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Hong Kong (HSI) Luxury Industry Analysis

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies108
  • 7D1.1%
  • 3M2.7%
  • 1Y3.8%
  • YTD5.8%

Over the last 7 days, the Luxury industry has risen 1.1%, driven by gains in Prada and ANTA Sports Products of 6.0% and 2.3%, respectively. During this same period, the China Anchu Energy Storage Group underperformed, falling 26%. In the last 12 months, the industry was up 3.8%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Hong Kong Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026HK$929.3bHK$622.7bHK$56.9b10.8x16.3x1.5x
Wed, 21 Jan 2026HK$906.3bHK$619.1bHK$56.5b10.3x16.1x1.5x
Fri, 19 Dec 2025HK$900.8bHK$614.1bHK$55.9b10.7x16.1x1.5x
Sun, 16 Nov 2025HK$915.0bHK$610.7bHK$55.2b10.1x16.6x1.5x
Tue, 14 Oct 2025HK$893.2bHK$610.4bHK$55.2b9.5x16.2x1.5x
Thu, 11 Sep 2025HK$941.4bHK$611.8bHK$55.6b10.1x16.9x1.5x
Sat, 09 Aug 2025HK$879.8bHK$595.8bHK$54.4b10.7x16.2x1.5x
Mon, 07 Jul 2025HK$931.1bHK$595.4bHK$54.5b9.5x17.1x1.6x
Wed, 04 Jun 2025HK$914.7bHK$591.3bHK$53.2b9.5x17.2x1.5x
Fri, 02 May 2025HK$842.9bHK$582.4bHK$52.9b9x15.9x1.4x
Sun, 30 Mar 2025HK$887.3bHK$578.7bHK$52.5b10.7x16.9x1.5x
Tue, 25 Feb 2025HK$889.1bHK$566.5bHK$48.8b10.1x18.2x1.6x
Thu, 23 Jan 2025HK$822.6bHK$566.7bHK$48.8b10x16.9x1.5x
Sat, 21 Dec 2024HK$806.8bHK$564.2bHK$48.5b9.5x16.6x1.4x
Mon, 18 Nov 2024HK$778.1bHK$543.5bHK$48.0b8.6x16.2x1.4x
Wed, 16 Oct 2024HK$805.4bHK$546.8bHK$48.1b9.1x16.7x1.5x
Fri, 13 Sep 2024HK$674.0bHK$549.1bHK$48.5b7.7x13.9x1.2x
Sun, 11 Aug 2024HK$717.4bHK$532.4bHK$41.9b9.7x17.1x1.3x
Tue, 09 Jul 2024HK$749.9bHK$526.6bHK$40.9b10.4x18.3x1.4x
Thu, 06 Jun 2024HK$846.0bHK$518.1bHK$40.5b10.8x20.9x1.6x
Sat, 04 May 2024HK$874.9bHK$518.9bHK$40.2b12x21.8x1.7x
Mon, 01 Apr 2024HK$804.4bHK$520.1bHK$40.4b11x19.9x1.5x
Wed, 28 Feb 2024HK$744.5bHK$525.4bHK$35.2b9.5x21.2x1.4x
Fri, 26 Jan 2024HK$695.8bHK$526.6bHK$35.2b9x19.8x1.3x
Sun, 24 Dec 2023HK$714.6bHK$528.0bHK$35.4b9.1x20.2x1.4x
Tue, 21 Nov 2023HK$757.4bHK$526.9bHK$35.5b8.3x21.4x1.4x
Thu, 19 Oct 2023HK$829.7bHK$524.7bHK$34.9b8.3x23.8x1.6x
Sat, 16 Sep 2023HK$814.7bHK$525.2bHK$34.8b8.7x23.4x1.6x
Mon, 14 Aug 2023HK$865.9bHK$528.7bHK$36.1b11x24x1.6x
Wed, 12 Jul 2023HK$837.6bHK$528.5bHK$35.6b9.7x23.5x1.6x
Fri, 09 Jun 2023HK$836.5bHK$533.1bHK$35.1b9.1x23.9x1.6x
Sun, 07 May 2023HK$932.2bHK$540.0bHK$35.7b9.2x26.1x1.7x
Tue, 04 Apr 2023HK$984.9bHK$542.7bHK$35.4b9.4x27.8x1.8x
Thu, 02 Mar 2023HK$1.0tHK$538.7bHK$39.4b8.4x26x1.9x
Price to Earnings Ratio

26x


Total Market Cap: HK$1.0tTotal Earnings: HK$39.4bTotal Revenue: HK$538.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Hong Kong Luxury 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 16.3x which is lower than its 3-year average PE of 19.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.9% 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 industry?

