海南自贸港封关运作后的首个春节假期，海南文旅市场迎来消费高峰，旅游与购物热度空前攀升。丰富 的新春文化体验叠加政策红利，离岛免税店人潮涌动，带动文旅消费全面升温。据海口海关统计，2026 年春节假期海南离岛免税销售金额超27亿元，同比增长30%以上;销售件数近200万件，同比增长约22%; 购物人数逾32万人次，同比增长35%以上，免税购物已成为拉动节日消费的重要引擎。 助燃海南文旅和免税消费市场，中免集团海南区域六家门店于2月10日至3月3日同步开展"马踏福运在中 免"新春主题活动，以"五花马"文化IP为核心，联动推出国风演绎、年俗互动、专属福利等系列举措， 同时做好服务与物流保障，为市民游客打造有温度、有质感的新春消费体验，实现人气与销量双丰收。 cdf三亚国际免税城单日销售破2亿，免税+文旅激发消费热情 作为新晋国家4A级旅游景区，cdf三亚国际免税城在春节期间表现尤为亮眼。依托文化赋能、政策加力 与服务提质，免税城打造"可逛、可玩、可购、可体验"的沉浸式消费场景，大年初二(2月18日)免税城 单日销售额突破2亿元，达新春销售峰值。 政企联动进一步释放消费潜力。春节期间，三亚市统筹发放3000万元离岛免 ...

智通财经APP获悉，中国中免(01880)涨近3%，截至发稿，涨2.31%，报102港元，成交额2.47亿港元。 消息面上，华金证券研报指出，受益于离岛免税新政效应叠加春节备货需求，2026年1月海口海关共监 管离岛免税购物金额45.3亿元(同比+44.8%)，购物人数56.0万人次(同比+21.0%)，购物件数336.7万件(同 比+14.0%)。该行认为，人均消费与件均价的双升，反映出在春节送场礼景及下备，货高客单价的精品 与套装类商品需求旺盛，有效对冲了单纯依靠客流增长的依赖。 该行续指，春运首周(2月2日—2月8日)，海口海关共监管离岛免税购物金额约11.06亿元(环比+6.3%);免 税购物人数19.19万人次(环比+26%)。在"返乡"与"出游"双向客流叠加下，离岛免税消费动能强劲，预 计随着2月17日春节黄金周开启，消费潜力有望持续释放。中国中免旗下海口国际免税城中标海口西海 岸商圈日用消费品免税经营主体资格，并在春节期间持续通过"免税+文旅"融合活动吸引客流。 ...

Core Viewpoint - The integration of duty-free shopping and tourism in Hainan is being enhanced by Haikou Duty-Free, leveraging the opportunities presented by the Hainan Free Trade Port policies to stimulate consumer spending during the peak travel season [2]. Group 1: Duty-Free Shopping Initiatives - Haikou Duty-Free celebrated its fifth anniversary on January 31, attracting numerous consumers and showcasing the vibrant atmosphere of Hainan's tourism market during the Spring Festival [2]. - The anniversary event featured various consumer incentives, including all-channel discounts, immersive experiences, and a blend of online and offline interactions, aimed at creating new duty-free shopping experiences [2]. - Key product categories highlighted during the event included cosmetics, alcoholic beverages, electronics, and luxury goods, with promotions such as flash sales and multiple reward points [2]. Group 2: Consumer Experience and Feedback - Consumers expressed positive feedback regarding the enhanced variety and affordability of duty-free products post-closure, with one customer saving nearly 1,000 yuan on a desired smartphone during the flash sale [2]. - Another visitor noted the transformation of duty-free stores into lifestyle hubs, emphasizing cultural engagement and interactive experiences rather than just shopping [2]. Group 3: Future Strategies - Following the full closure operation of the Hainan Free Trade Port, the duty-free policies are becoming more stable, with ongoing improvements in the business environment and upgrades in product categories, pricing, and services [2]. - Haikou Duty-Free plans to capitalize on the advantages of the Free Trade Port policies by focusing on a "tourism retail" model, introducing youthful IPs, and innovating shopping experiences to elevate duty-free shopping into a lifestyle experience [2].

