In 2024, Hainan's duty-free sales dropped by more than 10 billion yuan, and China Tourism Group Duty Free Corporation's Listed in Hong Kong shares have fallen nearly 40% from their previous highs.

① In 2024, duty-free sales in Hainan will decline by over 10 billion yuan. How significant will the drop be? ② China Tourism Group Duty Free Corporation's Listed in Hong Kong share price has fallen nearly 40% from its previous high. What is the view of the Institutions?

cls.cnJan 8 03:47 ET

Hong Kong stocks movement | China Tourism Group Duty Free Corporation (01880) fell more than 4% in the afternoon as offshore duty-free sales remain under pressure in the short term, with market sentiment affected by macro consumer strength.

China Tourism Group Duty Free Corporation (01880) fell more than 4% in the afternoon, as of the time of writing, down 4.14%, trading at 50.9 Hong Kong dollars, with a turnover of 42.285 million Hong Kong dollars.

Zhitong FinanceJan 2 00:58 ET

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Business TodayDec 30, 2024 20:53 ET

China Tourism Group Duty Free (SHSE:601888) Shareholders Have Endured a 67% Loss From Investing in the Stock Three Years Ago

Simply Wall StDec 28, 2024 20:37 ET

As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.

① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.

cls.cnDec 26, 2024 00:37 ET