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Hong Kong (HSI) Consumer Discretionary Sector Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies443
  • 7D1.4%
  • 3M-3.4%
  • 1Y7.9%
  • YTD1.4%

In the last week, the Consumer Discretionary industry is up 1.7%, with Pop Mart International Group leading the way, up 9.6%. During this same period, the ANTA Sports Products underperformed, falling 5.6%. This takes the industry's 12 month performance to a gain of 8.0%. Looking forward, earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Jan 2026HK$5.3tHK$5.1tHK$222.1b10.7x23.8x1x
Fri, 26 Dec 2025HK$5.2tHK$5.1tHK$219.8b10.6x23.5x1x
Sun, 23 Nov 2025HK$5.0tHK$5.0tHK$250.7b10.6x20.1x1x
Tue, 21 Oct 2025HK$5.4tHK$5.0tHK$254.6b10.8x21x1.1x
Thu, 18 Sep 2025HK$5.4tHK$4.8tHK$235.2b10.9x23.1x1.1x
Sat, 16 Aug 2025HK$5.4tHK$4.6tHK$242.6b11.6x22.3x1.2x
Mon, 14 Jul 2025HK$5.3tHK$4.6tHK$247.5b10.8x21.5x1.2x
Wed, 11 Jun 2025HK$6.9tHK$4.6tHK$242.6b10.7x28.3x1.5x
Fri, 09 May 2025HK$5.2tHK$4.6tHK$230.3b10.5x22.6x1.1x
Sun, 06 Apr 2025HK$5.2tHK$4.5tHK$227.4b10.2x22.8x1.2x
Tue, 04 Mar 2025HK$5.1tHK$4.3tHK$213.2b10.8x23.7x1.2x
Thu, 30 Jan 2025HK$4.3tHK$4.3tHK$201.4b10.1x21.1x1x
Sat, 28 Dec 2024HK$4.3tHK$4.2tHK$198.9b9.8x21.7x1x
Mon, 25 Nov 2024HK$4.2tHK$4.2tHK$193.6b9.8x21.9x1x
Wed, 23 Oct 2024HK$4.5tHK$4.3tHK$194.4b9.5x23x1.1x
Fri, 20 Sep 2024HK$3.7tHK$4.3tHK$196.2b8.6x18.8x0.9x
Sun, 18 Aug 2024HK$3.4tHK$4.1tHK$177.0b8.4x19.4x0.8x
Tue, 16 Jul 2024HK$3.8tHK$4.1tHK$173.8b8.8x21.7x0.9x
Thu, 13 Jun 2024HK$3.9tHK$4.0tHK$175.0b9.3x22.5x1x
Sat, 11 May 2024HK$4.1tHK$4.0tHK$172.6b9.4x23.5x1x
Mon, 08 Apr 2024HK$3.7tHK$4.0tHK$169.8b9.2x21.8x0.9x
Wed, 06 Mar 2024HK$3.4tHK$3.9tHK$164.0b9.5x20.9x0.9x
Fri, 02 Feb 2024HK$3.1tHK$3.9tHK$157.0b9.2x19.9x0.8x
Sun, 31 Dec 2023HK$3.6tHK$3.9tHK$156.8b10.2x23.1x0.9x
Tue, 28 Nov 2023HK$3.9tHK$3.8tHK$153.1b10x25.5x1x
Thu, 26 Oct 2023HK$4.0tHK$3.8tHK$141.4b9.2x28.4x1.1x
Sat, 23 Sep 2023HK$4.2tHK$3.8tHK$140.5b9.5x30.1x1.1x
Mon, 21 Aug 2023HK$4.3tHK$3.6tHK$126.2b10.3x34.4x1.2x
Wed, 19 Jul 2023HK$4.5tHK$3.6tHK$122.9b10.8x37x1.3x
Fri, 16 Jun 2023HK$4.7tHK$3.6tHK$114.1b10.6x41.1x1.3x
Sun, 14 May 2023HK$4.6tHK$3.7tHK$108.6b10.4x42.6x1.2x
Tue, 11 Apr 2023HK$4.8tHK$3.7tHK$109.0b10.5x44x1.3x
Thu, 09 Mar 2023HK$5.1tHK$3.6tHK$95.7b10.1x53.2x1.4x
Sat, 04 Feb 2023HK$5.8tHK$3.7tHK$103.4b10.9x56.2x1.6x
Price to Earnings Ratio

