On June 17, China Tourism Group Duty Free (01880.HK) fell 3.43% in regular trading, trading at HK$53.55/share, with turnover of HK$13.27 million, extending its recent downtrend.
The decline comes amid sustained institutional selling pressure, with main funds showing net outflows over the past five trading days and institutional net outflows exceeding RMB 150 million over ten days. On June 15, the company responded to investor concerns on its interaction platform, stating there is no undisclosed material information and emphasizing that stock prices fluctuate around intrinsic value over the long term.
Fundamentally, the company reported Q1 net profit growth of 21.18% year-over-year, with Hainan revenue up 28.26%. However, non-Hainan channels remain under pressure following the re-tendering of Shanghai Pudong, Hongqiao, and Beijing Capital airport concessions in late 2025, which required a full operational reset. The company noted core product supply recovery has improved sequentially from Q1, but market sentiment remains cautious as the bearish trend persists.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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