After Wangfujing’s stock price surged due to its 188bet app download，Another retail company announced its application for a 188bet app download。

Evening of July 15th，Wuhan Wushang Group Co., Ltd. (hereinafter referred to as "Ewushang A") pointed out when issuing an announcement on abnormal stock trading fluctuations，The company has applied to relevant government departments for 188bet app download goods business qualifications，This work is still in progress。Opening on July 16th，Ewu Business A one-word daily limit。

Relevant personnel of Hubei Wushang A said in an interview with a reporter from the International Finance News on the afternoon of the 16th，188bet app download move is also in response to the country’s corresponding call，But it is not clear whether the above application can be approved。

In fact，Not just Hubei Wushang A，Days ago，Bailian shares also stated in the corresponding announcement，The company’s controlling shareholder is applying for 188bet app download goods business qualification，But there is uncertainty about approval。On July 2 to July 10，Bailian shares have reached daily limit for 7 consecutive trading days。

Affected by the epidemic，The 188bet app download industry this year is bleak。So，After the 188bet app download industry experienced a surge in stock prices in the secondary market due to the tax-free concept，There are many opinions，Carry out related business after obtaining tax-free license，Or the "life-saving straw" for department stores。

To this，A senior retail person told the "International Finance News" reporter that it is still too early。“Enterprises need to go through certain procedures to obtain 188bet app download business qualifications，This means that the companies that have applied are still some distance away from obtaining the license。And even if you get the license，The development of related business is not a matter of time。”

The 188bet app download price is “first” before the license is issued

The “take-off” of stock prices driven by 188bet app download starts with Wangfujing in early June。

Evening of June 9th，Wangfujing announced，The company received the "Notice from the Ministry of Finance on Wangfujing Group Co., Ltd.'s 188bet app download business qualifications" forwarded by the controlling shareholder Beijing Capital Tourism Group Co., Ltd. on the same day，Granted 188bet app download goods business qualification，Companies are allowed to operate 188bet app download retail business。

Although the trading volume of stocks has continued to increase sharply since the end of April、The 188bet app download price rose sharply continuously and was suspected of insider trading，But on June 10th，Wangfujing still ushered in another daily limit，The market value increased by more than 2.1 billion yuan that day。

At that time，Many retail industry insiders told the reporter of International Finance News，On obtaining a tax-free license，Wangfujing will not be an isolated case，Guangbai Shares、Bailian Shares、Ewu Shang A and other 188bet app download may also be approved。

March this year，With the consent of the State Council，National Development and Reform Commission、Central Propaganda Department、23 departments including the Ministry of Education jointly issued the "Implementation Opinions on Promoting Consumption Expansion and Quality Improvement to Accelerate the Formation of a Strong Domestic Market"，It proposes to improve the city’s 188bet app download shop policy，Build a number of city 188bet app download shops with Chinese characteristics。

“The current national policy is to stimulate consumption，Part of it is to find ways to keep mid- to high-end consumption in the country。Policy analysis in March，The 188bet app download shop operating qualifications in cities such as Beijing, Shanghai, Guangzhou, Shenzhen and Wuhan may be released according to the pilot situation。”To this，Business Observer founder Yan Juyang once told reporters。

Afterwards，Many 188bet app download stocks experienced a wave of continuous rise in stock prices。Take Bailian shares as an example，June 11，Its announcement stated，The stock’s closing price increase deviation exceeded 20% in three consecutive trading days from June 9 to 11，According to the relevant provisions of the "Shanghai Stock Exchange Trading Rules"，Belongs to abnormal fluctuations in stock trading。However，The name of Bailian Stock at that time，It has not found any media reports or market rumors involving the company that require clarification or response，The company does not involve hot concepts either。

Announcement on abnormal stock fluctuations on July 6，Bailian shares are finally disclosed to the public，The controlling shareholder Bailian Group has applied to relevant government departments for 188bet app download goods business qualifications，This work is still in progress。

"International Finance News" reporter noted，From June 9 to July 6，The share price of Bailian shares has increased by 117%，Market value increased by nearly 20 billion 188bet app download。

Hangzhou Jiebai also saw its share price rise、Ewu Shang A, etc.。However，Hangzhou Jiebai stated in the announcement on July 9，The company has not obtained the qualification to operate 188bet app download goods and has no relevant plans in the near future。“At present, the company’s main business is still the retail business of taxable goods，The company’s production and operation conditions have not changed。”

For the stock price fluctuations of related listed companies，Wang Guoping, a member of the senior advisory group of Lianshang.com, pointed out to reporters，Mainly because capital sees the imagination space of the future。“If some department stores can get tax exemption，The free valuation will be reduced。Assuming that the valuation will be reduced by 30%，You can free up 100 billion space for other 188bet app download shops。The market value of domestic department stores is low，Great flexibility in imagination，It triggers the entry of some funds into the game。”

