Richemont (CFR SW) says sales in China, Hong Kong, and Macau combined were +2% Y/Y, mostly led by solid activity in Hong Kong
Richemont's reported 2% year-over-year sales growth in China, Hong Kong, and Macau indicates a resilient demand in these key markets, particularly driven by stronger consumer activity in Hong Kong.
[MARKET UPDATE] Immediate upside seen in NQ and Euro Stoxx 50 futures following TSMC's guidance; Chip stocks on watch at the European and US opens
Newsquawk Daily European Opening News - 15th January 2026
Richemont (CFR SW) says sales in China, Hong Kong, and Macau combined were +2% Y/Y, mostly led by solid activity in Hong Kong
TSMC (2330 TT) guides Q1 Revenue between USD 34.6-35.8bln (exp. 33.2bln), guides Gross Margin between 63-65% (exp. 59.6%), sees Operating Margin between 54-56% (exp. 50%), 2026 CapEx to come in between 52-56bln (prev. 40.9bln in 2025)
Richemont (CFR SW) Q3 2025 (EUR): Sales at constant FX +11% (exp. 7.5%); Revenue 6.4bln (exp. 6.25bln)
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This modest gain is essential as it reflects broader trends in luxury consumption and may impact sentiment within the luxury goods sector, especially as investors weigh potential recovery in consumer spending in Asia post-pandemic.
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