On June 16, China Tourism Group Duty Free (01880) declined 3.08% in regular trading, trading at 55.15 HKD/share, with turnover of 48.71 million HKD, extending its recent downward trend.

On the news front, the company responded to investor concerns on June 15 via the investor relations platform, stating that no undisclosed material information exists and emphasizing that stock prices fluctuate around intrinsic value over the long term. However, capital flow data reveals sustained selling pressure, with institutional net outflows exceeding 150 million yuan over the past 10 days and overall main capital outflows persisting over the recent 5-day period.

Fundamentally, Q1 net profit attributable to shareholders grew 21.18% year-over-year, and core product supply recovery has further improved compared to Q1. Despite these positive operational signals and a recent board-approved share buyback authorization of up to 10% of issued shares, market sentiment remains cautious and the bearish pattern continues.

(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.)