China CDC Group stock price hits the limit down, latest response has arrived

CryptocurrencySniper · 2026-02-24T06:44:46+00:00

On February 24th, China Duty Free Group's stock price dropped to 85.18 yuan per share, hitting the daily limit, due to unfavorable results in the bidding for the Beijing-Shanghai International Airport duty-free project. The company responded that the stock price was affected by multiple factors and confirmed the loss of part of the operation rights at Shanghai Airport. The Spring Festival sales data has not yet met the disclosure standards.

CryptocurrencySniper

2026-02-24 06:44:46

Abstract generation in progress

On the morning of February 24th, China Duty Free Group’s stock price hit the daily limit, falling to 85.18 yuan per share.

Market sources indicate that the results of the duty-free project bids at the two major international aviation hubs in Beijing and Shanghai have been announced successively, which is a negative factor for China Duty Free Group. In response, a staff member from China Duty Free’s securities department exclusively 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 public announcement; official data should be considered authoritative.

(Source: China Securities Journal · China Securities Golden Bull)

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