Luxury concept stocks in China rise significantly, LVMH rises 11%. On Thursday, with China's release of multiple unexpected positive policies, overseas market sentiment was significantly boosted, and luxury goods company stocks rose sharply. Investors are betting that the demand for luxury goods in the Chinese market will increase. LVMH, the world's largest luxury goods giant, saw its US stock market surge by 11% on Thursday, Herm è s rose by 10.15%, Kering Group rose by 10.40%, Burberry rose by 8.67%, and Richemont Group rose by 8.47%.