Customers select products in a duty-free shopping mall in Haikou, in south China’s Hainan Province, on October 4, 2020. Photo: Xinhua
Customers select products in a duty-free shopping mall in Haikou, in south China’s Hainan Province, on October 4, 2020. Photo: Xinhua
IPO

China Tourism Group Duty Free gets approval for IPO, targets biggest Hong Kong listing this year at US$2.7 billion

  • The company’s flotation has received approval from the Hong Kong stock exchange’s listing committee
  • The company’s mainland shares have dropped this week as Covid-19 restrictions hit the duty-free shopping haven of Sanya in Hainan province

Customers select products in a duty-free shopping mall in Haikou, in south China’s Hainan Province, on October 4, 2020. Photo: Xinhua
Customers select products in a duty-free shopping mall in Haikou, in south China’s Hainan Province, on October 4, 2020. Photo: Xinhua
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