Zhi Tong Cai Jing·2026-03-16 02:44Core Viewpoint - China Duty Free Group (01880) has rebounded over 6%, currently trading at 72.95 HKD with a transaction volume of 146 million HKD, indicating positive market sentiment towards the company's performance in the duty-free sector [1]. Group 1: Sales Performance - The sales growth of offshore duty-free shopping in January and February met expectations, with sales from March 1 to March 12 estimated at approximately 1.59 billion HKD [1]. - The average daily sales during this period were about 133 million HKD, reflecting a 41.7% increase compared to the average daily sales in late February [1]. - The average daily number of shoppers reached approximately 20,300, which is a 42.2% increase compared to the same period in late February [1]. Group 2: Market Trends - The trend of staggered travel has strengthened, contributing to a robust performance in Hainan during the traditionally off-peak month of March [1]. - Market concerns are expected to gradually ease, with a positive outlook for Q1 sales performance [1]. - Although February's duty-free sales growth was below market expectations, the growth in March during the off-peak season exceeded expectations, driven by events such as the Boao Forum for Asia and the DP World Tour, attracting high-net-worth individuals to Hainan [1].