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Hong Kong (HSI) Consumer Discretionary Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies450
  • 7D0.2%
  • 3M-3.8%
  • 1Y-3.9%
  • YTD-3.7%

The Consumer Discretionary is pretty flat in the last 7 days, but Pop Mart International Group has stood out, gaining 6.2%. As for the longer term, the industry has declined 3.6% in the last year. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

Has the Hong Kong Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026HK$5.1tHK$5.3tHK$215.2b11.2x23.5x1x
Thu, 19 Mar 2026HK$5.0tHK$5.2tHK$226.1b10.3x22.2x1x
Sat, 14 Feb 2026HK$5.2tHK$5.1tHK$221.8b10.6x23.6x1x
Mon, 12 Jan 2026HK$5.2tHK$5.1tHK$221.1b10.4x23.4x1x
Wed, 10 Dec 2025HK$5.1tHK$5.0tHK$218.5b10.9x23.4x1x
Fri, 07 Nov 2025HK$5.2tHK$5.0tHK$249.7b11x21x1.1x
Sun, 05 Oct 2025HK$5.6tHK$5.1tHK$251.9b10.6x22.2x1.1x
Tue, 02 Sep 2025HK$5.4tHK$4.7tHK$234.2b10.8x23x1.1x
Thu, 31 Jul 2025HK$5.4tHK$4.6tHK$247.9b11.1x21.8x1.2x
Sat, 28 Jun 2025HK$5.3tHK$4.7tHK$245.4b10.6x21.6x1.1x
Mon, 26 May 2025HK$5.6tHK$4.6tHK$232.6b10.6x24.3x1.2x
Wed, 23 Apr 2025HK$4.9tHK$4.5tHK$226.4b10x21.7x1.1x
Fri, 21 Mar 2025HK$5.6tHK$4.4tHK$217.9b11.3x25.5x1.3x
Sun, 16 Feb 2025HK$4.8tHK$4.3tHK$202.4b10.4x23.8x1.1x
Tue, 14 Jan 2025HK$4.0tHK$4.2tHK$199.4b10x20x0.9x
Thu, 12 Dec 2024HK$4.4tHK$4.3tHK$199.5b10.3x22.2x1x
Sat, 09 Nov 2024HK$4.6tHK$4.3tHK$193.4b9.6x23.7x1.1x
Mon, 07 Oct 2024HK$4.9tHK$4.3tHK$195.7b10.1x25x1.1x
Wed, 04 Sep 2024HK$3.6tHK$4.3tHK$195.2b8.7x18.6x0.8x
Fri, 02 Aug 2024HK$3.5tHK$4.1tHK$174.9b8.5x20.3x0.9x
Sun, 30 Jun 2024HK$3.8tHK$4.1tHK$175.4b9.4x21.6x0.9x
Tue, 28 May 2024HK$4.0tHK$4.0tHK$173.2b9.6x22.8x1x
Thu, 25 Apr 2024HK$3.8tHK$4.0tHK$170.2b9x22.4x1x
Sat, 23 Mar 2024HK$3.6tHK$3.9tHK$170.1b9.5x21.4x0.9x
Mon, 19 Feb 2024HK$3.4tHK$3.9tHK$156.3b9.4x21.6x0.9x
Wed, 17 Jan 2024HK$3.4tHK$3.9tHK$155.2b9.8x21.9x0.9x
Fri, 15 Dec 2023HK$3.5tHK$3.9tHK$156.1b9.9x22.4x0.9x
Sun, 12 Nov 2023HK$4.0tHK$3.8tHK$148.8b9.1x26.7x1x
Tue, 10 Oct 2023HK$4.0tHK$3.8tHK$141.7b9.2x28.3x1.1x
Thu, 07 Sep 2023HK$4.3tHK$3.8tHK$140.9b9.7x30.8x1.2x
Sat, 05 Aug 2023HK$4.8tHK$3.6tHK$123.8b10.6x38.6x1.3x
Mon, 03 Jul 2023HK$4.4tHK$3.6tHK$115.9b10.4x37.8x1.2x
Wed, 31 May 2023HK$4.3tHK$3.7tHK$116.6b10.5x36.6x1.2x
Fri, 28 Apr 2023HK$4.7tHK$3.7tHK$106.5b10.5x44.2x1.3x
Price to Earnings Ratio

44.2x


Total Market Cap: HK$4.7tTotal Earnings: HK$106.5bTotal Revenue: HK$3.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Consumer Discretionary Sector Price to Earnings3Y Average 24.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary sector?

