Understanding the Market | CTG DUTY-FREE rises over 4% as the decline in August's Hainan offshore duty-free sales narrows, expanding service consumption policy measures introduced

CTG DUTY-FREE's stock price rose by more than 4%, with an increase of 4.5% as of the time of publication, trading at HKD 65.05, with a turnover of HKD 259 million. According to data from Haikou Customs, the sales amount for duty-free shopping in Hainan from January to August 2025 was CNY 20.43 billion, with sales in August approximately CNY 2.105 billion, a year-on-year decrease of 4.2%, but the decline has narrowed compared to the previous month. Industrial Securities expects that with government policy support, sales pressure in Hainan is likely to ease. The Ministry of Commerce and other departments have issued policy measures to expand service consumption and promote consumer activities