Changes in Hong Kong stocks | China Stock Exchange (01880) is expected to rise by more than 3%, net profit is expected to increase by more than 19% year-on-year in the first half of the year, and marginal improvement in sales data can be expected

The Zhitong Finance App learned that China's free trial (01880) rose by more than 3%. As of press release, it had risen 2.47% to HK$51.8, with a turnover of HK$5.54 million.

According to the news, China Insurance Corporation previously announced that it expects revenue of 27.592 billion yuan for the first half of the year, down 1.99% year on year; net profit of 3.106 billion yuan, up 19.49% year on year. The increase in performance was mainly due to the company seizing the opportunities of the Hainan Free Trade Port customs clearance operation and the new duty-free policy for outlying islands, consolidating the advantages of the Hainan market, and achieving good integration results with the acquisition of DFS's retail business in Greater China.

Qunyi Securities Hong Kong released a research report saying that China's free Q2 performance growth rate was slower than in Q1, mainly because the desire to travel in Q2 was suppressed by the sharp rise in fuel prices, which led to a slowdown in the recovery of inbound and outbound tourism in Hainan. In the future, it is expected that due to demand for parent-child travel and the decline in sensitivity to oil price fluctuations, the desire to travel during the summer season will be restored. Relying on the company's promotion of quality and efficiency in the operation of duty-free shops at key airports and deep cultivation in the Hainan market, duty-free sales are expected to grow steadily, and marginal improvements in sales data can be expected.