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China Tourism Group Duty Free to Restructure Governance Framework

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China Tourism Group Duty Free to Restructure Governance Framework

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The latest update is out from China Tourism Group Duty Free Corporation Limited Class H ( (HK:1880) ).

China Tourism Group Duty Free Corporation Limited announced plans to abolish its supervisory board and amend its articles of association and various procedural rules to enhance corporate governance and streamline operations. These changes, which will be voted on at an extraordinary general meeting, aim to transfer the supervisory board’s functions to the Audit and Risk Management Committee, potentially impacting the company’s governance structure and operational efficiency.

The most recent analyst rating on (HK:1880) stock is a Buy with a HK$87.00 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, focusing on the duty-free retail industry. It is listed on the Hong Kong Stock Exchange and is involved in the operation of duty-free shops, providing a range of products to travelers.

Average Trading Volume: 2,616,870

Technical Sentiment Signal: Buy

Current Market Cap: HK$152.5B

For an in-depth examination of 1880 stock, go to TipRanks’ Overview page.

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