Nanostructures with well‐defined structures and rich active sites occupy an important position for efficient energy storage and conversion. Recent studies have shown that a transition metal chalcogenide (TMC) has a unique structure, such as diverse structural morphology, excellent stability, high efficiency, etc., and is used in the fields of electrochemistry and catalysis. The nanohollow structure metal chalcogenide has broad application prospects due to the existence of a large number of active sites and a wide internal space, allowing a large number of ions and electrons to be transported. Summarizing synthetic strategies of nanostructured hollow transition metal sulfides (HTMC) and their applications in the field of energy storage and conversion is discussed here. Through some representative examples, the fabrication and properties of various hollow structures are analyzed, which prompt some emerging nanoengineering designs to be applied to transition metal chalcogenides. It is hoped that the construction of the HTMC will lead to a deeper understanding for the further exploration of energy storage and conversion.