Research · refreshed nightly · August 17, 2026
The Best Emerging Market Growth Stocks (October 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.
41companies qualify
43median MGI
1joined this week
The ranking
Sorted by MGI
1
Atour Lifestyle Holdings LtdATAT🇨🇳
Revenue +38%/yr · +31%/yr per share · scale economics
G 72V 66O 79Cap $4.7B
MGI
72
MVI
66
MTI
42
MOI
79
Cap
$4.7B
Growth
+48%2
Yuanbao Inc.YB🇨🇳
Revenue +65%/yr · -4%/yr per share · asset light
G 69V 62O 73Cap $620.7M
MGI
69
MVI
62
MTI
60
MOI
73
Cap
$620.7M
Growth
+36%3
KANZHUN LIMITEDBZ🇨🇳
Revenue +15%/yr · +2%/yr per share · asset light
G 68V 61O 73Cap $6.9B
MGI
68
MVI
61
MTI
46
MOI
73
Cap
$6.9B
Growth
+8%4
Futu Holdings LimitedFUTU🇭🇰
Revenue +27%/yr · +29%/yr per share · asset light
G 68V 61O 72Cap $14.8B
MGI
68
MVI
61
MTI
55
MOI
72
Cap
$14.8B
Growth
+25%5
H World Group LimitedHTHT🇨🇳
Revenue +15%/yr · +14%/yr per share · scale economics
G 61V 51O 61Cap $12.9B
MGI
61
MVI
51
MTI
52
MOI
61
Cap
$12.9B
Growth
+11%6
Hesai GroupHSAI🇨🇳
Revenue +35%/yr · +25%/yr per share · scale economics
G 60V 47O 58Cap $22.9B
MGI
60
MVI
47
MTI
58
MOI
58
Cap
$22.9B
Growth
+30%7
Full Truck Alliance Co. Ltd.YMM🇨🇳
Revenue +22%/yr · +12%/yr per share · asset light
G 59V 66O 65Cap $9.2B
MGI
59
MVI
66
MTI
52
MOI
65
Cap
$9.2B
Growth
+6%8
BBB Foods Inc.TBBB🇲🇽
Revenue +32%/yr · -17%/yr per share · scale economics
G 57V 41O 54Cap $5.8B
MGI
57
MVI
41
MTI
48
MOI
54
Cap
$5.8B
Growth
+33%9
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.OMAB🇲🇽
Revenue +13%/yr · +14%/yr per share · asset light
G 56V 51O 56Cap $5.0B
MGI
56
MVI
51
MTI
38
MOI
56
Cap
$5.0B
Growth
+3%10
Afya LimitedAFYA🇧🇷
Revenue +17%/yr · +18%/yr per share · asset light
G 56V 71O 64Cap $1.3B
MGI
56
MVI
71
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%11
XP Inc.XP🇧🇷
Revenue +9%/yr · +11%/yr per share · asset light
G 55V 56O 56Cap $8.2B
MGI
55
MVI
56
MTI
56
MOI
56
Cap
$8.2B
Growth
+17%12
Grupo Aeroportuario del Sureste, S.A.B. de C.V.ASR🇲🇽
Revenue +15%/yr · +15%/yr per share · asset light
G 55V 32O 46Cap $7.9B
MGI
55
MVI
32
MTI
50
MOI
46
Cap
$7.9B
Growth
-2%13
ATRenew Inc.RERE🇨🇳
Revenue +24%/yr · +11%/yr per share · scale economics
G 53V 64O 57Cap $1.0B
MGI
53
MVI
64
MTI
50
MOI
57
Cap
$1.0B
Growth
+27%14
Andean Precious Metals Corp.APM.MX🇲🇽
Revenue +26%/yr · +26%/yr per share · scale economics
G 53V 53O 54Cap $818.2M
MGI
53
MVI
53
MTI
57
MOI
54
Cap
$818.2M
Growth
+163%15
Pan African Resources PLCPAN.ZA🇿🇦
Revenue +21%/yr · +20%/yr per share · asset light
G 50V 53O 51Cap $3.0B
MGI
50
MVI
53
MTI
48
MOI
51
Cap
$3.0B
Growth
+45%16
MakeMyTrip LimitedMMYT🇮🇳
Revenue +29%/yr · +31%/yr per share · asset light
G 49V 57O 51Cap $5.3B
MGI
49
MVI
57
MTI
43
MOI
51
Cap
$5.3B
Growth
+6%17
Hochschild Mining PLCHOC.PE🇵🇪
Revenue +14%/yr · +14%/yr per share · scale economics
G 47V 52O 47Cap $3.1B
MGI
47
MVI
52
MTI
63
MOI
47
Cap
$3.1B
Growth
+25%18
LATAM Airlines Group S.A.LTM🇨🇱
Revenue +27%/yr · -68%/yr per share · scale economics
G 45V 63O 51Cap $16.0B
MGI
45
MVI
63
MTI
50
MOI
51
Cap
$16.0B
Growth
+27%19
DRDGOLD LimitedDRD🇿🇦
Revenue +13%/yr · +12%/yr per share · scale economics
G 44V 52O 44Cap $2.4B
MGI
44
MVI
52
MTI
52
MOI
44
Cap
$2.4B
Growth
+14%20
Vista Energy, S.A.B. de C.V.VIST🇲🇽
Revenue +40%/yr · +35%/yr per share · asset light
