Leadership Change at China Tourism Group Duty Free Corporation

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

China Tourism Group Duty Free Corporation Limited announced a change in its joint company secretary position, with Mr. Chang Zhujun resigning due to work adjustments and Mr. Yang Hongyi being appointed as the new joint company secretary. Despite Mr. Yang not meeting the Hong Kong Listing Rules’ qualifications for the role, the company has secured a waiver from the Hong Kong Stock Exchange for a period of three years, allowing him to serve in this capacity. This change reflects the company’s strategic adjustments in its leadership roles, potentially impacting its governance and operational dynamics.

The most recent analyst rating on (HK:1880) stock is a Buy with a HK$88.00 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 joint stock company incorporated in the People’s Republic of China. The company, along with its subsidiaries, operates in the duty-free retail industry, focusing on providing duty-free merchandise across various locations, including airports and downtown stores.

Average Trading Volume: 4,010,459

Technical Sentiment Signal: Sell

Current Market Cap: HK$130.1B

For a thorough assessment of 1880 stock, go to TipRanks’ Stock Analysis page.