Movement Alert｜China Tourism Group Duty Free Rises 3.23% in Regular Trading, Buyback Authorization and Dividend Payout Continue to Fuel Momentum

Market Focus06-08

On June 8, China Tourism Group Duty Free (01880) rose 3.23% in regular trading, trading at 55.9 HKD/share, with trading volume of 98.48 million HKD. The stock bucked broad sector weakness, outperforming all specialty store peers.

On the news front, the company recently secured board-level authorization to repurchase up to 10% of its issued A-shares and H-shares respectively, signaling a commitment to shareholder returns. Simultaneously, the company confirmed a final dividend of 0.45 RMB per share for the fiscal year ended December 2025, scheduled for distribution on August 14. These corporate actions continue to support positive sentiment following the announcement on June 4-5.

Fundamentally, the company reported Q1 net profit growth of 21.18% year-over-year, with Hainan regional revenue surging 28.26%, reflecting sustained operational recovery. The duty-free concept sector also saw broad-based momentum last week as high-end consumption showed signs of bottoming out.

Within the Specialty Stores sector, China Tourism Group Duty Free significantly diverged from peers. Among individual stocks, POP MART down 1.87%, CHOW TAI FOOK down 0.95%, LUK FOOK HOLD down 1.07%, SA SA INT'L down 2.38%, EVEREST GOLD down 4.65%.

(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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