CTG DUTY-FREE (01880) rose nearly 6% in early trading, with shares up 5.06% to HK$63.35 at the time of writing, recording a turnover of HK$153 million.

On October 26, Pan Gongsheng, Governor of the People's Bank of China, delivered a report on financial work commissioned by the State Council. Pan stated that the next steps include strengthening financial support for the customs closure operation and high-quality development of the Hainan Free Trade Port. Additionally, the full-island customs closure operation of the Hainan Free Trade Port has entered its final phase and is set to officially commence on December 18 this year.

CITIC SEC previously released a research report noting that adjustments to the duty-free shopping policy for outbound travelers in Hainan, jointly issued by three government departments, will benefit duty-free sales in multiple aspects. The firm pointed out that recent duty-free sales data in Hainan has shown year-on-year improvement, and the full-island customs closure in December will further boost the overall development of Hainan's tourism retail market. CITIC SEC recommends actively focusing on the duty-free sector.