--- title: "CTG DUTY-FREE (1880) loses operating rights in Shanghai, stock price continues to plummet for 3 days" description: "CTG DUTY-FREE's stock price experienced a rare limit down on February 24, continuing until the close, with the Hong Kong stock market falling 10.51%. The stock has plunged for three consecutive days i" type: "news" locale: "en" url: "https://longbridge.com/en/news/276824350.md" published_at: "2026-02-25T03:24:31.000Z" --- # CTG DUTY-FREE (1880) loses operating rights in Shanghai, stock price continues to plummet for 3 days > CTG DUTY-FREE's stock price experienced a rare limit down on February 24, continuing until the close, with the Hong Kong stock market falling 10.51%. The stock has plunged for three consecutive days in the Hong Kong market, with a decline of over 22%. The company's securities department stated that the stock price is affected by multiple factors and confirmed the loss of some operating rights at Shanghai Airport, with relevant announcements having been made. As for the Spring Festival sales data, only daily data from certain regions is currently available, which has not yet reached the announcement standard On February 24th, CTG DUTY-FREE (1880.HK) experienced a rare limit-down during intraday trading yesterday, continuing until the close. The Hong Kong stock market also declined, with an overall drop of 10.51%. Notably, the stock has seen a continuous decline for three days in the Hong Kong market, with a total drop of over 22%. On February 20th and February 23rd, the stock fell by 5.44% and 8.88% respectively over two consecutive trading days. The securities department of CTG DUTY-FREE responded that the stock price is influenced by various factors. Regarding the duty-free operating rights at the two major international aviation hubs in Beijing and Shanghai, the company has indeed lost part of its operating rights at Shanghai Airport, and a related announcement has already been issued earlier. As for the company's sales data during the Spring Festival, it currently only has daily sales data from certain regions such as Sanya, which has not yet reached the standard for announcement and must be based on official data ### Related Stocks - [601888.CN - CTG DUTY-FREE](https://longbridge.com/en/quote/601888.CN.md) - [600009.CN - SIA](https://longbridge.com/en/quote/600009.CN.md) - [01880.HK - CTG DUTY-FREE](https://longbridge.com/en/quote/01880.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Trump's trade war will reach a cease-fire - but the post-midterm battle could bruise your portfolio | President Trump's trade war is expected to simmer in 2026 but escalate again in 2027, coinciding with his final politica | [Link](https://longbridge.com/en/news/276735748.md) | | Hygon's 2025 Profit Rises 32%; Q1 Profit Seen to Jump Up to 42% | Hygon's 2025 Profit Rises 32%; Q1 Profit Seen to Jump Up to 42% | [Link](https://longbridge.com/en/news/277024307.md) | | China Everbright Water Issues Cautious FY2025 Results Presentation | China Everbright Water has released its FY2025 annual results presentation, detailing its operations and management pers | [Link](https://longbridge.com/en/news/277145233.md) | | Moore Threads’ flagship AI chip compatible with latest Alibaba models | Moore Threads Technology has announced full-stack compatibility of its MTT S5000 GPU with Alibaba Cloud's Qwen3.5-series | [Link](https://longbridge.com/en/news/277207332.md) | | China Pacific Insurance Sets Up Nomination and Remuneration Committee to Strengthen Governance | China Pacific Insurance (Group) Co. has established a nomination and remuneration committee to enhance its governance st | [Link](https://longbridge.com/en/news/277198323.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.