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Hong Kong (HSI) Luxury Industry Analysis

UpdatedAug 01, 2026
DataAggregated Company Financials
Companies109
  • 7D2.9%
  • 3M-5.9%
  • 1Y-11.3%
  • YTD-13.1%

Over the last 7 days, the Luxury industry has dropped 1.4%, driven by a pullback from Laopu Gold of 13%. In contrast, Prada has gained 12%. The industry has fallen 15% in the last year. As for the next few years, earnings are expected to grow by 8.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Aug 2026HK$764.7bHK$656.3bHK$58.7b9x13x1.2x
Mon, 29 Jun 2026HK$699.3bHK$646.5bHK$58.8b8.7x11.9x1.1x
Wed, 27 May 2026HK$778.0bHK$646.8bHK$59.2b9.6x13.1x1.2x
Fri, 24 Apr 2026HK$841.7bHK$644.4bHK$59.3b10.3x14.2x1.3x
Sun, 22 Mar 2026HK$831.1bHK$623.1bHK$57.5b9.3x14.5x1.3x
Tue, 17 Feb 2026HK$929.2bHK$623.1bHK$57.0b10.8x16.3x1.5x
Thu, 15 Jan 2026HK$891.0bHK$618.0bHK$56.3b10.4x15.8x1.4x
Sat, 13 Dec 2025HK$894.7bHK$613.8bHK$55.8b10.3x16x1.5x
Mon, 10 Nov 2025HK$870.0bHK$610.5bHK$55.3b9.7x15.7x1.4x
Wed, 08 Oct 2025HK$917.2bHK$611.7bHK$55.4b9.8x16.6x1.5x
Fri, 05 Sep 2025HK$916.9bHK$611.2bHK$55.5b10x16.5x1.5x
Sun, 03 Aug 2025HK$853.1bHK$594.4bHK$54.2b10.4x15.7x1.4x
Tue, 01 Jul 2025HK$953.3bHK$602.1bHK$55.1b9.3x17.3x1.6x
Thu, 29 May 2025HK$990.1bHK$590.5bHK$53.2b9.9x18.6x1.7x
Sat, 26 Apr 2025HK$835.8bHK$582.1bHK$52.9b8.7x15.8x1.4x
Mon, 24 Mar 2025HK$885.1bHK$578.8bHK$51.8b9.9x17.1x1.5x
Wed, 19 Feb 2025HK$874.1bHK$565.4bHK$48.7b10.2x18x1.5x
Fri, 17 Jan 2025HK$802.8bHK$563.4bHK$48.4b9.6x16.6x1.4x
Sun, 15 Dec 2024HK$815.9bHK$565.7bHK$48.7b9.3x16.8x1.4x
Tue, 12 Nov 2024HK$824.7bHK$543.5bHK$47.5b9.6x17.3x1.5x
Thu, 10 Oct 2024HK$826.0bHK$549.2bHK$48.4b8.8x17.1x1.5x
Sat, 07 Sep 2024HK$718.8bHK$550.3bHK$48.7b8.7x14.8x1.3x
Mon, 05 Aug 2024HK$713.2bHK$533.2bHK$42.0b9.5x17x1.3x
Wed, 03 Jul 2024HK$773.0bHK$526.3bHK$40.8b10.3x18.9x1.5x
Fri, 31 May 2024HK$832.3bHK$518.8bHK$40.7b11.1x20.4x1.6x
Sun, 28 Apr 2024HK$845.0bHK$519.2bHK$40.2b11.5x21x1.6x
Tue, 26 Mar 2024HK$777.3bHK$514.0bHK$37.3b9.7x20.8x1.5x
Thu, 22 Feb 2024HK$734.8bHK$525.5bHK$35.2b9.4x20.9x1.4x
Sat, 20 Jan 2024HK$667.1bHK$528.6bHK$35.4b8.9x18.9x1.3x
Mon, 18 Dec 2023HK$730.4bHK$527.7bHK$35.3b9.4x20.7x1.4x
Wed, 15 Nov 2023HK$770.2bHK$523.1bHK$35.1b8.4x21.9x1.5x
Fri, 13 Oct 2023HK$819.4bHK$525.2bHK$34.9b8.6x23.5x1.6x
Sun, 10 Sep 2023HK$821.4bHK$523.5bHK$34.7b8.4x23.7x1.6x
Tue, 08 Aug 2023HK$870.6bHK$530.5bHK$36.6b10.1x23.8x1.6x
Price to Earnings Ratio