56.2x


Total Market Cap: HK$5.8tTotal Earnings: HK$103.4bTotal Revenue: HK$3.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Consumer Discretionary Sector Price to Earnings3Y Average 26.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Hong Kong Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.9x which is lower than its 3-year average PE of 26.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market1.90%
Consumer Discretionary1.36%
Consumer Durables12.57%
Specialty Stores7.44%
Leisure6.39%
Retail Distributors5.50%
Auto Components4.95%
General Merchandise and Department Stores2.06%
Hospitality0.66%
Luxury0.01%
Online Retail and Ecommerce0%0
Auto-0.75%
Consumer Services-1.38%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 38.1%, which is higher than its past year's earnings growth of 0.08% per year.
Forecasted Growth
  • Analysts are most optimistic on the Auto Components industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Retail Distributors 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
9992 Pop Mart International GroupHK$231.4019.0%
+HK$49.1b		146.2%PE40.3x
1211 BYDHK$102.803.8%
+HK$34.1b		13.0%PE21.7x
6181 Laopu GoldHK$825.5015.9%
+HK$20.0b		98.4%PE41.1x
1929 Chow Tai Fook Jewellery GroupHK$15.1210.3%
+HK$13.9b		115.7%PE25.2x
6600 OneRobotics (Shenzhen)HK$183.6045.1%
+HK$12.7b		n/aPE944.2x

Latest News

2020
HK$77.00
ANTA Sports Products
7D
-2.7%
1Y
-6.7%
9973
HK$28.64
Chery Automobile
7D
-6.0%
1Y
n/a
27
HK$42.20
Galaxy Entertainment Group
7D
3.9%
1Y
26.9%

Galaxy Entertainment Group Limited's (HKG:27) Business Is Yet to Catch Up With Its Share Price

Jan 26
Galaxy Entertainment Group Limited's (HKG:27) Business Is Yet to Catch Up With Its Share Price
1913
HK$40.28
Prada
7D
-2.6%
1Y
-35.7%

1913: Recovery Setup In 2026 Balances Margin Concerns And Reduced Market Multiple

Prada’s updated analyst price target moves from about $45.04 to $40.27, as analysts factor in higher assumed revenue growth, slightly lower profit margins, and a reduced future P/E, while still describing a potential recovery setup for luxury in 2026. Analyst Commentary Recent research frames Prada as part of a potential recovery setup for luxury in 2026.
9863
HK$42.78
Zhejiang Leapmotor Technology
7D
-5.2%
1Y
32.7%

9863: Electronics Self Reliance And Long-Term Outlook Will Support Future Bullish Re-Rating

Analysts have trimmed their fair value estimate for Zhejiang Leapmotor Technology from HK$59.80 to about HK$58.72, reflecting updated assumptions around revenue growth, profit margins and future P/E multiples following recent Street research on the sector. Analyst Commentary Recent research on Zhejiang Leapmotor Technology highlights a mixed setup for investors, with some upside scenarios balanced by clear execution and competitive risks.
9992
HK$231.40
Pop Mart International Group
7D
19.0%
1Y
146.2%
6181
HK$825.50
Laopu Gold
7D
15.9%
1Y
98.4%
2473
HK$11.83
XXF Group Holdings
7D
-20.7%
1Y
118.7%
1929
HK$15.12
Chow Tai Fook Jewellery Group
7D
10.3%
1Y
115.7%

1929: Dividend And Overseas Expansion Will Support Future Re Rating Potential

Analysts have kept their price target for Chow Tai Fook Jewellery Group broadly steady around HK$17.51, with only marginal tweaks that reflect slightly updated assumptions for discount rate, revenue growth, profit margin, and forward P/E, rather than any major change in their view of the business. What's in the News Opened a key store in Bangkok’s Siam Paragon, a high profile Southeast Asian luxury mall, adding to a global network of over 5,000 stores and focusing on cultural heritage and modern design in the store concept (Key Developments).
3931
HK$24.84
CALB Group
7D
-11.7%
1Y
76.4%
2097
HK$397.60
MIXUE Group
7D
-9.9%
1Y
n/a
2889
HK$270.20
PATEO CONNECT Technology (Shanghai)
7D
18.1%
1Y
n/a
1364
HK$28.40
Guming Holdings
7D
-4.1%
1Y
n/a
1211
HK$102.80
BYD
7D
3.8%
1Y
13.0%
6600
HK$183.60
OneRobotics (Shenzhen)
7D
45.1%
1Y
n/a
3690
HK$98.35
Meituan
7D
1.1%
1Y
-33.6%