Hong Kong (HSI) Consumer Discretionary Sector Analysis

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 22 Jul 2026	HK$4.4t	HK$5.3t	HK$189.1b	9.9x	23.1x	0.8x
Fri, 19 Jun 2026	HK$4.3t	HK$5.3t	HK$188.6b	10.3x	22.7x	0.8x
Sun, 17 May 2026	HK$4.7t	HK$5.2t	HK$204.2b	11.2x	23.2x	0.9x
Tue, 14 Apr 2026	HK$5.1t	HK$5.2t	HK$214.9b	10.9x	23.5x	1x
Thu, 12 Mar 2026	HK$5.0t	HK$5.2t	HK$223.7b	10.6x	22.1x	1x
Sat, 07 Feb 2026	HK$5.2t	HK$5.1t	HK$220.8b	10.4x	23.5x	1x
Mon, 05 Jan 2026	HK$5.2t	HK$5.1t	HK$220.7b	10.6x	23.6x	1x
Wed, 03 Dec 2025	HK$5.3t	HK$5.0t	HK$218.4b	10.8x	24.1x	1x
Fri, 31 Oct 2025	HK$5.4t	HK$5.0t	HK$252.1b	11.1x	21.4x	1.1x
Sun, 28 Sep 2025	HK$5.5t	HK$5.0t	HK$249.8b	10.8x	21.9x	1.1x
Tue, 26 Aug 2025	HK$5.7t	HK$4.7t	HK$250.6b	11.7x	22.9x	1.2x
Thu, 24 Jul 2025	HK$5.5t	HK$4.6t	HK$248.5b	11.2x	22.2x	1.2x
Sat, 21 Jun 2025	HK$5.2t	HK$4.6t	HK$243.9b	10.3x	21.2x	1.1x
Mon, 19 May 2025	HK$5.4t	HK$4.6t	HK$231.3b	10.6x	23.2x	1.2x
Wed, 16 Apr 2025	HK$5.0t	HK$4.5t	HK$226.4b	9.5x	22.1x	1.1x
Fri, 14 Mar 2025	HK$5.2t	HK$4.4t	HK$215.9b	11.1x	24.2x	1.2x
Sun, 09 Feb 2025	HK$4.5t	HK$4.3t	HK$200.4b	10x	22.6x	1.1x
Tue, 07 Jan 2025	HK$4.2t	HK$4.2t	HK$199.2b	9.9x	20.8x	1x
Thu, 05 Dec 2024	HK$4.3t	HK$4.3t	HK$200.3b	10x	21.4x	1x
Sat, 02 Nov 2024	HK$4.5t	HK$4.3t	HK$194.0b	9.6x	23x	1x
Mon, 30 Sep 2024	HK$4.4t	HK$4.3t	HK$197.0b	8.9x	22.1x	1x
Wed, 28 Aug 2024	HK$3.5t	HK$4.2t	HK$185.8b	8.3x	18.7x	0.8x
Fri, 26 Jul 2024	HK$3.5t	HK$4.1t	HK$174.4b	8.4x	20.2x	0.9x
Sun, 23 Jun 2024	HK$3.9t	HK$4.0t	HK$174.5b	9.4x	22.1x	1x
Tue, 21 May 2024	HK$4.1t	HK$4.0t	HK$173.0b	9.5x	23.9x	1x
Thu, 18 Apr 2024	HK$3.6t	HK$4.0t	HK$169.1b	8.8x	21.4x	0.9x
Sat, 16 Mar 2024	HK$3.7t	HK$3.9t	HK$170.5b	9.7x	21.5x	0.9x
Mon, 12 Feb 2024	HK$3.2t	HK$3.9t	HK$157.0b	9.1x	20.4x	0.8x
Wed, 10 Jan 2024	HK$3.4t	HK$3.9t	HK$156.2b	9.7x	21.6x	0.9x
Fri, 08 Dec 2023	HK$3.6t	HK$3.9t	HK$153.6b	9.7x	23.5x	0.9x
Sun, 05 Nov 2023	HK$4.1t	HK$3.8t	HK$148.2b	9.4x	27.3x	1.1x
Tue, 03 Oct 2023	HK$4.1t	HK$3.8t	HK$141.5b	9.3x	29.1x	1.1x
Thu, 31 Aug 2023	HK$4.4t	HK$3.7t	HK$141.2b	10x	31.2x	1.2x
Sat, 29 Jul 2023	HK$4.8t	HK$3.6t	HK$124.1b	10.7x	38.5x	1.3x

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 23.2x.

The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.83x.

