Daiwa: China International Travel Service Corporation Limited (01880.HK) showed a weak performance in the first half of the year, rating it as "in line with the market."

According to the Securities Times app, Morgan Stanley released a research report stating that China Duty Free Group (01880.HK) saw a year-on-year decline of 8% in revenue in the second quarter, weaker than the 4% decline in the second quarter of the offline duty-free market in Hainan, indicating that demand in areas outside of Hainan, including airports and online, is even weaker. The net profit margin in the second quarter dropped to 5.8%, compared to 7.8% in the same period last year. The company did not disclose detailed expenditure items, but the bank expects that the gross profit margin is under pressure and operating leverage is declining, with a rating of "in line with the overall market."