Shares of China Tourism Group Duty Free Corporation Limited (HKG: 01880) surged more than 5 percent in morning trade. As of writing, the stock was up 5.13 percent, trading at HK$50.4 with a turnover of HK$25.53 million.

The movement follows the company's release of a preliminary financial report for the first half of 2026. The report indicated an operating revenue of RMB 27.59 billion, representing a slight decrease of 1.99 percent year-on-year. However, net profit attributable to shareholders reached RMB 3.106 billion, marking a significant increase of 19.49 percent compared to the same period last year. Basic earnings per share stood at RMB 1.4983.

During the reporting period, the company capitalized on the opportunities presented by the full island closure operation of the Hainan Free Trade Port and the implementation of new duty-free policies for departing the island. This strategic focus allowed it to solidify its dominant market position in Hainan, leading to improvements in both operating performance and market share.

Concurrently, the company has been actively advancing efforts to enhance the operation and performance of its key airport duty-free storefronts. Furthermore, the acquisition of DFS's retail business in Greater China has yielded positive integration results and economic benefits following the completion of the transaction.