Past Earnings Growth

The earnings for companies in the Consumer Discretionary industry have grown 15% per year over the last three years.
Revenues for these companies have grown 13% 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 Market	3.06%
Consumer Discretionary	4.43%
General Merchandise and Department Stores	10.95%
Leisure	7.45%
Hospitality	6.48%
Auto	5.05%
Retail Distributors	4.77%
Specialty Stores	4.48%
Luxury	2.94%
Consumer Durables	0.31%
Consumer Services	0.24%
Online Retail and Ecommerce	0%	0
Auto Components	-4.35%

Industry PE

Investors are most optimistic about the Retail Distributors industry even though it's trading below its 3-year average PE ratio of 549x.

Analysts are expecting annual earnings growth of 10.4%, which is higher than its past year's earnings growth of 7.1% per year.

Forecasted Growth

Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 43% over the next 5 years.
This is better than its past earnings growth rate of 10% per year.

In contrast, the Luxury industry is expected to see its earnings grow by 8.4% per year over the next few years.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
3690 Meituan	HK$85.20	7.6% +HK$37.0b	-34.0%	PS1.2x
1211 BYD	HK$89.80	4.2% +HK$33.2b	-33.1%	PE25.8x
9992 Pop Mart International Group	HK$163.20	5.3% +HK$10.8b	-34.9%	PE14.5x
2020 ANTA Sports Products	HK$76.75	3.9% +HK$8.0b	-17.6%	PE13.6x
1929 Chow Tai Fook Jewellery Group	HK$12.32	4.5% +HK$5.2b	-12.0%	PE13.5x

Great Wall Motor Company Limited Provides Earning Guidance for the First Half Ended 30 June, 2026

Great Wall Motor Company Limited provided earning guidance for the first half ended 30 June, 2026. The Company is estimated to record a net profit attributable to shareholders of the Company between RMB 2.35 billion and RMB 2.6 billion for the first half of 2026, representing a decrease by between RMB 3.737 billion to RMB 3.987 billion as compared with the corresponding period of the previous year, and a year-on-year decrease of 58.97% to 62.92%. The Company is estimated to record a net profit attributable to shareholders of the Company after non- recurring gains or losses between RMB 1.5 billion to RMB 1.75 billion for the first half of 2026, representing a decrease by between RMB 1.831 billion to RMB 2.081 billion as compared with the corresponding period of the previous year, and a year-on-year decrease of 51.14% to 58.12%. Based on the preliminary estimation by the financial department of the Company, it is estimated that the Company will record a net profit attributable to shareholders of the Company RMB 2.35 billion and RMB 2.6 billion for the first half of 2026, representing a decrease by between RMB 3.737 billion to RMB 3.987 billion as compared with the corresponding period of the previous year, and a year-on-year decrease of 58.97% to 62.92%. It is estimated to record a net profit attributable to shareholders of the Company after non- recurring gains or losses between RMB 1.5 billion to RMB 1.75 billion for the first half of 2026, representing a decrease by between RMB 1.831 billion to RMB 2.081 billion as compared with the corresponding period of the previous year, and a year-on-year decrease of 51.14% to 58.12%. During the Reporting Period, the Company achieved year-on-year growth in both sales volume and operating revenue, with continuous improvement of the Company's global brand as driven by overseas growth and the development of domestic high-value vehicle models. The year-on-year decrease in net profit for the Current Period was mainly due to the deferred recovery of income from overseas tax policy subsidies (RMB2.274 billion received in the same period last year), as well as the comprehensive exchange losses of approximately RMB266 million (unaudited) and the year-on-year decrease in exchange gains of approximately RMB1.759 billion (RMB1.493 billion in the same period last year) as a result of gains from lock exchange hedging products offset by exchange gains or losses for the Current Period affected by exchange rate fluctuations.

Hong Kong (HSI) Consumer Discretionary Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Upcoming dividend of HK$0.25 per share

ANTA Sports Products Limited to Report First Half, 2026 Results on Aug 26, 2026

LEPAS Under Chery Group Launches LEPAS L4 EV

BYD Integrates Overseas Lineups and Reveals New Models as Asia Deliveries Surpass 130,000

175: Europe Expansion And EV Technology Will Support Measured Repricing

Johnson Electric Holdings Limited Declares Final Dividend for the Year Ended March 31, 2026

1929: Margin Expansion From Cost Discipline Will Support Future Re Rating

Great Wall Motor Company Limited Provides Earning Guidance for the First Half Ended 30 June, 2026

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 23%

Co-Founder recently sold HK$3.2m worth of stock

9863: Upcoming Model Launches Will Support Future Upside Despite Sector Sales Caution

HIRONO to Open Flagship Stores in Shanghai Bangkok London and Seoul for Pop Mart

CEO & Executive Chairman of the Board recently bought HK$152m worth of stock

New minor risk - Share price stability

Now 21% undervalued