Zhi Tong Cai Jing·2026-03-02 03:29Group 1 - China Duty Free Group (中国中免) shares fell over 4%, with a cumulative decline of nearly 30% since the holiday [1] - As of the report, the stock price dropped 4.31% to HKD 75.5, with a trading volume of HKD 188 million [1] - Haikou Customs reported that during the 2026 Spring Festival holiday, the total duty-free shopping amount was CNY 2.72 billion, a year-on-year increase of 30.8% [1] Group 2 - The number of sales items reached 1.997 million, representing 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] - Daily average shopping amount during the holiday increased by 16.5% year-on-year [1] Group 3 - Guotai Junan Securities noted that the recent 14.86% drop in China Duty Free's stock price was due to previously high market expectations and delayed negative news, rather than a trend reversal [1] - The slower sales growth during the holiday compared to January is attributed to capacity limits at duty-free stores, reduced discounts, and pre-holiday consumption release [1]