Xin Lang Cai Jing·2025-12-23 00:32Core Viewpoint - The recent closure of Hainan's free trade port has significantly boosted local tourism and consumption, particularly in duty-free sales, leading to a surge in related stock prices and market interest [1][27]. Group 1: Market Performance - On December 22, the Hainan Free Trade Port Index rose by 9.28%, following a previous increase of 6.53% [1]. - Key stocks in the Hainan Free Trade Port Index, including Shennong Agricultural (300189.SZ) and China Duty Free Group (601888.SH), reached their daily limit [1][2]. Group 2: Duty-Free Sales Growth - Sanya's duty-free sales exceeded 1 billion yuan for four consecutive days, with sales figures of 1.18 billion, 1.05 billion, 1.08 billion, and 1.02 billion yuan from December 18 to 21, marking a year-on-year increase of 37.3% on December 21 [4][2]. - The total duty-free sales for the year in Sanya surpassed 200 billion yuan as of December 19 [4]. Group 3: Consumer Behavior and Trends - The new duty-free shopping policy has expanded the range of products available, increasing from 45 to 47 categories, including new items like pet supplies and portable musical instruments [11][14]. - The introduction of consumption vouchers has incentivized shopping, with discounts on various products, leading to increased foot traffic in duty-free stores [17][18]. Group 4: Tourism Impact - The closure is expected to enhance Hainan's appeal as a winter vacation destination, with significant increases in flight bookings for the upcoming New Year and Spring Festival holidays [28][29]. - Data shows a notable rise in ticket bookings from inland cities to Hainan, indicating a broader customer base and increased interest in travel to the region [29]. Group 5: Long-term Outlook - Analysts suggest that the Hainan Free Trade Port's closure will create sustained growth opportunities for the local tourism and consumption sectors, positioning Hainan as a key player in the Southeast Asian market [32][33].