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China Tourism Duty Free Tightens Governance With Revised Remuneration Committee Rules

Story Highlights
  • China Tourism Duty Free updated its Remuneration and Evaluation Committee rules to strengthen oversight of director and senior management pay.
  • The revised framework clarifies independent-dominated committee structure and authority over performance appraisals, incentive plans and transparent remuneration policies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Tourism Duty Free Tightens Governance With Revised Remuneration Committee Rules

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China Tourism Group Duty Free Corporation Limited Class H ( (HK:1880) ) has issued an announcement.

China Tourism Group Duty Free Corporation Limited has amended the rules of procedure for its Board Remuneration and Evaluation Committee, effective December 2025, to refine the framework governing performance appraisal and remuneration management for directors and senior management. The revised rules clarify the committee’s composition, emphasizing a majority of independent directors, define its mandate to set appraisal standards, formulate and review remuneration policies, oversee equity incentive and employee share ownership plans, and ensure transparent, market‑aligned pay structures and clawback arrangements, underscoring a push to strengthen corporate governance and align management incentives with corporate goals and shareholder interests.

The most recent analyst rating on (HK:1880) stock is a Buy with a HK$90.00 price target. To see the full list of analyst forecasts on China Tourism Group Duty Free Corporation Limited Class H stock, see the HK:1880 Stock Forecast page.

More about China Tourism Group Duty Free Corporation Limited Class H

China Tourism Group Duty Free Corporation Limited is a leading Chinese duty-free retail operator, focusing on the sale of tax-free goods to travelers across airports, ports and key tourism hubs. The company operates within the travel retail and tourism consumption industry, leveraging China’s growing outbound and domestic tourism market to provide a wide range of branded consumer products to international and domestic travelers.

Average Trading Volume: 4,624,175

Technical Sentiment Signal: Buy

Current Market Cap: HK$199.8B

Learn more about 1880 stock on TipRanks’ Stock Analysis page.

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