HK Stock Market Move | China Tourism Group Duty Free Corporation (01880) is currently down more than 4% as fuel costs drag down Hainan flights and passenger flow, putting pressure on off-island duty-free sales performance.

China Tourism Group Duty Free Corporation (01880) is currently down over 4%, as of the time of this report, it is down 3.77% at 49.8 Hong Kong dollars, with a turnover of 55.7853 million Hong Kong dollars. On the news front, according to statistics from Haikou Customs, during the Dragon Boat Festival holiday in 2026, the amount, number of people, and number of items purchased duty-free on Hainan's outlying islands were 202 million yuan, 34,700 people, and 159,000 items respectively, representing an increase of 8.6%, 11.2%, and 1.9% compared to the same period in 2025. Average spending per person is recovering slower than the number of travelers. Industrial released a research report stating that the increase in fuel costs has led to a decrease in flights to and from Hainan and a decrease in passenger flow, suppressing the performance of duty-free sales on outlying islands. Looking ahead, policies such as duty-free consumption vouchers and airline ticket subsidies are expected to provide support. Meanwhile, the decline in sales at Shanghai International Airport has continued to narrow, gradually contributing to revenue growth, combined with DFS sales in a full quarter and the resumption of shipments from the Shanghai warehouse, Q2 revenue is expected to further increase.