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Hong Kong (HSI) Luxury Industry Analysis

UpdatedMay 30, 2026
DataAggregated Company Financials
Companies110
  • 7D-0.6%
  • 3M-17.4%
  • 1Y-15.5%
  • YTD-12.0%

The Luxury industry has been flat over the last week, but Star Shine Holdings Group has lost 24%. Unfortunately though, the industry is down 16% over the past 12 months. Looking forward, earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 30 May 2026HK$774.5bHK$647.6bHK$59.3b9.2x13.1x1.2x
Mon, 27 Apr 2026HK$835.5bHK$644.6bHK$59.4b10.1x14.1x1.3x
Wed, 25 Mar 2026HK$840.4bHK$633.5bHK$59.3b9.3x14.2x1.3x
Fri, 20 Feb 2026HK$929.2bHK$622.6bHK$56.9b10.8x16.3x1.5x
Sun, 18 Jan 2026HK$894.5bHK$618.0bHK$56.3b10.2x15.9x1.4x
Tue, 16 Dec 2025HK$897.0bHK$614.0bHK$55.9b10.6x16.1x1.5x
Thu, 13 Nov 2025HK$915.6bHK$610.4bHK$55.3b10.2x16.6x1.5x
Sat, 11 Oct 2025HK$896.4bHK$611.2bHK$55.3b9.7x16.2x1.5x
Mon, 08 Sep 2025HK$923.3bHK$611.6bHK$55.6b10.4x16.6x1.5x
Wed, 06 Aug 2025HK$872.8bHK$595.3bHK$54.3b10.6x16.1x1.5x
Fri, 04 Jul 2025HK$948.2bHK$601.9bHK$55.3b9.6x17.1x1.6x
Sun, 01 Jun 2025HK$906.4bHK$590.4bHK$53.2b9.5x17x1.5x
Tue, 29 Apr 2025HK$841.9bHK$581.7bHK$52.9b9x15.9x1.4x
Thu, 27 Mar 2025HK$862.1bHK$578.7bHK$52.8b10.5x16.3x1.5x
Sat, 22 Feb 2025HK$882.3bHK$566.1bHK$48.7b10.2x18.1x1.6x
Mon, 20 Jan 2025HK$799.0bHK$563.5bHK$48.4b9.5x16.5x1.4x
Wed, 18 Dec 2024HK$812.4bHK$565.0bHK$48.6b9.3x16.7x1.4x
Fri, 15 Nov 2024HK$780.6bHK$543.0bHK$47.8b8.8x16.3x1.4x
Sun, 13 Oct 2024HK$857.0bHK$548.9bHK$48.3b9.1x17.7x1.6x
Tue, 10 Sep 2024HK$696.2bHK$549.0bHK$48.5b8.4x14.4x1.3x
Thu, 08 Aug 2024HK$718.1bHK$532.2bHK$41.9b9.6x17.2x1.3x
Sat, 06 Jul 2024HK$754.2bHK$526.7bHK$40.9b10.5x18.4x1.4x
Mon, 03 Jun 2024HK$831.2bHK$518.8bHK$40.7b10.9x20.4x1.6x
Wed, 01 May 2024HK$847.4bHK$519.2bHK$40.2b11.3x21.1x1.6x
Fri, 29 Mar 2024HK$804.4bHK$518.8bHK$40.5b10.4x19.9x1.6x
Sun, 25 Feb 2024HK$751.7bHK$525.5bHK$35.2b9.4x21.3x1.4x
Tue, 23 Jan 2024HK$648.0bHK$525.7bHK$35.1b8.7x18.4x1.2x
Thu, 21 Dec 2023HK$729.4bHK$527.2bHK$35.3b9.2x20.7x1.4x
Sat, 18 Nov 2023HK$742.7bHK$525.5bHK$35.3b8.3x21x1.4x
Mon, 16 Oct 2023HK$810.7bHK$524.8bHK$34.9b8.5x23.2x1.5x
Wed, 13 Sep 2023HK$820.9bHK$524.8bHK$34.8b8.7x23.6x1.6x
Fri, 11 Aug 2023HK$870.7bHK$530.6bHK$36.6b10.1x23.8x1.6x
Sun, 09 Jul 2023HK$801.3bHK$527.6bHK$35.6b9.3x22.5x1.5x
Tue, 06 Jun 2023HK$831.2bHK$533.5bHK$35.1b9.4x23.7x1.6x
Price to Earnings Ratio

