%
Changed this week
Week over week, from the nightly refresh.
Entered
Shengfeng Development Ltd. (SFWL) · joined at #45 · Revenue +15%/yr · +14%/yr per share · scale economics
EnteredNIO Inc. (NIO) · joined at #22 · Revenue +23%/yr · +13%/yr per share · scale economics
EnteredXunlei Limited (XNET) · joined at #42 · Revenue +22%/yr · +24%/yr per share · scale economics
EnteredRDY (RDY) · since left the ranking
Left
PDD, RDY
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.