Zhi Tong Cai Jing·2026-03-02 05:11Group 1 - China Duty Free Group (01880) has seen a decline of over 4%, with a cumulative drop of nearly 30% since the holiday period [1] - As of the latest report, the stock price fell by 4.31% to HKD 75.5, with a trading volume of HKD 188 million [1] - According to Haikou Customs, during the 2026 Spring Festival holiday, the total duty-free shopping amount was CNY 2.72 billion, an increase of 30.8% compared to the previous year [1] Group 2 - The number of sales items reached 1.997 million, reflecting a year-on-year growth of 21.9% [1] - The number of shoppers was 325,000, which is a 35.4% increase year-on-year [1] - Daily average shopping amount during the holiday increased by 16.5% compared to the previous year [1] Group 3 - Guotai Junan Securities noted that the recent stock price drop of 14.86% 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 the limited capacity of duty-free stores, reduced discounts, and pre-holiday consumption [1]