China Tourism Group Duty Free Surges Over 8% on Strong A-Share Performance and Policy Benefits
China Tourism Group Duty Free Corporation Limited (1880.HK) surged over 8% during regular trading hours, currently priced at HK$56.70. The stock reached an intraday high of HK$56.90, with a trading volume of 4.76 million shares and a turnover of HK$264.76 million.
Recent news highlights that the company's A-shares hit the daily limit, with a transaction amount exceeding RMB 5 billion. Additionally, the Hainan duty-free policy has significantly boosted shopping amounts, which increased by 22.6% year-on-year to RMB 22.22 billion from November 2025 to April 2026, according to Haikou Customs. Analysts from Huatai Securities have noted the company's impressive revenue growth and profitability improvements in Hainan, driven by policy benefits and strategic growth initiatives.
