Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Hong Kong (HSI) Luxury Industry Analysis

UpdatedSep 10, 2026
DataAggregated Company Financials
Companies107
  • 7D-1.3%
  • 3M-4.3%
  • 1Y-23.1%
  • YTD-17.6%

Over the last 7 days, the Luxury industry has dropped 1.3%, driven by ANTA Sports Products declining 3.8%. However, the industry is down 23% over the past year. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Sep 2026HK$725.1bHK$680.2bHK$66.0b8.1x11x1.1x
Sat, 08 Aug 2026HK$753.1bHK$656.4bHK$58.7b8.8x12.8x1.1x
Mon, 06 Jul 2026HK$729.2bHK$651.3bHK$59.1b8.6x12.3x1.1x
Wed, 03 Jun 2026HK$794.4bHK$648.2bHK$59.4b9.3x13.4x1.2x
Fri, 01 May 2026HK$811.7bHK$645.1bHK$59.4b10.1x13.7x1.3x
Sun, 29 Mar 2026HK$825.5bHK$640.2bHK$59.2b9.3x13.9x1.3x
Tue, 24 Feb 2026HK$951.7bHK$623.0bHK$56.9b10.7x16.7x1.5x
Thu, 22 Jan 2026HK$892.8bHK$618.8bHK$56.4b10.4x15.8x1.4x
Sat, 20 Dec 2025HK$893.1bHK$614.0bHK$55.9b10.5x16x1.5x
Mon, 17 Nov 2025HK$915.0bHK$610.7bHK$55.2b10.1x16.6x1.5x
Wed, 15 Oct 2025HK$871.8bHK$609.8bHK$55.2b9.4x15.8x1.4x
Fri, 12 Sep 2025HK$921.4bHK$611.6bHK$55.6b10x16.6x1.5x
Sun, 10 Aug 2025HK$879.8bHK$595.7bHK$54.4b10.7x16.2x1.5x
Tue, 08 Jul 2025HK$932.2bHK$594.8bHK$54.4b9.3x17.1x1.6x
Thu, 05 Jun 2025HK$919.7bHK$591.3bHK$53.2b9.5x17.3x1.6x
Sat, 03 May 2025HK$851.4bHK$582.2bHK$52.7b9x16.2x1.5x
Mon, 31 Mar 2025HK$887.3bHK$578.7bHK$52.1b10.7x17x1.5x
Wed, 26 Feb 2025HK$870.2bHK$566.1bHK$48.6b10x17.9x1.5x
Fri, 24 Jan 2025HK$816.2bHK$565.7bHK$48.7b9.9x16.8x1.4x
Sun, 22 Dec 2024HK$806.8bHK$564.6bHK$48.6b9.5x16.6x1.4x
Tue, 19 Nov 2024HK$776.5bHK$543.5bHK$48.0b8.4x16.2x1.4x
Thu, 17 Oct 2024HK$795.4bHK$547.1bHK$48.1b9.1x16.5x1.5x
Sat, 14 Sep 2024HK$680.1bHK$550.1bHK$48.6b7.7x14x1.2x
Mon, 12 Aug 2024HK$717.4bHK$532.4bHK$41.9b9.7x17.1x1.3x
Wed, 10 Jul 2024HK$742.5bHK$526.6bHK$40.9b10.5x18.2x1.4x
Fri, 07 Jun 2024HK$849.8bHK$518.2bHK$40.5b10.8x21x1.6x
Sun, 05 May 2024HK$874.9bHK$518.9bHK$40.2b12x21.8x1.7x
Tue, 02 Apr 2024HK$804.4bHK$519.9bHK$40.3b11x20x1.5x
Thu, 29 Feb 2024HK$733.5bHK$526.0bHK$35.4b9.3x20.7x1.4x
Sat, 27 Jan 2024HK$691.2bHK$527.6bHK$35.3b8.9x19.6x1.3x
Mon, 25 Dec 2023HK$714.6bHK$528.0bHK$35.4b9.1x20.2x1.4x
Wed, 22 Nov 2023HK$756.5bHK$528.1bHK$35.6b8.3x21.3x1.4x
Fri, 20 Oct 2023HK$804.5bHK$524.6bHK$34.9b8.1x23.1x1.5x
Sun, 17 Sep 2023HK$822.0bHK$524.9bHK$34.8b8.7x23.6x1.6x
Price to Earnings Ratio

