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Hong Kong (HSI) Luxury Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies108
  • 7D0.8%
  • 3M1.6%
  • 1Y5.8%
  • YTD6.6%

Last week, the Luxury industry hasn't moved much but Prada is up 5.5% in that time. As for the the longer term, the industry is up 5.8% over the past 12 months. 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
Sun, 01 Mar 2026HK$936.7bHK$625.7bHK$57.2b10.7x16.4x1.5x
Tue, 27 Jan 2026HK$907.1bHK$619.8bHK$56.6b9.8x16x1.5x
Thu, 25 Dec 2025HK$891.8bHK$615.3bHK$56.0b10.3x15.9x1.4x
Sat, 22 Nov 2025HK$893.5bHK$610.4bHK$55.2b10.1x16.2x1.5x
Mon, 20 Oct 2025HK$912.7bHK$610.5bHK$55.3b9.5x16.5x1.5x
Wed, 17 Sep 2025HK$931.0bHK$612.1bHK$55.6b10x16.7x1.5x
Fri, 15 Aug 2025HK$896.4bHK$597.0bHK$54.5b10.4x16.4x1.5x
Sun, 13 Jul 2025HK$901.2bHK$594.9bHK$54.4b9.4x16.6x1.5x
Tue, 10 Jun 2025HK$906.8bHK$591.9bHK$53.3b9.2x17x1.5x
Thu, 08 May 2025HK$853.2bHK$584.8bHK$53.0b9.1x16.1x1.5x
Sat, 05 Apr 2025HK$851.1bHK$581.9bHK$52.8b9.6x16.1x1.5x
Mon, 03 Mar 2025HK$872.9bHK$565.5bHK$48.5b9.8x18x1.5x
Wed, 29 Jan 2025HK$845.8bHK$567.4bHK$48.9b9.5x17.3x1.5x
Fri, 27 Dec 2024HK$810.3bHK$564.0bHK$48.5b9.6x16.7x1.4x
Sun, 24 Nov 2024HK$779.6bHK$542.8bHK$47.8b8.8x16.3x1.4x
Tue, 22 Oct 2024HK$801.0bHK$546.9bHK$48.1b9x16.7x1.5x
Thu, 19 Sep 2024HK$683.4bHK$548.1bHK$48.7b8.6x14x1.2x
Sat, 17 Aug 2024HK$709.7bHK$532.9bHK$42.5b9.9x16.7x1.3x
Mon, 15 Jul 2024HK$770.8bHK$527.4bHK$41.0b10.4x18.8x1.5x
Wed, 12 Jun 2024HK$854.4bHK$517.4bHK$40.4b11x21.1x1.7x
Fri, 10 May 2024HK$876.2bHK$519.4bHK$40.3b12.3x21.8x1.7x
Sun, 07 Apr 2024HK$817.2bHK$520.1bHK$40.4b11.1x20.2x1.6x
Tue, 05 Mar 2024HK$743.1bHK$526.0bHK$35.4b9.2x21x1.4x
Thu, 01 Feb 2024HK$671.1bHK$528.9bHK$35.4b8.5x19x1.3x
Sat, 30 Dec 2023HK$732.0bHK$529.5bHK$35.5b9.2x20.6x1.4x
Mon, 27 Nov 2023HK$740.4bHK$526.9bHK$35.3b8.3x21x1.4x
Wed, 25 Oct 2023HK$794.8bHK$524.8bHK$34.9b8.3x22.8x1.5x
Fri, 22 Sep 2023HK$794.5bHK$523.6bHK$34.7b8.2x22.9x1.5x
Sun, 20 Aug 2023HK$819.1bHK$529.0bHK$34.7b9.6x23.6x1.5x
Tue, 18 Jul 2023HK$868.2bHK$529.7bHK$35.8b9.9x24.3x1.6x
Thu, 15 Jun 2023HK$843.2bHK$532.1bHK$35.0b9.3x24.1x1.6x
Sat, 13 May 2023HK$883.6bHK$537.9bHK$35.7b9.1x24.8x1.6x
Mon, 10 Apr 2023HK$969.9bHK$541.3bHK$35.8b9x27.1x1.8x
Wed, 08 Mar 2023HK$1.0tHK$536.0bHK$39.1b8.7x25.9x1.9x
Price to Earnings Ratio

