Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. Photo: Xinhua
Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. Photo: Xinhua

China Tourism Duty Free said to get green light for Hong Kong IPO

  • Shanghai-listed China Tourism Group Duty Free has been given green light to proceed with Hong Kong IPO, source says
  • With a market cap of US$70.4 billion, the world’s largest travel retailer by sales is set to raise US$5 billion, reports say

Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. Photo: Xinhua
Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. Photo: Xinhua
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