23.6x


Total Market Cap: HK$822.0bTotal Earnings: HK$34.8bTotal Revenue: HK$524.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 17.2x202420252026
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 11.0x which is lower than its 3-year average PE of 17.2x.
  • 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 24% per year over the last three years.
  • Revenues for these companies have grown 9.0% 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 Market-0.34%
Consumer Discretionary-2.51%
Luxury-1.34%
Footwear-0.55%
Apparel, Accessories and Luxury Goods-1.13%
Textiles-5.42%
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 17.3x.
    • Analysts are expecting annual earnings growth of 6.8%, which is lower than the prior year's growth of 8.6% per year.
  • Investors are most pessimistic about the Textiles industry, which is trading below its 3-year average of 15.9x.
Forecasted Growth
  • Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Textiles industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
1910 Samsonite GroupHK$12.754.7%
+HK$777.4m		-23.7%PE8.5x
3998 Bosideng International HoldingsHK$4.361.4%
+HK$698.0m		-7.1%PE10.9x
3306 JNBY DesignHK$21.003.0%
+HK$327.8m		5.7%PE9.5x
6181 Laopu GoldHK$387.600.5%
+HK$318.1m		-46.8%PE8.5x
1466 Baijin Life Science HoldingsHK$1.2725.1%
+HK$237.7m		161.9%PS13.3x

Latest News

2111
HK$2.73
Best Pacific International Holdings
7D
3.6%
1Y
-24.8%
3306
HK$21.00
JNBY Design
7D
3.0%
1Y
5.7%
1913
HK$38.50
Prada
7D
-2.7%
1Y
-16.3%
Narrative Update • Sep 08

1913: Trough Multiples And Leadership Transition Will Frame 2026 Earnings Test

Analysts have lifted their fair value estimate for Prada from HK$33.08 to HK$37.91, citing recent price targets around HK$42 and updated assumptions on discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research on Prada points to a more measured stance from several bearish analysts.
1440
HK$11.43
Star Shine Holdings Group
7D
-9.4%
1Y
3.4%
1825
HK$10.60
Sterling Group Holdings
7D
21.4%
1Y
579.5%
2313
HK$35.26
Shenzhou International Group Holdings
7D
-3.3%
1Y
-40.9%
2583
HK$74.25
Shenzhen Hipine Precision Technology
7D
-10.0%
1Y
n/a
1368
HK$3.37
Xtep International Holdings
7D
-6.8%
1Y
-48.5%
Narrative Update • Sep 03

1368: New Running Product Cycle Will Support Future Margin And Dividend Confidence

Analysts have reduced their 12 month price target for Xtep International Holdings to HK$4.88 from HK$5.22, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What’s in the News for Xtep International Holdings Xtep hosted its 2026 Full Scenario Running New Product Launch Conference in Shanghai, introducing a dual flagship product matrix built around GT1200 carbon racing technology and XTEP FLOAT zero gravity cushioning technology.
2020
HK$72.05
ANTA Sports Products
7D
-5.0%
1Y
-23.3%
Narrative Update • Sep 03

2020: Future Dividend Support Will Reflect AI Expansion And Overseas Reach

Analysts have adjusted their fair value estimate for ANTA Sports Products from HK$102.51 to HK$104.62, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E levels. What's in the News for ANTA Sports Products ANTA Sports Products reported first half net profit of ¥9.49b, which the source describes as a 34.9% jump, with revenue up 12.9% for the same period.
116
HK$13.16
Chow Sang Sang Holdings International
7D
-7.6%
1Y
-8.5%
6181
HK$387.60
Laopu Gold
7D
0.5%
1Y
-46.8%
1910
HK$12.75
Samsonite Group
7D
4.7%
1Y
-23.7%
Narrative Update • Aug 25

1910: Portfolio Expansion And Cash Returns Will Drive Future Shareholder Value

Analysts have trimmed their HK$ price target for Samsonite Group to reflect updated fair value estimates of HK$21.42, influenced by slightly higher discount rate assumptions, more moderate revenue growth expectations, softer profit margin forecasts, and a lower future P/E multiple. What’s in the News for Samsonite Group Samsonite Group agreed to acquire a majority stake in BÉIS, a digitally focused lifestyle and travel brand co founded by Shay Mitchell, in a US$210 million transaction that expands its travel and lifestyle portfolio.
1466
HK$1.27
Baijin Life Science Holdings
7D
25.1%
1Y
161.9%
3998
HK$4.36
Bosideng International Holdings
7D
1.4%
1Y
-7.1%
2232
HK$6.74
Crystal International Group
7D
-3.7%
1Y
-2.5%
8041
HK$0.63
IntelliMark AI International
7D
17.8%
1Y
-3.1%