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S&P Revises China Tourism Group Duty Free's Outlook to Negative on Weak Sales, Increased Leverage
Express News | JPMorgan Chase & Co's Long Position in H Shares of China Tourism Group Duty Free Decreases to 7.29% on Sept 3 From 8.55% - HKEX
Hong Kong stocks fluctuated | China Tourism Group Duty Free Corporation (01880) fell more than 4% due to slow recovery of duty-free sales in Hainan. Citigroup lowered company's earnings forecast and target price.
China Tourism Group Duty Free Corporation (01880) fell more than 4%. As of the time of publication, it dropped by 4.23%, to 40.75 Hong Kong dollars, with a turnover of 57.3007 million Hong Kong dollars.
China Tourism Group Duty Free (SHSE:601888) Could Easily Take On More Debt
Is the Mid-Autumn Festival tourism market not booming? The prices of airfare and hotels are the same as the off-season, and long-distance outbound tours during the National Day holiday are still popular.
From the perspective of OTA platforms and travel agencies, the prices of air tickets, hotels, and travel products during the Mid-Autumn Festival holiday this year are basically the same as usual. Long-haul outbound tours during the National Day holiday are still popular, with popular products from travel agencies such as Chunqiu Travel and utour group selling out.
CTG DUTY-FREE: 2024 Interim Report
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