A-shares fluctuate unexpectedly | Hit by negative news? China Duty Free drops to limit down

2026-02-25 09:52:22

Abstract generation in progress

Gelonghui February 24 | China Duty Free A-shares hit the daily limit down, closing at 85.18 yuan; H-shares fell over 10% to 82.5 HKD. Market sources say that the results of the duty-free project bids at the two major international aviation hubs in Beijing and Shanghai have been announced successively, negatively impacting China Duty Free. In response, a staff member from China Duty Free’s securities department told the media that stock prices are affected 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 has not yet reached the standard for issuing an announcement; official data should be used as the standard.

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