中国中免公告，公司董事会近日收到副总经理赵凤的书面辞职报告。因退休原因，赵凤申请辞去副总经 理职务，辞职报告自送达董事会之日起生效。赵凤在任期间，公司对其表示衷心感谢。赵凤的离任不会 影响公司的正常运作及经营管理。 ...

证券之星消息，9月22日旅游零售板块较上一交易日下跌1.26%，中国中免领跌。当日上证指数报收于 3828.58，上涨0.22%。深证成指报收于13157.97，上涨0.67%。旅游零售板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | --- | | 601888 | 中国中免 | 73.04 | -1.26% | | 39.94万 | | 29.16亿 | 从资金流向上来看，当日旅游零售板块主力资金净流出7635.72万元，游资资金净流入2498.29万元，散户 资金净流入5137.43万元。旅游零售板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 名称 主力净流入 (元) 主力净占比 游资净流入 (元) 游资净占比 散户净占比 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 6 ...

Group 1 - The core advantage of China Duty Free Group (CDFG) lies in its state-owned enterprise brand and strong resource integration capabilities, which enhance its global competitiveness [1][2] - CDFG has signed contracts with over 400 Chinese brands since the establishment of the "National Tide Going Abroad Project Team" in 2024, creating a new path for internationalization from a product perspective [1][2] - The company has adopted innovative cooperation models and upgraded resource integration strategies, leading to optimized resource allocation and improved market competitiveness [2][3] Group 2 - CDFG's international business growth is supported by three innovative features: breakthrough cooperation models, upgraded resource integration, and strengthened strategic attributes [3][5] - The Colombo Port City duty-free store in Sri Lanka offers over 400 international brands and has adjusted its product structure to meet local consumer preferences, effectively driving local consumption [3][6] - The temporary store of Chow Tai Fook in Tokyo exemplifies CDFG's "brand reverse linkage" strategy, showcasing its ability to assist Chinese brands in entering international markets [5][6] Group 3 - The global duty-free market is projected to reach 743.7 billion yuan by 2026, with China's share expected to rise to 44.8%, presenting significant growth opportunities for the industry [6][7] - CDFG aims to establish a dual-cycle pattern of "local deep cultivation + international expansion" to become a globally competitive tourism retail operator [7][9] - The company plans to implement a dual-track regional layout strategy, focusing on deepening core markets while testing mature markets with low-risk approaches [7][9]

Group 1 - Guizhou Province will implement a tax refund policy for overseas travelers starting from October 1, 2025, aimed at enhancing the shopping experience for foreign tourists [1] - The introduction of the tax refund policy is expected to boost tourism revenue and stimulate growth in retail, dining, and accommodation sectors, contributing to a more mature domestic consumption market [1] - The potential market for the tax refund policy is estimated to be nearly 100 billion, which could further enhance consumption and expand domestic demand [2] Group 2 - The tourism retail operators, particularly leading duty-free operator China Duty Free Group, are expected to benefit from the influx of inbound tourists and increased shopping activities [2] - Travel service providers may see business growth as the optimized tax refund policy is likely to attract more high-spending tourists, particularly from Europe and the United States [2][3] - Scenic destinations are positioned to gain from the influx of inbound tourists, benefiting from the consumer spending driven by the tax refund policy [3] Group 3 - Wangfujing has established a significant presence in Guizhou with multiple commercial complexes, indicating a strategic focus on the southwestern region [8] - Guizhou Cultural Tourism Technology Company, a subsidiary of GuiGuang Network, is involved in the development and operation of cultural tourism projects [9] - SanTe Cableway has signed a contract for the development of a tourism project in the Fanjing Mountain National Nature Reserve, aligning with the tourism growth in the region [10]

Group 1 - The tourism retail sector increased by 0.74% on September 18, with China Duty Free Group leading the gains [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] - China Duty Free Group's closing price was 71.68, reflecting a 0.74% increase, with a trading volume of 713,800 shares and a transaction value of 5.177 billion yuan [1] Group 2 - The tourism retail sector experienced a net inflow of 166 million yuan from institutional investors, while retail investors saw a net outflow of 138 million yuan [1] - The detailed fund flow for China Duty Free Group showed a net inflow of 166 million yuan from institutional investors, a net outflow of 28.16 million yuan from speculative funds, and a net outflow of 138 million yuan from retail investors [1]

