Xin Lang Cai Jing·2025-08-26 04:36Core Viewpoint - China Duty Free Group (01880) saw its stock price surge over 9% during trading, currently up 5.10% at HKD 65.90, with a trading volume of HKD 408.1 million [1] Group 1: Company Developments - The first city duty-free store in Guangzhou is set to open on August 26, developed in collaboration with China Duty Free Group, Guangbai Co., Lingnan Holdings, and Baiyun Airport [1] - A city duty-free store in Shenzhen is currently in its trial operation phase as of August 23 [1] Group 2: Industry Insights - CITIC Securities noted a decline in overall duty-free sales and Hainan duty-free sales in Q1 2025, with the second quarter still facing some impacts [1] - The Hainan channel is gradually recovering in the second quarter, while many city duty-free stores are entering a cultivation phase [1] - Due to tariff policies, certain products in the duty-free channel are affected [1]