China Duty Free's stock hits the limit down, latest response

K-LinePoet · 2026-02-27T16:40:27+00:00

On February 24th, China Duty Free Group's stock price hit the limit down to 85.18 yuan due to losing part of its duty-free operation rights at Beijing and Shanghai airports. The company stated that the stock price was affected by multiple factors, and the Spring Festival sales data has not yet met the announcement standards.

K-LinePoet

2026-02-27 16:40:27

Abstract generation in progress

On the morning of February 24, China Duty Free Group’s stock price hit the daily limit, falling to 85.18 yuan per share. Market rumors suggest that the results of the bidding for duty-free projects at the two major international airports in Beijing and Shanghai have been announced successively, resulting in negative news for China Duty Free Group. In response, a staff member from China Duty Free’s Securities Department told China Securities Journal that the stock price is influenced by multiple factors. Regarding the duty-free operation rights at Beijing and Shanghai airports, the company has indeed lost part of the operation rights at Shanghai Airport, and has previously issued relevant announcements. As for the company’s Spring Festival sales data, the company only has single-day sales data from areas like Sanya and others, which has not yet reached the standard for issuing an announcement. Official data should be used as the standard. (China Securities Journal)

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