智通财经网·2025-11-20 03:44Core Viewpoint - China Duty Free Group (中国中免) shares rose over 4%, reaching HKD 74.1 with a trading volume of HKD 180 million, driven by positive developments regarding Hainan Free Trade Port preparations [1] Group 1: Company Performance - China Duty Free Group's stock increased by 4.07% as of the latest report [1] - The company reported a significant sales performance during the "Double Eleven" shopping festival, with total sales exceeding HKD 950 million, marking a year-on-year growth of 40.4% [1] - On the day of "Double Eleven," sales surpassed HKD 100 million, indicating strong consumer demand [1] Group 2: Industry Developments - The Hainan Free Trade Port is set to commence full operations in one month, with customs preparations nearly complete [1] - Recent data from Haikou Customs indicated that from November 1 to 7, the duty-free shopping amount in Hainan reached HKD 506 million, with a year-on-year increase of 34.86% [1] - The number of shoppers during the same period was 72,900, reflecting a year-on-year growth of 3.37% [1] - Guosheng Securities highlighted that as a leading player in the duty-free sector, China Duty Free Group stands to benefit from the recovery and growth potential across various duty-free shopping channels [1]