Core Insights - The implementation of the new departure tax refund policy has significantly increased the volume and value of tax refund claims from May to August 2023, with a notable growth in both metrics compared to the first four months of the year [1] - The policy aims to stimulate inbound tourism consumption and related industry development, reflecting a strategic move by the government to enhance consumer spending [1] Group 1: Departure Tax Refund Statistics - From May to August 2023, Haikou Customs verified a total of 1,274 departure tax refund items, with a total refund amount of 19.085 million yuan, representing increases of 86.5% and 232.1% respectively compared to January to April [1] - In August 2023 alone, Haikou Customs verified 533 departure tax refund items, marking a month-on-month increase of 92.4% and a year-on-year increase of 67.6%, achieving the largest growth rate of the year [1] - The total refund amount in August reached 7.875 million yuan, which is a 10.4-fold increase compared to the same month last year [1] Group 2: Policy Changes and Impact - The Ministry of Commerce and other departments issued a notice to optimize the departure tax refund policy, lowering the minimum refund threshold from 500 yuan to 200 yuan and easing the conditions for tax refund store registration [1] - The number of registered departure tax refund stores in Sanya increased dramatically from 11 to 60, leading to a wider variety of refundable goods [1] - Haikou Customs has enhanced its promotional efforts and streamlined the verification process, establishing a 24-hour dedicated tax refund service to improve customer experience and efficiency [2]

Group 1 - The core point of the news is that southbound funds have reduced their holdings in China Duty Free Group Co., Ltd. (01880.HK) by 13.38 thousand shares on September 17, 2025, marking a trend of net reductions over recent trading days [1][2] - Over the past five trading days, there have been three days of reductions, totaling a net decrease of 24.54 thousand shares [1][2] - In the last twenty trading days, there have been twelve days of reductions, with a cumulative net decrease of 42.86 thousand shares [1][2] Group 2 - As of now, southbound funds hold 46.2491 million shares of China Duty Free Group, which represents 39.73% of the company's total issued ordinary shares [1][2] - The company primarily engages in the retail of tourism products and related services, operating in two main segments: sales of taxable and duty-free goods, and investment and development of commercial complexes [2] - The company's main business focuses on duty-free tourism retail, including wholesale and retail of duty-free products such as tobacco, alcohol, cosmetics, luxury goods, clothing, and electronics [2]

Group 1 - The tourism retail sector experienced a decline of 0.55% on September 17, with China Duty Free Group leading the drop [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] - China Duty Free Group's closing price was 71.15, reflecting a decrease of 0.55%, with a trading volume of 283,000 shares and a transaction value of 2.011 billion yuan [1] Group 2 - The tourism retail sector saw a net outflow of 83.0826 million yuan from institutional investors, while retail investors had a net inflow of 29.2964 million yuan [1] - The net inflow from speculative funds was 53.7862 million yuan, indicating varied investor sentiment within the sector [1] - China Duty Free Group had a net outflow of 83.0826 million yuan from institutional investors, representing a 4.13% decrease in net position [1]

Core Viewpoint - The tourism retail sector experienced a 2.29% increase on September 16, led by China Duty Free Group, while the overall market indices showed modest gains [1] Group 1: Market Performance - On September 16, the Shanghai Composite Index closed at 3861.87, up 0.04% [1] - The Shenzhen Component Index closed at 13063.97, up 0.45% [1] Group 2: Sector Performance - The tourism retail sector saw a net inflow of 171 million yuan from main funds, while retail investors experienced a net outflow of 118 million yuan [1] - The stock of China Duty Free Group (601888) closed at 71.54 yuan, reflecting a 2.29% increase with a trading volume of 348,700 shares and a transaction value of 24.79 million yuan [1]

Group 1 - The stock price of China Duty Free Group (中国中免) increased by 2.02% on September 16, reaching 71.35 CNY per share, with a trading volume of 344 million CNY and a market capitalization of 147.613 billion CNY [1] - Year-to-date, the stock price has risen by 8.17%, with a 0.46% increase over the last five trading days, an 8.55% increase over the last 20 days, and a 17.20% increase over the last 60 days [1] - The company has appeared on the "龙虎榜" (a stock market leaderboard) once this year, with the most recent appearance on April 10 [1] Group 2 - China Duty Free Group, established on March 28, 2008, and listed on October 15, 2009, primarily engages in the retail of tourism products and related services [2] - The company's main business segments include tourism retail, which accounts for 72.26% of revenue from duty-free and taxable goods, and tourism retail complex investment and development [2] - As of June 30, 2025, the company reported a revenue of 28.151 billion CNY, a year-on-year decrease of 9.96%, and a net profit attributable to shareholders of 2.600 billion CNY, down 20.81% year-on-year [2] Group 3 - Since its A-share listing, China Duty Free Group has distributed a total of 18.405 billion CNY in dividends, with 7.241 billion CNY distributed over the last three years [3] - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 82.66 million shares, an increase of 15.7285 million shares from the previous period [3] - Other significant shareholders include Invesco Great Wall New Growth Mixed Fund and various ETFs, with increases in their holdings compared to the previous period [3]