Stock Track | CTG DUTY-FREE Soars 8.82% Intraday on Fiscal Policies Boosting Consumption
Stock Track12-29 09:36
CTG DUTY-FREE (01880) surged 8.82% during intraday trading on Monday, reflecting strong investor optimism following the announcement of fiscal policies aimed at boosting consumption in China.
The National Fiscal Work Conference outlined plans to stimulate consumption through measures such as supporting the replacement of old consumer goods and expanding domestic demand. CTG DUTY-FREE, a key player in duty-free shopping services for inbound tourists, is expected to benefit from potential policy changes like more convenient visa and tax refund measures, which could drive incremental customer traffic and sales.
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