An embodiment of the application discloses an annular hollow braided rope strap, which is sewed by multiple crossing and folding of a hollow braided rope strap body. The hollow braided rope strap is prepared by sequentially rotationally squeezing a hollow braided rope through at least two sets of differential squeezing roll pairs; the hollow braided rope is braided by multiple fiber strands; fiberstrands in twist direction of Z and fiber strands in twist direction of S, for braiding the hollow braided rope, have the same number, and length of the circular braided knot is four to five times ofdiameter of the hollow braided rope. The hollow braided rope strap is sewed by crossing and folding at least three times, each sewing path is zigzag, the back stitching and the front stitching are crossed mutually, and the front stitching is covered with the back stitching completely.