Haikou Duty-Free Sales Increase by Approximately 35% Year-on-Year in First Week of Hainan Island's New Duty-Free Policy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 10 2025
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Source: aastocks
Tourism Consumption Growth: Hainan Island's duty-free shopping saw a total of RMB506 million in sales and 72,900 shoppers from November 1-7, marking year-on-year increases of 34.86% and 3.37%, respectively.
Stock Market Impact: Chinese tourism-related stocks experienced significant gains, with CTG DUTY-FREE rising 13.2% to an over-one-year high, alongside notable increases in other companies like AIR CHINA and SAMSONITE.
Analyst Views on 00357
Wall Street analysts forecast 00357 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00357 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 10.600
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Current: 10.600
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