G 43V 56O 44Cap $7.1B
MGI
43
MVI
56
MTI
55
MOI
44
Cap
$7.1B
Growth
+102%21
NIO Inc.NIO🇨🇳
Revenue +23%/yr · +13%/yr per share · scale economics
G 43V 55O 44Cap $11.3B
MGI
43
MVI
55
MTI
62
MOI
44
Cap
$11.3B
Growth
+23%22
Li Auto Inc.LI🇨🇳
Revenue +32%/yr · +29%/yr per share · scale economics
G 43V 59O 45Cap $12.0B
MGI
43
MVI
59
MTI
65
MOI
45
Cap
$12.0B
Growth
-11%23
CI&T IncCINT🇧🇷
Revenue +16%/yr · +15%/yr per share · scale economics
G 42V 68O 45Cap $448.3M
MGI
42
MVI
68
MTI
62
MOI
45
Cap
$448.3M
Growth
+23%24
Fresnillo plcFRES.MX🇲🇽
Revenue +17%/yr · +17%/yr per share · asset light
G 42V 42O 39Cap $28.3B
MGI
42
MVI
42
MTI
55
MOI
39
Cap
$28.3B
Growth
+31%25
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.PAC🇲🇽
Revenue +17%/yr · +17%/yr per share · asset light
G 41V 16O 29Cap $12.3B
MGI
41
MVI
16
MTI
52
MOI
29
Cap
$12.3B
Growth
+4%26
PagSeguro Digital Ltd.PAGS🇧🇷
Revenue +14%/yr · +17%/yr per share · asset light
G 40V 63O 42Cap $2.4B
MGI
40
MVI
63
MTI
62
MOI
42
Cap
$2.4B
Growth
+3%27
Gold Fields LimitedGFI🇿🇦
Revenue +18%/yr · +17%/yr per share · asset light
G 40V 41O 36Cap $39.1B
MGI
40
MVI
41
MTI
64
MOI
36
Cap
$39.1B
Growth
+68%28
Harmony Gold Mining Company LimitedHMY🇿🇦
Revenue +18%/yr · +16%/yr per share · scale economics
G 39V 49O 39Cap $12.4B
MGI
39
MVI
49
MTI
55
MOI
39
Cap
$12.4B
Growth
+25%29
XPeng Inc.XPEV🇨🇳
Revenue +29%/yr · +25%/yr per share · scale economics
G 39V 64O 42Cap $11.2B
MGI
39
MVI
64
MTI
65
MOI
42
Cap
$11.2B
Growth
-18%30
MINISO Group Holding LimitedMNSO🇨🇳
Revenue +18%/yr · +55%/yr per share · scale economics
G 37V 62O 39Cap $3.5B
MGI
37
MVI
62
MTI
50
MOI
39
Cap
$3.5B
Growth
+29%31
ZJK Industrial Co., Ltd.ZJK🇨🇳
Revenue +31%/yr · +29%/yr per share · scale economics
G 37V 40O 36Cap $127.8M
MGI
37
MVI
40
MTI
68
MOI
36
Cap
$127.8M
Growth
+48%32
Tenaris S.A.TS🇦🇷
Revenue +13%/yr · +16%/yr per share · scale economics
G 37V 53O 39Cap $27.5B
MGI
37
MVI
53
MTI
52
MOI
39
Cap
$27.5B
Growth
-4%33
SS Innovations International, Inc.SSII🇮🇳
Revenue +107%/yr · -12%/yr per share · scale economics
G 36V 50O 36Cap $805.1M
MGI
36
MVI
50
MTI
60
MOI
36
Cap
$805.1M
Growth
+117%34
Companhia de Saneamento Básico do Estado de São Paulo - SABESPSBS🇧🇷
Revenue +16%/yr · +17%/yr per share · scale economics
G 36V 45O 34Cap $16.2B
MGI
36
MVI
45
MTI
28
MOI
34
Cap
$16.2B
Growth
+27%35
Compañía de Minas Buenaventura S.A.A.BVN🇵🇪
Revenue +20%/yr · +20%/yr per share · asset light
G 34V 44O 33Cap $8.0B
MGI
34
MVI
44
MTI
52
MOI
33
Cap
$8.0B
Growth
+103%36
Sociedad Química y Minera de Chile S.A.SQM🇨🇱
Revenue +13%/yr · +13%/yr per share · scale economics
G 31V 48O 31Cap $23.1B
MGI
31
MVI
48
MTI
55
MOI
31
Cap
$23.1B
Growth
+70%37
One and One Green Technologies Inc.YDDL🇵🇭
Revenue +14%/yr · -17%/yr per share · scale economics
G 29V 46O 29Cap $104.8M
MGI
29
MVI
46
MTI
55
MOI
29
Cap
$104.8M
Growth
+23%38
Xunlei LimitedXNET🇨🇳
Revenue +18%/yr · +20%/yr per share · scale economics
G 27V 67O 29Cap $345.4M
MGI
27
MVI
67
MTI
72
MOI
29
Cap
$345.4M
Growth
+11%39
Zai Lab LimitedZLAB🇨🇳
Revenue +26%/yr · +21%/yr per share · asset light
G 26V 53O 26Cap $2.5B
MGI
26
MVI
53
MTI
60
MOI
26
Cap
$2.5B
Growth
-3%
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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 2026-08-17.