在海南自贸港封关运作稳步推进的关键时期，海控全球精品免税城（以下简称"海控免税"）迎来五周年华诞。 1月31日，以"无限热爱·'5'出精彩"为主题的五周年店庆盛典盛大启幕，作为封关运作后的免税行业标杆性庆 典，海控免税不仅准备了"十重礼遇"回馈消费者，更通过线上线下全渠道联动，展现免税行业在自贸港新阶段 下的蓬勃活力与无限潜力。 十重礼遇引爆新春打造沉浸式消费盛宴 此次店庆适逢农历新年购物旺季，海控免税在店内打造了浓厚的节日氛围。活动当天，消费者进店即可领取马 年新春礼盒，参与"店庆地图"品牌打卡互动，更有机会赢取五粮液、LABUBU潮玩、万元自行车及滑雪板等重 磅大奖。 据了解，1月31日当天，市民游客在店内任意消费即有机会获赠萌趣十足的LABUBU 4.0潮玩挂件，软萌的造型 搭配特有的颜色，瞬间击中年轻人的情绪，成为社交媒体上的打卡新宠；而当五粮液等惊喜好礼揭晓时，现场 不时响起阵阵欢呼，让每一次消费都充满期待与喜悦。游客林女士说："以前觉得免税店就是买买买，现在发 现它更像一个城市生活新地标——有文化、有互动、有温度。你看我拿在手上的拉布布，我感觉它可以让我开 心一整年。" 来自广东的游客张先生对记者 ...

证券日报网讯 1月26日，中国中免（601888）在互动平台回答投资者提问时表示，根据国家离岛免税、 口岸出入境免税以及市内免税政策的相关要求，经营免税品需要在特定地域和场所进行。公司旗下三亚 国际免税城已经取得4A级景点资质，店内免税商品品类齐全，品牌众多，可最大程度满足旅客的一站 式购物需求。此外，2025年公司旗下的海南六店积极响应"免税+文旅"的创新模式，未来公司还将通过 融合创新方式为旅客提供更丰富的沉浸式体验。 ...

Group 1 - The core point of the news is that China Duty Free Group (CDFG) announced the acquisition of DFS Group's travel retail business in Greater China for up to $395 million in cash, which includes various assets and equity related to DFS's operations in Hong Kong and Macau [2][5] - The acquisition will allow CDFG to hold 100% of DFS Cotai Limitada and acquire assets from two DFS stores in Hong Kong, as well as nine travel retail stores in Hong Kong and Macau [5][6] - CDFG has also signed a subscription agreement with LVMH Group and other entities, planning to issue up to 1.2 million H-shares at a price of HKD 77.21 per share, raising approximately HKD 924 million [6] Group 2 - CDFG's recent financial performance shows a decline in revenue and net profit, with a 7.34% decrease in revenue to CNY 39.86 billion and a 22.13% drop in net profit to CNY 3.05 billion for the first three quarters of 2025 [8] - The Hainan offshore duty-free market is under pressure, with a 9.2% decrease in shopping amount to CNY 16.76 billion in the first half of 2025, although the average spending per person increased by 23% [8][9] - Despite short-term demand weakness, there are still policy benefits and trends in consumption upgrades, with expectations of growth in the Hainan market following the full closure of the island in late 2025 [9]

Core Insights - Hainan Free Trade Port has successfully completed its first month of operation since the full closure on January 18, 2026, leading to significant changes in international tourism and shopping behaviors [1] Group 1: Changes in Visitor Demographics - The proportion of international travelers visiting duty-free stores has noticeably increased since the full closure, indicating a shift in visitor demographics [2] - International tourists show a high level of interest and purchasing intent for domestic brands, particularly in categories like mobile phones, tea, and coffee [2] Group 2: Enhanced Shopping Experience - The China Duty Free Group has upgraded its service offerings to cater to the changing visitor demographics, including adding multilingual staff and enhancing promotional materials [2] - The integration of "duty-free + cultural tourism" experiences in Sanya International Duty-Free City has attracted more visitors, encouraging them to spend more time shopping and engaging with the offerings [3] Group 3: Shopping Statistics - From December 18, 2025, to January 10, 2026, the number of duty-free shoppers in Hainan reached 585,000, with total spending amounting to 3.89 billion yuan, reflecting year-on-year increases of 32.4% and 49.6% respectively [3] - On average, 24,000 people engaged in duty-free shopping daily, with an average daily spending of 160 million yuan, surpassing pre-closure figures [3] Group 4: Service Improvements - The diverse needs of international travelers have prompted enhancements in service levels, including optimized check-in processes and improved transfer experiences [4] - The upcoming peak travel season and the Spring Festival are expected to bring further innovations in the "duty-free +" model, aiming to create memorable shopping experiences [4]