HK Market1.70%
Consumer Discretionary0.23%
Specialty Stores3.83%
Consumer Durables2.32%
Luxury1.45%
Leisure1.27%
Hospitality0.73%
General Merchandise and Department Stores0.36%
Online Retail and Ecommerce0%0
Consumer Services-0.93%
Auto Components-1.26%
Auto-1.28%
Retail Distributors-7.21%
Industry PE
  • Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio of 55.8x.
    • Analysts are expecting annual earnings growth of 35.2%, which is higher than its past year's earnings growth of 16.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Luxury industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2097 MIXUE GroupHK$309.209.6%
+HK$10.2b		-34.3%PE17.4x
3690 MeituanHK$86.451.6%
+HK$8.3b		-33.6%PS1.3x
1929 Chow Tai Fook Jewellery GroupHK$11.816.0%
+HK$6.6b		21.9%PE19.7x
2632 Jiangsu New Vision Automotive ElectronicsHK$84.0068.7%
+HK$4.2b		n/aPS14.4x
1913 PradaHK$39.304.2%
+HK$4.0b		-15.1%PE12.8x

Latest News

9863
HK$53.85
Zhejiang Leapmotor Technology
7D
-3.8%
1Y
15.6%

9863: Electronics Self Reliance Will Support Future Upside Despite 2026 Sector Sales Caution

Analysts have lifted their price target on Zhejiang Leapmotor Technology to HK$61, up from HK$59, citing slightly higher fair value estimates and updated assumptions on revenue growth, discount rates and future P/E, despite recent sector wide caution on 2026 sales for Chinese automakers. Analyst Commentary Analysts are framing the latest sector data as a mixed backdrop for Zhejiang Leapmotor Technology, with the higher HK$61 price target sitting against more cautious views on 2026 sales for Chinese automakers overall.
2632
HK$84.00
Jiangsu New Vision Automotive Electronics
7D
68.7%
1Y
n/a
1929
HK$11.81
Chow Tai Fook Jewellery Group
7D
6.0%
1Y
21.9%

1929: Renewed Leasing Agreement And Global Store Expansion Will Drive Future Upside

Analysts have maintained their HK$21.40 price target on Chow Tai Fook Jewellery Group, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that broadly offset each other in their valuation work. What's in the News The Master Leasing and Licensing Agreement with NWD is set to be renewed for three years from June 30, 2026 to June 30, 2029, subject to Listing Rules compliance and standard termination rights (Key Developments).
2589
HK$115.90
Auntea Jenny (Shanghai) Industrial
7D
45.1%
1Y
n/a
3931
HK$36.20
CALB Group
7D
-3.9%
1Y
128.2%
175
HK$24.38
Geely Automobile Holdings
7D
-1.9%
1Y
55.3%
2331
HK$21.42
Li Ning
7D
-2.8%
1Y
44.0%

2331: Future Margin Execution And Puma Bid Potential Will Support Upside

Narrative Update: Li Ning Analysts have lifted their fair value estimate for Li Ning from about HK$21.89 to around HK$25.79, citing updated assumptions for revenue growth, profit margins and forward P/E, which result in a higher long term price target. Analyst Commentary Recent research, including a fresh upgrade from Goldman Sachs, focuses on how Li Ning can justify a higher fair value through execution on growth plans, profitability, and capital allocation.
2313
HK$50.15
Shenzhou International Group Holdings
7D
4.5%
1Y
-0.8%
1913
HK$39.30
Prada
7D
4.2%
1Y
-15.1%

1913: 2026 Dividend Catalyst Will Reward Patience After Tough 2025

Analysts have trimmed their fair value estimate for Prada to about HK$54 from roughly HK$59, citing slightly more conservative growth assumptions, a higher discount rate and lower future P/E expectations, along with recent rating downgrades from firms such as Kepler Cheuvreux and Macquarie, partly offset by a more constructive view from Barclays. Analyst Commentary Recent research on Prada shows a clear split between more constructive voices looking at potential upside and more cautious views focused on execution risk and valuation reset.
2333
HK$13.42
Great Wall Motor
7D
-1.6%
1Y
15.1%

Great Wall Motor's (HKG:2333) Conservative Accounting Might Explain Soft Earnings

Apr 05
Great Wall Motor's (HKG:2333) Conservative Accounting Might Explain Soft Earnings
3690
HK$86.45
Meituan
7D
1.6%
1Y
-33.6%
1364
HK$26.46
Guming Holdings
7D
-2.6%
1Y
31.3%
1211
HK$109.10
BYD
7D
-0.3%
1Y
-12.9%
2097
HK$309.20
MIXUE Group
7D
9.6%
1Y
-34.3%

MIXUE Group (HKG:2097) Just Reported, And Analysts Assigned A HK$424 Price Target

Mar 29
MIXUE Group (HKG:2097) Just Reported, And Analysts Assigned A HK$424 Price Target
9992
HK$164.40
Pop Mart International Group
7D
1.9%
1Y
-6.5%

Pop Mart International Group Limited (HKG:9992) Just Reported And Analysts Have Been Cutting Their Estimates

Mar 27
Pop Mart International Group Limited (HKG:9992) Just Reported And Analysts Have Been Cutting Their Estimates
2889
HK$119.90
PATEO CONNECT Technology (Shanghai)
7D
-7.5%
1Y
n/a