社会服务行业周报：节后离岛免税销售延续景气，表演机器人预计2026年租赁市场超百亿元-20260111

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The report highlights the ongoing growth in the duty-free shopping sector in Hainan, with a significant increase in sales and customer engagement during the holiday period [21][22] - The performance of performance robots is expected to reach a rental market size of over 10 billion yuan in 2026, driven by advancements in technology and increased application in various commercial scenarios [18][12] - The report discusses the transformative impact of AI on internet traffic, emphasizing the shift from traditional search engines to AI-driven search, which is projected to see a dramatic increase in user adoption [28][30] Summary by Sections Performance Robots - The rental market for performance robots is projected to exceed 10 billion yuan in 2026, with the technology evolving through three stages: limited functionality before 2022, key breakthroughs from 2023 to 2024, and increased commercial maturity from 2025 onwards [12][18] - The report notes that the application of performance robots is expanding into various complex commercial scenarios, including concerts and exhibitions, due to improved technology and cost efficiency [18][12] Hainan Duty-Free Sales - From January 1 to 7, 2026, Hainan's duty-free shopping amounted to 12.1 billion yuan, with a year-on-year increase of 88% in sales [21][22] - The average transaction value during this period was 7,603 yuan, reflecting a 27.4% increase year-on-year [21][22] GEO Transformation - The report identifies a significant shift in internet traffic dynamics, with AI search users expected to grow from 310 million in January 2024 to 1.98 billion by February 2025, marking a 538.7% increase [28][30] - The GEO (Generative Engine Optimization) market is projected to grow substantially, with global market size expected to reach 100.7 billion USD by 2030, and China's market size anticipated to reach 24 billion yuan [31][32] Strategic Collaborations - The partnership between 毛戈平 and LVMH's investment arm aims to enhance global retail channel expansion and establish a joint investment fund focused on high-end beauty products [45][46] - 巨子生物's collaboration with 潮宏基 to launch a customized New Year gift box reflects a strategy to combine functional and emotional value in product offerings [50][51] Market Performance - The report notes that the Hong Kong consumer services and media sectors underperformed compared to the Hang Seng Index, with specific recommendations for investment in tourism, education, and beauty sectors [54][60] - The media sector showed resilience, with notable gains in specific companies, while consumer services lagged behind [54][60]