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Hong Kong (HSI) Luxury Industry Analysis

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies108
  • 7D-0.7%
  • 3M4.0%
  • 1Y4.9%
  • YTD3.2%

Over the last 7 days, the Luxury industry has remained flat, although notably Laopu Gold declined by 6.0%. As for the the longer term, the industry is up 4.9% over the past 12 months. Looking forward, 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
Fri, 06 Feb 2026HK$906.5bHK$621.2bHK$56.7b10.1x16x1.5x
Sun, 04 Jan 2026HK$877.6bHK$616.9bHK$56.2b9.9x15.6x1.4x
Tue, 02 Dec 2025HK$924.0bHK$612.7bHK$55.7b10.1x16.6x1.5x
Thu, 30 Oct 2025HK$906.4bHK$611.8bHK$55.4b9.6x16.3x1.5x
Sat, 27 Sep 2025HK$891.2bHK$610.3bHK$55.4b9.7x16.1x1.5x
Mon, 25 Aug 2025HK$936.3bHK$604.8bHK$56.1b10.3x16.7x1.5x
Wed, 23 Jul 2025HK$915.4bHK$594.6bHK$54.4b9.9x16.8x1.5x
Fri, 20 Jun 2025HK$868.0bHK$592.1bHK$53.2b8.9x16.3x1.5x
Sun, 18 May 2025HK$868.7bHK$587.6bHK$52.8b9.7x16.4x1.5x
Tue, 15 Apr 2025HK$828.6bHK$581.1bHK$52.8b8.8x15.7x1.4x
Thu, 13 Mar 2025HK$936.9bHK$573.4bHK$49.1b10x19.1x1.6x
Sat, 08 Feb 2025HK$861.6bHK$565.5bHK$48.6b9.9x17.7x1.5x
Mon, 06 Jan 2025HK$798.8bHK$563.3bHK$48.4b9.9x16.5x1.4x
Wed, 04 Dec 2024HK$783.5bHK$565.9bHK$48.7b9.6x16.1x1.4x
Fri, 01 Nov 2024HK$804.1bHK$546.8bHK$48.1b9x16.7x1.5x
Sun, 29 Sep 2024HK$836.0bHK$552.1bHK$48.8b8.8x17.1x1.5x
Tue, 27 Aug 2024HK$724.0bHK$537.5bHK$43.4b9.2x16.7x1.3x
Thu, 25 Jul 2024HK$711.8bHK$526.4bHK$40.9b10.1x17.4x1.4x
Sat, 22 Jun 2024HK$784.0bHK$516.6bHK$40.3b10.4x19.5x1.5x
Mon, 20 May 2024HK$852.9bHK$518.5bHK$40.7b11.7x20.9x1.6x
Wed, 17 Apr 2024HK$783.3bHK$519.4bHK$40.3b10.9x19.4x1.5x
Fri, 15 Mar 2024HK$800.0bHK$529.2bHK$36.9b9.5x21.7x1.5x
Sun, 11 Feb 2024HK$695.0bHK$526.5bHK$35.3b9x19.7x1.3x
Tue, 09 Jan 2024HK$680.2bHK$526.6bHK$35.2b8.6x19.3x1.3x
Thu, 07 Dec 2023HK$719.4bHK$526.2bHK$35.2b8.9x20.5x1.4x
Sat, 04 Nov 2023HK$807.3bHK$525.1bHK$35.0b8.3x23.1x1.5x
Mon, 02 Oct 2023HK$803.6bHK$526.4bHK$35.0b8.5x23x1.5x
Wed, 30 Aug 2023HK$829.8bHK$529.3bHK$35.2b8.5x23.6x1.6x
Fri, 28 Jul 2023HK$872.3bHK$529.4bHK$35.7b10.1x24.4x1.6x
Sun, 25 Jun 2023HK$820.9bHK$529.4bHK$36.0b9.4x22.8x1.6x
Tue, 23 May 2023HK$856.5bHK$536.4bHK$35.4b9.3x24.2x1.6x
Thu, 20 Apr 2023HK$950.4bHK$540.5bHK$35.7b9.2x26.6x1.8x
Sat, 18 Mar 2023HK$948.3bHK$541.9bHK$40.3b8.1x23.5x1.8x
Mon, 13 Feb 2023HK$1.0tHK$541.5bHK$39.8b8.8x25.9x1.9x
Price to Earnings Ratio

