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January 17th, 2023 
Awake Goy MILAN—LVMH shares rose to a fresh record high on Tuesday, giving the luxury goods group a market capitalization of 400 billion euros ($434 billion) for the first time and cementing its lead as Europe’s most valuable company.
Like other luxury companies which are heavily exposed to China, LVMH has benefited this year from the fast reopening of the world’s second-biggest economy. However, some analysts said further gains in the share price could become harder to achieve.
“Let’s say I’m waiting for 500 billion to mark it down as a milestone,” said Angelo Meda, head of equities and portfolio manager at Banor SIM in Milan…. Source
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