[ET Net News Agency, 7 January 2026] Morgan Stanley raised the target price for CTG Duty-Free (01880) to HKD89 from HKD60 and maintained the "equal-weight" rating.
The research house said it is constructive on Hainan's travel retail outlook, supported by gradual macro recovery, positive wealth effects, more category expansion, and policy support. (rc)
The research house said it is constructive on Hainan's travel retail outlook, supported by gradual macro recovery, positive wealth effects, more category expansion, and policy support. (rc)