25.9x


Total Market Cap: HK$1.0tTotal Earnings: HK$39.8bTotal Revenue: HK$541.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 19.4x202420252026
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 16.0x which is lower than its 3-year average PE of 19.4x.
  • 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 4.7% 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-3.69%
Consumer Discretionary-2.89%
Luxury-0.71%
Textiles2.54%
Footwear0.98%
Apparel, Accessories and Luxury Goods-0.97%
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 19.7x.
    • Analysts are expecting annual earnings growth of 12.4%, which is higher than its past year's earnings growth of 9.7% 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 Textiles industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 6.3% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 9.0% 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$80.552.9%
+HK$6.4b		-6.3%PE13.4x
2331 Li NingHK$21.324.3%
+HK$2.3b		31.1%PE17.4x
3998 Bosideng International HoldingsHK$4.964.0%
+HK$2.2b		27.2%PE14.3x
2313 Shenzhou International Group HoldingsHK$63.501.9%
+HK$1.8b		6.2%PE13.1x
1913 PradaHK$40.481.1%
+HK$1.1b		-36.4%PE13.4x

Latest News

551
HK$17.68
Yue Yuen Industrial (Holdings)
7D
1.7%
1Y
6.1%
2678
HK$5.96
Texhong International Group
7D
6.8%
1Y
49.4%

Texhong International Group Limited (HKG:2678) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Feb 05
Texhong International Group Limited (HKG:2678) Surges 27% Yet Its Low P/E Is No Reason For Excitement
116
HK$13.84
Chow Sang Sang Holdings International
7D
-5.6%
1Y
107.5%

Chow Sang Sang Holdings International (HKG:116) Shareholders Will Want The ROCE Trajectory To Continue

Feb 03
Chow Sang Sang Holdings International (HKG:116) Shareholders Will Want The ROCE Trajectory To Continue
2020
HK$80.55
ANTA Sports Products
7D
2.9%
1Y
-6.3%

2020: Index Removals And Conviction Exit Will Create Future Entry Window

Analysts lowered their fair value estimate for ANTA Sports Products to HK$106.77 from about HK$114.77, reflecting slightly reduced assumptions for revenue growth, profit margins and future P/E multiples after the stock was removed from a regional conviction list. Analyst Commentary Bullish Takeaways Bullish analysts note that even after removal from Goldman Sachs' APAC Conviction List, ANTA Sports Products still carries a formal fair value estimate of HK$106.77.
1361
HK$5.59
361 Degrees International
7D
-2.8%
1Y
36.3%
2331
HK$21.32
Li Ning
7D
4.3%
1Y
31.1%

2331: Potential Puma Bid Will Support Future Upside And Brand Expansion Potential

Analysts have slightly increased their fair value estimate for Li Ning to HK$34.13 from HK$34.06, citing updated assumptions around revenue growth, profit margin and future P/E multiples. What's in the News Media reports suggest Li Ning is among potential bidders exploring a possible takeover of German sportswear brand Puma SE, alongside ANTA Sports Products and ASICS Corporation (Bloomberg/Reuters report).
2313
HK$63.50
Shenzhou International Group Holdings
7D
1.9%
1Y
6.2%
3998
HK$4.96
Bosideng International Holdings
7D
4.0%
1Y
27.2%

The Trend Of High Returns At Bosideng International Holdings (HKG:3998) Has Us Very Interested

Jan 26
The Trend Of High Returns At Bosideng International Holdings (HKG:3998) Has Us Very Interested
1913
HK$40.48
Prada
7D
1.1%
1Y
-36.4%

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.
6181
HK$724.50
Laopu Gold
7D
-6.9%
1Y
68.6%
3818
HK$0.43
China Dongxiang (Group)
7D
-3.4%
1Y
26.5%
933
HK$0.63
Viva Goods
7D
-1.6%
1Y
6.8%
1440
HK$7.98
Star Shine Holdings Group
7D
5.4%
1Y
53.2%

What You Can Learn From Star Shine Holdings Group Limited's (HKG:1440) P/S After Its 25% Share Price Crash

Dec 22
What You Can Learn From Star Shine Holdings Group Limited's (HKG:1440) P/S After Its 25% Share Price Crash
2583
HK$157.60
Shenzhen Hipine Precision Technology
7D
-14.5%
1Y
n/a
1121
HK$1.43
Golden Solar New Energy Technology Holdings
7D
-2.1%
1Y
-28.1%
1247
HK$2.37
Miko International Holdings
7D
-13.2%
1Y
43.6%