BRIEF: China Tourism Group Duty Free’s revenue, profit decline in 2024
Duty free store operator China Tourism Group Duty Free Corp. Ltd. (1880.HK) said on Thursday its revenue and profit both dropped by double-digit amounts last year, as Chinese consumers reined…
INDUSTRY BRIEF: MSCI culls more China stocks from its indexes
Stock index compiler MSCI Inc. said it will remove 60 Chinese stocks from its indexes, including 56 companies listed on China’s domestic A-share market and four listed in Hong Kong.…
With cost pressures down, China’s duty-free leader gets in the groove
China Tourism Group Duty Free has significantly lowered its costs with new lease agreements at Beijing and Shanghai airports, as investors eye potential for new tourism stimulus Key Takeaways: China…
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