25.9x


Total Market Cap: HK$1.0tTotal Earnings: HK$39.1bTotal Revenue: HK$536.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Luxury Industry Price to Earnings3Y Average 19.2x202420252026
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 16.4x which is lower than its 3-year average PE of 19.2x.
  • 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 5.3% 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 Market0.15%
Consumer Discretionary-1.64%
Luxury0.80%
Textiles7.21%
Apparel, Accessories and Luxury Goods0.63%
Footwear-0.73%
Industry PE
  • Investors are most optimistic about the Textiles industry even though it's trading below its 3-year average PE ratio of 86.4x.
    • Analysts are expecting annual earnings growth of 12.6%, 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 12.3x.
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 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$44.505.5%
+HK$5.9b		-32.8%PE14.6x
2020 ANTA Sports ProductsHK$85.051.3%
+HK$2.9b		-2.6%PE14x
1440 Star Shine Holdings GroupHK$11.1516.1%
+HK$2.0b		117.8%PS20.5x
2585 Mokingran Jewellery GroupHK$24.0041.4%
+HK$1.9b		37.8%PE80x
2331 Li NingHK$22.522.6%
+HK$1.4b		31.9%PE18.2x

Latest News

1910
HK$19.24
Samsonite Group
7D
-2.8%
1Y
-10.7%
2585
HK$24.00
Mokingran Jewellery Group
7D
41.4%
1Y
37.8%
2020
HK$85.05
ANTA Sports Products
7D
1.3%
1Y
-2.6%

2020: Index Removals And Beverly Hills Flagship Will Support Future Upside

Analysts have nudged their price target on ANTA Sports Products slightly higher to reflect a fair value adjustment to HK$107.41, supported by modest updates to the discount rate, revenue growth assumptions, profit margin outlook and future P/E expectations. What's in the News ANTA plans to open its first permanent U.S. store in Beverly Hills on February 13, 2026.
2331
HK$22.52
Li Ning
7D
2.6%
1Y
31.9%

2331: Potential Puma Bid Interest Will Support Future Upside Potential

Analysts have nudged their fair value estimate for Li Ning to HK$34.50 from HK$34.28, reflecting slightly adjusted assumptions on the discount rate, revenue growth, profit margin and future P/E, which together support a modestly higher price target. What's in the News Media reports indicate that ANTA Sports Products is exploring a potential takeover bid for Puma, and Li Ning is cited as another Chinese sportswear group that has been taking an early look at the German brand and discussing financing options with banks.
1368
HK$5.33
Xtep International Holdings
7D
-1.1%
1Y
3.5%

1368: Future Returns Will Reflect Flat Core Performance And Strong Premium Momentum

Analysts have modestly adjusted their price target for Xtep International Holdings to reflect updated fair value estimates, a slightly higher discount rate, more measured assumptions for revenue growth, and changes in projected profit margins and future P/E. Together, these factors lead to a recalibrated outlook in HK$ terms.
1913
HK$44.50
Prada
7D
5.5%
1Y
-32.8%

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.
1440
HK$11.15
Star Shine Holdings Group
7D
16.1%
1Y
117.8%

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$4.86
Bosideng International Holdings
7D
2.1%
1Y
28.2%
2313
HK$63.35
Shenzhou International Group Holdings
7D
0.6%
1Y
11.5%

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
551
HK$18.59
Yue Yuen Industrial (Holdings)
7D
-1.2%
1Y
16.9%
2678
HK$6.70
Texhong International Group
7D
14.3%
1Y
70.9%

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
2668
HK$0.34
Pak Tak International
7D
-6.8%
1Y
6.3%
116
HK$13.91
Chow Sang Sang Holdings International
7D
-2.1%
1Y
112.0%

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
6181
HK$723.50
Laopu Gold
7D
-6.0%
1Y
45.0%
2199
HK$2.37
Regina Miracle International (Holdings)
7D
-4.0%
1Y
33.1%

Shareholders Can Be Confident That Regina Miracle International (Holdings)'s (HKG:2199) Earnings Are High Quality

Dec 25
Shareholders Can Be Confident That Regina Miracle International (Holdings)'s (HKG:2199) Earnings Are High Quality
2583
HK$143.70
Shenzhen Hipine Precision Technology
7D
-4.7%
1Y
n/a