---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39994221.md"
description: "Hong Kong stocks in the luxury goods and jewelry retail sectors both fell today. $LAOPU GOLD(06181.HK) dropped 3.5%, and $TONGSHIFU(00664.HK) fell 3.1%😥Expectations for a recovery in mainland high-end consumption have recently encountered renewed resistance. The sentiment in luxury consumption is highly correlated with overall consumer confidence.When market concerns about the domestic economy intensify, high-end retail often falls faster.Both targets broke through key support levels today, indicating a short-term bearish bias. We need to wait for sentiment to stabilize before reassessing opportunities😔"
datetime: "2026-04-17T10:42:18.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39994221.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39994221.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39994221.md)
author: "[玲姐炒股日记](https://longbridge.com/en/profiles/26834938.md)"
---

# Hong Kong stocks in the luxury goods and jewelry r…


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