Movement Alert|China Tourism Group Duty Free Falls 3.24% in Regular Trading, Institutional Fund Outflows Sustain Weak Trend

Market Focus10:43

On June 18, China Tourism Group Duty Free (01880.HK) fell 3.24% in regular trading, trading at HK$52.25/share, with turnover of HK$15.892 million, extending its multi-day decline.

On the fund flow front, institutional investors have recorded net outflows exceeding RMB 1.5 billion over the past 10 trading days, with sustained selling pressure from major holders. The stock has declined from HK$57.1 on June 15 to current levels, representing a cumulative drop of over 8% in just three sessions.

The company recently addressed investor concerns on its interactive platform, explicitly stating there is no undisclosed material information and pledging to focus on core operations while improving operational efficiency and profitability. Fundamentally, Q1 net profit attributable to shareholders rose 21.18% year-over-year, and core product supply recovery has further improved compared to Q1. However, market sentiment remains cautious amid persistent bearish momentum, with institutional capital continuing to exit despite improving operational metrics.

(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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