HK Stock Market Move | China Tourism Group Duty Free Corporation (01880) rose nearly 3% as Hainan's duty-free market welcomed a strong start. The consolidation of DFS assets will directly contribute to the company's profits.

China Tourism Group Duty Free Corporation (01880) rose nearly 3%, as of the time of publication, it had risen 2.72% to HK$94.3 with a trading volume of HK$2.08 billion. In terms of news, on February 5th, with the implementation of the new offshore duty-free policy and the official start of operations at the Hainan Free Trade Port, the Hainan offshore duty-free shopping market has seen a "good start". According to statistics from Haikou Customs, in January 2026, the amount of offshore duty-free shopping in Hainan was 45.3 billion yuan, with 560,000 shoppers and 3.367 million items purchased, representing an increase of 44.8%, 21.0%, and 14.0% respectively compared to the same period last year. In terms of shopper demographics, in the first month of 2026, outbound tourists purchased 18.316 million yuan worth of duty-free goods, while local residents made purchases totaling 14.389 million yuan. It is worth mentioning that China Tourism Group Duty Free Corporation previously announced that its subsidiary intends to acquire all issued shares of DFSCotai Limitada. Changjiang pointed out that the tourism retail business of DFS in the Hong Kong and Macao region (9 stores) achieved revenues of 4.149 billion yuan and 2.754 billion yuan in the first three quarters of 2024 and 2025 respectively, with net profits of 128 million yuan and 133 million yuan. After the acquisition of assets is reflected in the financial statements, it will directly contribute to the profit side of the listed company; in the future, it is also expected to leverage the advantages of the Hong Kong and Macao store channels to achieve a breakthrough in scale.