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24823 CTCTGDF@EC2503A (CALL)
RT Nominal unchange0.017 0.000 (0.000%)

17/07/2024 15:12

{I-bank focus}HSBC lowers CTG Duty-Free (01880) to HKD55

[ET Net News Agency, 17 July 2024] HSBC Global Research lowered the target price for CTG
Duty-Free (01880) to HKD55 from HKD120.3 and downgraded the rating to "hold" from "buy".
The research house said while the earnings outlook remains bleak, policies to boost the
onshore duty-free market could boost growth for CTG. (rc)

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