23.7x


Total Market Cap: HK$831.2bTotal Earnings: HK$35.1bTotal Revenue: HK$533.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 18.3x202420252026
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 13.1x which is lower than its 3-year average PE of 18.3x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 6.7% 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-1.58%
Consumer Discretionary-1.65%
Luxury-0.59%
Footwear3.00%
Apparel, Accessories and Luxury Goods-0.032%
Textiles-11.97%
Industry PE
  • Investors are most optimistic about the Textiles industry even though it's trading below its 3-year average PE ratio of 67.6x.
    • Analysts are expecting annual earnings growth of 9.2%, which is higher than its past year's earnings decline of 6.3% per year.
  • Investors are most pessimistic about the Footwear industry, which is trading close to its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 9.5% over the next 5 years.
  • This is better than its past earnings growth rate of 2.0% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 6.8% 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
2020 ANTA Sports ProductsHK$75.800.9%
+HK$1.8b		-20.6%PE13.5x
1028 C.banner International HoldingsHK$1.5354.5%
+HK$1.3b		500.0%PS2.7x
3998 Bosideng International HoldingsHK$4.251.9%
+HK$929.7m		-3.4%PE11.9x
2232 Crystal International GroupHK$6.032.9%
+HK$485.0m		21.1%PE9.8x
551 Yue Yuen Industrial (Holdings)HK$14.671.9%
+HK$433.5m		24.1%PE8.8x

Latest News

1028
HK$1.53
C.banner International Holdings
7D
54.5%
1Y
500.0%
2232
HK$6.03
Crystal International Group
7D
2.9%
1Y
21.1%
551
HK$14.67
Yue Yuen Industrial (Holdings)
7D
1.9%
1Y
24.1%
1368
HK$4.24
Xtep International Holdings
7D
2.4%
1Y
-28.5%
Narrative Update • May 27

1368: Future Returns Will Reflect Slightly Higher Fair Value And Resilient Margins

Analysts have nudged their HK$ price target for Xtep International Holdings slightly higher, reflecting small updates to fair value, discount rate, revenue growth and profit margin assumptions, while keeping future P/E expectations broadly in line with prior views. Valuation Changes Fair Value: HK$5.04 to HK$5.08, indicating a very small upward adjustment to the modelled estimate.
264
HK$2.36
China International Development
7D
29.7%
1Y
58.4%
933
HK$0.45
Viva Goods
7D
-21.1%
1Y
42.9%
6181
HK$504.00
Laopu Gold
7D
-0.3%
1Y
-42.5%
2678
HK$6.31
Texhong International Group
7D
-5.8%
1Y
85.6%
Analysis Article • May 20

Is Now An Opportune Moment To Examine Texhong International Group Limited (HKG:2678)?

Texhong International Group Limited ( HKG:2678 ), is not the largest company out there, but it saw a double-digit share...
2583
HK$68.80
Shenzhen Hipine Precision Technology
7D
-13.8%
1Y
n/a
3998
HK$4.25
Bosideng International Holdings
7D
1.9%
1Y
-3.4%
2299
HK$5.00
Billion Industrial Holdings
7D
2.2%
1Y
13.6%
2020
HK$75.80
ANTA Sports Products
7D
0.9%
1Y
-20.6%
Narrative Update • May 11

2020: Future Dividend Policy Will Support Upside Potential

Analysts now see only a marginal change in fair value for ANTA Sports Products, nudging their price target to about HK$105.03 as small tweaks to discount rate assumptions and expected P/E levels slightly adjust their valuation framework. What's in the News ANTA Sports Products Limited has recommended a final dividend of HK$1.08 per ordinary share for the financial year ending 31 December 2025 (Key Developments).
2331
HK$18.20
Li Ning
7D
-0.5%
1Y
21.5%
Narrative Update • May 08

2331: Upcoming Results And Dividend Decision Will Underpin Upgraded Broker Confidence

Analysts have raised their price target on Li Ning to HK$35.54 from HK$34.98, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations. Analyst Commentary Recent research points to a more constructive stance on Li Ning, with bullish analysts adjusting their models to reflect updated assumptions on growth, margins and valuation multiples.
1361
HK$4.73
361 Degrees International
7D
-4.6%
1Y
9.7%
1440
HK$13.84
Star Shine Holdings Group
7D
-23.9%
1Y
132.2%
1121
HK$0.90
Golden Solar New Energy Technology Holdings
7D
-11.8%
1Y
-44.8%