Currently，Among the department stores，Wangfujing is the fastest growing business。Afternoon, July 8，Wangfujing announced that it plans to invest in the establishment of a wholly-owned subsidiary, Beijing Wangfujing Duty Free Products Management Co., Ltd.，Registered capital is 500 million yuan，Used to carry out 188bet app download goods operations and other businesses。

From the opening on June 9 to the closing on July 8，Wangfujing’s stock price has increased from 25.20 yuan rose to 74.12 yuan，Market value increased by 38 billion yuan。On July 13th，Wangfujing announced，Company shares Tokyo Guorui Fund plans to reduce its holdings of some company shares。188bet app download shareholding reduction plan will be carried out through centralized bidding，The number of reductions shall not exceed 15,525,006 shares，Not exceeding 2% of the company’s total share capital。

“The market is divided on the value of licenses，Wangfujing shareholders begin to reduce their holdings。”To 188bet app download，A capital industry observer who did not want to be named said 188bet app download。

Can 188bet app download business save department stores?

Since July，The tax-free concept was once extremely “hot”。Just at the beginning of this month，Hainan’s outlying island 188bet app download shopping policy faces the “biggest adjustment in history”。Ministry of Finance、General Administration of Customs、It is clarified in the "Announcement on 188bet app download Shopping Policies for Visitors from Hainan Islands" issued by the State Administration of Taxation，All business entities with 188bet app download product distribution qualifications can equally participate in 188bet app download operations on Hainan outlying islands。In addition，The 188bet app download shopping limit is increased from 30,000 yuan to 100,000 yuan per person per year。

In this context，Not just a department store，Including Caesars Travel、188bet app download-related stocks such as Uxin Travel have also experienced “price increases”。Evening of July 15th，Lingnan Holdings stated when announcing the abnormal fluctuations in stock trading，The controlling shareholder Lingnan Group is advancing the relevant work of applying for 188bet app download goods business qualifications，And has formally submitted a request to the relevant departments of the Guangzhou Municipal Government to support its application for a tax-free business license。July 16，Lingnan Holdings hit the daily limit at the opening。

As understood，Before Wangfujing，There are only 7 domestic companies with tax-free licenses。respectively free of charge、Rishang Duty Free、sea free、Zhuwu、Deep Free、Cream service、中华国。How big is the 188bet app download market？"China Fund News" quoted CITIC Securities Research as saying，End of 2019，Domestic 188bet app download scale exceeds approximately 50 billion yuan，Estimated to 2025，The total domestic tax-free space is expected to exceed 160 billion yuan，Long-term expectations exceed 200 billion yuan。

Coming this year，Because of the impact of the epidemic，The 188bet app download industry, which was already undergoing transformation and recovery, has fallen into a downturn again。Days ago，Renrenle released its 2020 semi-annual performance forecast，Indicates that the net profit attributable to shareholders of listed companies is -1.500 million to -1.200 million yuan。its representation，The main reasons for the loss include the impact of the COVID-19 epidemic on department stores, shopping malls and supporting leasing businesses，Significant drop in passenger flow、Significant rent reduction、Withdrawal of cabinets and empty venues, etc. are in serious situations，Resulting in a decrease in revenue and store merchandise sales and comprehensive gross profit falling short of expectations。

In Yan Juyang’s opinion，The current customer flow situation in the department store industry is indeed not very good，Operation needs new business that can boost customer flow，188bet app download shops have the potential to increase revenue and profits。“188bet app download shops mainly focus on luxury goods and mid- to high-end tobacco and alcohol consumption、Beauty products and other high-value products，The gross profit is considerable。At the same time，The old supply chains of 188bet app download business and department store industry can overlap and utilize resources。Theoretically，Department stores have the supply chain advantage of being good at 188bet app download shops、Product Advantages、Scenario advantages, etc.”。

From the capital market perspective，With tax-free concept，Wangfujing、Hangzhou Jiebai、Bailian and other listed department store companies have “enjoyed” a surge in stock prices。Then，From a business operation perspective，Can 188bet app download license become a "life-saving straw" for the department store retail industry？

To this，Wang Guoping told the reporter of International Finance News，In three categories of 188bet app download shops，The downtown store is indeed a blank。But consumers go to 188bet app download shops，Basically they go for big luxury brands，Department stores want to enter the luxury 188bet app download market，Very test of investment ability。“If the tax-free business of department stores can only deal with some less well-known brands，It won’t cause too big a ripple”。

He said，In Beijing、First-tier cities like Shanghai，Department store companies have a relatively higher probability of success in expanding 188bet app download stores in the city，But for now，Expanding 188bet app download business in department stores，Luxury brands have not expressed their stance，Only one end of the mall is hot。“I haven’t seen Chanel yet、Gucci and other brands come out and say a few words，Probably also waiting and watching。”

*Source of 188bet app download article：International Financial News, author: Wang Minjie, original title: "“Competing” for the 100 billion 188bet app download market，Related concept stocks have been tumbling，188bet app download license is a “life-saving straw” for the department store industry？》.