HK Stock Market Move | China Tourism Group Duty Free Corporation (01880) is up nearly 7%. Its wholly-owned subsidiary was awarded the bid for Section 01 of the Beijing Capital International Airport Duty Free Project.

date
09:24 29/12/2025
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GMT Eight
China Duty Free Group (01880) opened nearly 7% higher, as of the time of writing, it has increased by 6.78% to HK$81.1, with a trading volume of HK$97.482 million.
China Tourism Group Duty Free Corporation (01880) opened nearly 7% higher, rose 6.78% as of the time of writing, and was trading at 81.1 Hong Kong dollars, with a turnover of 9.7482 million Hong Kong dollars. On the news front, China Tourism Group Duty Free Corporation announced that on December 26, 2025, the company received a "Award Notice" from China International Tendering Co., Ltd., confirming that its wholly-owned subsidiary China Duty Free (Group) Co., Ltd. was the successful bidder for the 01 section of the duty-free project at Beijing Capital International Airport. The bid amount is: the guaranteed operating fee for the first year is 480 million RMB, with a sales commission rate of 5% for the first year. The operating period is from the starting date specified in the contract to February 10, 2034 (not exceeding 8 years). After signing the above project, the company's channel advantage at domestic core airports will be further enhanced, which will help meet the diversified shopping needs of inbound and outbound passengers, improve the diversified duty-free shopping experience, and promote the high-quality development of airport duty-free business. If the above project is successfully implemented, it will have a positive impact on the company's future business performance.