Hainan Airport Infrastructure(SH:600515) Zheng Quan Ri Bao·2025-10-17 15:38Core Viewpoint - The adjustment of the duty-free shopping policy for outbound travelers in Hainan aims to promote diversified consumer demand and stimulate economic growth in the region, effective from November 1 [1][2]. Summary by Relevant Sections Policy Adjustments - The duty-free shopping policy has been adjusted in five key areas, expanding the range of duty-free goods from 45 categories to 47 categories, including pet supplies, portable musical instruments, mini drones, and small appliances [1]. Impact on Consumption - The policy is expected to stimulate consumption by meeting diverse consumer needs and enhancing the shopping experience, thereby increasing the time customers spend in stores and their overall spending [2]. - It is anticipated to boost domestic brand consumption by providing a high-end sales platform and encouraging industry upgrades [2]. Economic and Competitive Implications - The expansion of the duty-free product range is designed to attract more consumers and enhance the competitiveness of Hainan's duty-free stores, ultimately supporting the development of the tourism industry and the local economy [1][2]. - Companies in Hainan are encouraged to innovate their products and adapt to changing consumer psychology to maximize returns from the policy benefits [2]. Market Reaction - Following the announcement, stock prices of related companies, such as Hainan Airport Facilities Co., saw significant increases, indicating positive market sentiment towards the policy changes [1][2].