CTG DUTY-FREE (01880) surged over 4%, rising 4.5% to HK$65.05 as of press time, with trading volume reaching HK$259 million.

According to Haikou Customs data, from January to August 2025, Haikou Customs supervised duty-free sales worth 20.43 billion yuan in Hainan's offshore duty-free market, serving 3.148 million shoppers who purchased 18.671 million items. In August alone, Hainan's offshore duty-free sales reached approximately 2.105 billion yuan, down 4.2% year-over-year, with the decline narrowing from the previous month.

Industry analysts believe that looking ahead to the full year, as the comparable base gradually decreases and both government and company efforts intensify, pressure on Hainan sales is expected to ease. Meanwhile, duty-free stores at ports continue to recover, and new channels for port and downtown stores are being gradually developed, suggesting that a fundamental turnaround for the company may be imminent.

On September 16, nine departments including the Ministry of Commerce released "Several Policy Measures on Expanding Service Consumption," proposing 19 measures across five areas, including launching "Service Consumption Season" promotional activities.

On September 17, the State Council Information Office held a press conference to introduce policy measures related to expanding service consumption. Vice Minister of Commerce Sheng Qiuping announced that as of the end of August, the number of departure tax refund stores nationwide exceeded 10,000, triple the number at the end of 2024. From January to August, the number of people enjoying departure tax refunds increased 248% year-over-year, while tax refund sales grew 98%.