智通财经网·2026-03-02 03:22Core Viewpoint - China Duty Free Group (01880) has seen a significant decline in stock price, dropping over 4% recently, with a cumulative drop of nearly 30% since the holiday period [1] Group 1: Stock Performance - As of the latest report, the stock price of China Duty Free Group is down 4.31%, trading at HKD 75.5, with a trading volume of HKD 188 million [1] - The stock experienced a notable decline of 14.86% last week, attributed to previously high market expectations and delayed negative news rather than a trend reversal [1] Group 2: Holiday Sales Performance - During the 2026 Spring Festival holiday, Haikou Customs reported that the total amount of duty-free shopping reached RMB 2.72 billion, representing a year-on-year increase of 30.8% [1] - The number of sales items reached 1.997 million, showing a year-on-year growth of 21.9% [1] - The number of shoppers was 325,000, which is a 35.4% increase compared to the previous year [1] - The average daily shopping amount during the holiday increased by 16.5% year-on-year [1] Group 3: Market Analysis - Guotai Junan Securities noted that the slower sales growth during the holiday compared to January is due to several factors: limitations in the reception capacity of duty-free stores, reduced discounts leading to decreased purchasing intent, and pre-holiday release of consumption demand [1]