23.8x


Total Market Cap: HK$870.6bTotal Earnings: HK$36.6bTotal Revenue: HK$530.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 17.6x202420252026
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 12.6x which is lower than its 3-year average PE of 17.6x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market2.63%
Consumer Discretionary4.73%
Luxury2.88%
Apparel, Accessories and Luxury Goods3.20%
Footwear2.92%
Textiles-1.77%
Industry PE
  • Investors are most optimistic about the Textiles industry which is trading above its 3-year average PE ratio of 12.1x.
    • Analysts are expecting annual earnings growth of 9.0%, which is higher than its past year's earnings growth of 2.3% per year.
  • Investors are most pessimistic about the Footwear industry, which is trading below its 3-year average of 11.8x.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 9.0% over the next 5 years.
  • This is better than its past earnings growth rate of 2.3% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 5.7% 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$43.2611.8%
+HK$11.7b		6.6%PE15.5x
2020 ANTA Sports ProductsHK$78.954.1%
+HK$8.7b		-11.9%PE14x
2313 Shenzhou International Group HoldingsHK$44.584.7%
+HK$3.0b		-20.5%PE9.9x
2232 Crystal International GroupHK$6.4813.9%
+HK$2.3b		14.5%PE10.5x
3998 Bosideng International HoldingsHK$4.944.0%
+HK$2.2b		13.0%PE12.4x

Latest News

2331
HK$15.15
Li Ning
7D
5.1%
1Y
-7.4%
Narrative Update • Jul 29

2331: Dividend Policy Will Support Future Margin Upside

Analysts have reduced their fair value estimate for Li Ning from about HK$25.84 to around HK$22.56. This reflects updated views on slightly lower revenue growth, a modestly softer profit margin and a recalibration of the future P/E multiple.
6181
HK$324.80
Laopu Gold
7D
-13.4%
1Y
-52.9%
3998
HK$4.94
Bosideng International Holdings
7D
4.0%
1Y
13.0%
551
HK$14.18
Yue Yuen Industrial (Holdings)
7D
3.6%
1Y
15.5%
2020
HK$78.95
ANTA Sports Products
7D
4.1%
1Y
-11.9%
Narrative Update • Jul 21

2020: Future Dividend Support Will Reflect Steady Expansion And Puma Stake

Analysts have trimmed their fair value estimate for ANTA Sports Products from about HK$104.78 to around HK$102.51. This reflects slightly updated assumptions on discount rate, revenue growth, profit margin, and future P/E.
2585
HK$25.38
Mokingran Jewellery Group
7D
-23.1%
1Y
99.8%
2678
HK$6.57
Texhong International Group
7D
-1.6%
1Y
38.3%
Analysis Article • Jul 20

Does Texhong International Group (HKG:2678) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
2313
HK$44.58
Shenzhou International Group Holdings
7D
4.7%
1Y
-20.5%
1913
HK$43.26
Prada
7D
11.8%
1Y
6.6%
Narrative Update • Jul 14

1913: 2026 Earnings Update Will Test Confidence In Trough Multiples

Analysts have trimmed their Prada price target to HK$42, down from HK$51. This reflects updated assumptions that include a lower fair value estimate, a slightly reduced future P/E multiple, and modestly adjusted views on discount rate, revenue growth, and profit margin.
3306
HK$20.72
JNBY Design
7D
10.0%
1Y
14.1%
Analysis Article • Jul 07

Should You Be Adding JNBY Design (HKG:3306) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
1028
HK$0.75
C.banner International Holdings
7D
-6.3%
1Y
262.3%
2232
HK$6.48
Crystal International Group
7D
13.9%
1Y
14.5%
933
HK$0.34
Viva Goods
7D
-2.8%
1Y
-34.9%
1440
HK$12.86
Star Shine Holdings Group
7D
-4.3%
1Y
51.3%
1027
HK$3.64
Asia Strategy Digit Technology Holdings
7D
-11.2%
1Y
186.6%
1906
HK$0.45
Bonny International Holding
7D
-13.5%
1Y
38.5%