BRIEF: China Jinmao disposes of Sanya Ritz-Carlton
Property developer China Jinmao Holdings Group Ltd. (0817.HK) said on Tuesday it disposed of its Ritz-Carlton Sanya Yalong Bay on South China’s Hainan Island through an asset securitization deal valuing the resort…
Duty-free giant CTG plays hardball to win shop contracts in Shanghai airports
The company’s spat with one of its own subsidiaries highlights the importance of airport outlets for duty free operators struggling with sluggish business in a slowing economy Key Takeaways: CTG…
FAST NEWS: CTG Duty Free’s vice chairman leaves to retire
The Latest: Duty-free store operator China Tourism Group (CTG) Duty Free Corp. Ltd. (1880.HK; 601888.SH) announced Thursday its executive director and vice-chairman Chen Guoqiang has retired from the company. Looking Up: The…
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