HK Market0.35%
Consumer Discretionary-0.55%
Luxury1.06%
Textiles3.06%
Footwear2.92%
Apparel, Accessories and Luxury Goods0.83%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 19.5x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 8.8% per year.
  • Investors are most pessimistic about the Footwear industry, which is trading close to its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 8.8% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 8.7% 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
1913 PradaHK$43.506.0%
+HK$6.3b		-35.8%PE14.4x
2020 ANTA Sports ProductsHK$86.052.3%
+HK$5.5b		-0.6%PE14.3x
2313 Shenzhou International Group HoldingsHK$66.104.0%
+HK$3.8b		12.2%PE13.5x
2331 Li NingHK$22.826.1%
+HK$3.4b		33.8%PE18.6x
551 Yue Yuen Industrial (Holdings)HK$19.005.3%
+HK$1.5b		19.3%PE11.5x

Latest News

1913
HK$43.50
Prada
7D
6.0%
1Y
-35.8%

1913: Recovery Expectations For 2026 Will Renew Interest After Tough 2025

Analysts have trimmed their HK$ price target on Prada by a small amount, reflecting slightly adjusted fair value and growth assumptions after what they expect to be a challenging 2025, followed by a potential recovery for the wider luxury sector in 2026. Analyst Commentary Bullish Takeaways Bullish analysts see the HK$68 price target as reflecting confidence that the brand can sustain its premium positioning once conditions for luxury spending improve after the period they expect to be challenging in 2025.
1910
HK$19.96
Samsonite Group
7D
-1.9%
1Y
-10.1%

1910: Dual Listing Plans And CFO Transition Will Guide A Measured Outlook

Analysts have slightly increased their fair value estimate for Samsonite Group to around HK$19.84 from about HK$19.79, reflecting modestly revised assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Samsonite Group S.A. has proposed amendments to its Articles of Incorporation, including measures to facilitate a potential dual listing and to allow American Depositary Shares to be listed on a United States stock exchange, alongside a proposal to cancel all outstanding treasury shares following completion of any potential dual listing (Company announcement).
1440
HK$9.97
Star Shine Holdings Group
7D
9.2%
1Y
97.4%

Why Investors Shouldn't Be Surprised By Star Shine Holdings Group Limited's (HKG:1440) 25% Share Price Surge

Feb 15
Why Investors Shouldn't Be Surprised By Star Shine Holdings Group Limited's (HKG:1440) 25% Share Price Surge
3998
HK$4.77
Bosideng International Holdings
7D
-0.6%
1Y
22.9%
2299
HK$4.56
Billion Industrial Holdings
7D
-1.1%
1Y
-4.0%

Returns On Capital Signal Tricky Times Ahead For Billion Industrial Holdings (HKG:2299)

Feb 12
Returns On Capital Signal Tricky Times Ahead For Billion Industrial Holdings (HKG:2299)
3306
HK$21.78
JNBY Design
7D
4.3%
1Y
20.2%
2585
HK$16.51
Mokingran Jewellery Group
7D
-1.7%
1Y
-10.9%
2020
HK$86.05
ANTA Sports Products
7D
2.3%
1Y
-0.6%

2020: Index Removals And US Flagship Expansion Will Create Future Entry Window

Analysts have nudged their price target for ANTA Sports Products slightly higher to HK$107.18 from HK$106.77, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News ANTA plans to open its first permanent U.S. flagship store in Beverly Hills on February 13, 2026, with a 2,500 to 3,000 square foot space positioned as a brand hub for performance running, lifestyle footwear, basketball and apparel, as well as community events such as run clubs and athlete-led activities (company event details).
2313
HK$66.10
Shenzhou International Group Holdings
7D
4.0%
1Y
12.2%

Shenzhou International Group Holdings Limited (HKG:2313) Shares Could Be 29% Below Their Intrinsic Value Estimate

Feb 09
Shenzhou International Group Holdings Limited (HKG:2313) Shares Could Be 29% Below Their Intrinsic Value Estimate
2331
HK$22.82
Li Ning
7D
6.1%
1Y
33.8%

2331: Potential Puma Deal Will Drive Future Upside And Brand Expansion Potential

Analysts have nudged their price target on Li Ning slightly higher, to an implied fair value of about $34.28 from roughly $34.13, citing small tweaks to assumptions around the discount rate, revenue growth, profit margin, and forward P/E. What's in the News Media reports link Li Ning as a potential bidder for German sportswear brand Puma SE, alongside ANTA Sports and ASICS, with interest centered on a possible takeover process involving multiple parties (Bloomberg / Reuters) Reports indicate Li Ning has been discussing financing options with banks as it takes an early look at a possible Puma transaction.
551
HK$19.00
Yue Yuen Industrial (Holdings)
7D
5.3%
1Y
19.3%
1906
HK$0.57
Bonny International Holding
7D
-6.6%
1Y
70.1%

What Bonny International Holding Limited's (HKG:1906) 32% Share Price Gain Is Not Telling You

Feb 04
What Bonny International Holding Limited's (HKG:1906) 32% Share Price Gain Is Not Telling You
2399
HK$0.49
China Anchu Energy Storage Group
7D
-25.8%
1Y
145.0%
1027
HK$2.24
Asia Strategy Digit Technology Holdings
7D
-8.6%
1Y
166.7%

China Jicheng Holdings Limited's (HKG:1027) 29% Share Price Plunge Could Signal Some Risk

Jan 21
China Jicheng Holdings Limited's (HKG:1027) 29% Share Price Plunge Could Signal Some Risk
2232
HK$7.54
Crystal International Group
7D
2.3%
1Y
50.2%

Should You Be Adding Crystal International Group (HKG:2232) To Your Watchlist Today?

Jan 12
Should You Be Adding Crystal International Group (HKG:2232) To Your Watchlist Today?
2583
HK$149.70
Shenzhen Hipine Precision Technology
7D
-5.3%
1Y
n/a