2026年1月18日，海南全岛封关运作迎来满月。作为海南离岛免税政策的践行者与示范者，中免集团海南区域六家门店（cdf 三亚国际免税城、cdf 海口国际 免税城、cdf 海口美兰机场免税店、cdf 三亚凤凰机场免税店、cdf 海口日月广场免税店、cdf琼海博鳌免税店）紧抓封关机遇，在服务升级、物流创新与购物 体验优化等方面持续发力，以实打实的创新成效，彰显央企担当，助力海南国际旅游消费中心建设。 服务提质焕新，打造全流程优质消费体验 封关运作以来，中免集团立足消费者核心需求，以制度完善与标准优化为抓手，构建全流程高品质服务体系。cdf三亚国际免税城打造八大服务支撑体系与 98项制度标准，作为全国首个以免税商业为核心的国家AAAA级旅游景区，累计销售额已超千亿元；cdf海口国际免税城建立30秒快速响应、15分钟深化跟 进的服务闭环，实现售前售中售后全链条高效服务。 （中免海南国际物流中心） （cdf三亚国际免税城） 针对封关后消费市场新变化，中免全面落实离岛免税政策调整要求，持有自然年度离岛记录的海南居民可全年不限次购买15类"即购即提"商品，让免税消费 深度融入居民日常生活。市场数据印证政策实效：2025年1 ...

Core Insights - The Hainan duty-free market experienced a strong start to the New Year during the 2026 holiday period, with significant increases in sales, shopper numbers, and spending, driven by policy benefits and market vitality [1] Group 1: Sales Performance - During the holiday, 442,000 duty-free items were sold, representing a year-on-year increase of 52.4% [1] - The number of shoppers reached 83,500, up 60.6% compared to the previous year [1] - Total shopping expenditure amounted to 712 million yuan, marking a 128.9% increase year-on-year [1] Group 2: Promotional Activities - Major duty-free operators launched diverse promotional activities to stimulate market demand, including "Crazy Shopping Five Gifts" by China Duty Free Group [1] - Collaborations with government consumption vouchers provided discounts, combined with brand subsidies and multiple points, effectively lowering consumer spending thresholds [1] - Duty-free stores enhanced the "duty-free + cultural tourism" integration, creating immersive shopping experiences and facilitating consumer flow between tourist attractions and stores [1] Group 3: Airport Duty-Free Store Highlights - Haikou Meilan Airport duty-free store showcased vibrant consumer activity, particularly in gold jewelry and high-end fragrance categories [3] - The zero-tariff benefit from the closure led to significant price advantages for duty-free gold, with customers saving over 3,000 yuan on purchases of over 20 grams of gold jewelry [3] - Newly introduced high-end fragrance brands like Diptyque and Le Labo became popular choices for travelers [3] Group 4: Brand and Infrastructure Development - In 2025, Haikou Meilan Airport duty-free store added 35 new domestic and international brands, enhancing its product offerings [3] - The first phase of the T1 terminal renovation is set to be completed by the end of 2025, with several high-profile projects scheduled to launch in early 2026 [3] - The new duty-free policy implemented in November 2025 significantly improved consumer supply and experience during the holiday [3] Group 5: Regulatory Enhancements - Haikou Customs implemented a smart regulatory system for duty-free products, ensuring full traceability and enhancing shopping convenience [4] - Services such as electronic label queries for cosmetics and online tax payment for excess goods were introduced to facilitate consumer experience [4] - The customs authority also provided operational guidance to businesses, significantly improving shopping convenience [4]

Core Insights - The 2025 China Duty Free Group's year-end celebration "Crazy Shopping Season" successfully concluded on January 4, featuring a blend of policy benefits, festive culture, and premium offerings, showcasing an innovative model of "duty-free + tourism" [1] Group 1: Event Highlights - The year-end celebration included three main chapters: "Kickoff Carnival," "Customs Gift," and "New Year Carnival," creating a memorable experience for global consumers [1] - The New Year celebration culminated in a "New Year No-Sleep Night" across six stores in Hainan, featuring continuous activities and immersive experiences [3] - CDF Sanya International Duty Free City hosted a nine-hour "Island Hot Party" with performances, cash prizes, and a drone show, enhancing the festive atmosphere [3] Group 2: Innovative Experiences - CDF Haikou International Duty Free City launched the "C Star Landing Plan," allowing consumers to engage in immersive experiences while shopping [4] - Various activities across the island, such as DIY workshops and surprise blind boxes, spread the festive joy throughout Hainan [4] Group 3: Shopping Promotions - The New Year celebration also served as a significant shopping event, with the company offering substantial discounts across multiple product categories, including luxury goods and electronics [6] - The online channel, CDF Hainan official mall, provided additional promotions, including low discounts and loyalty points, enhancing the shopping experience [6] Group 4: Future Outlook - The entire year-end celebration demonstrated the company's ability to create impactful marketing events and innovate within the "duty-free + tourism" model, contributing to the prosperity of the winter tourism market [8] - The company plans to leverage the advantages of the Hainan Free Trade Port policy and continue leading the duty-free industry through innovative marketing strategies [8]