Zhi Tong Cai Jing·2026-01-29 05:49Core Viewpoint - China Duty Free Group (中国中免) shares rose over 5%, indicating positive market sentiment following government announcements and strategic acquisitions [1] Group 1: Government Policy Impact - The Ministry of Finance and four other departments issued a notice on January 21, proposing the establishment of one new duty-free shop at 41 ports, including Wuhan Tianhe International Airport [1] - This initiative is expected to increase the number of duty-free shops in China, expanding coverage and facilitating duty-free shopping for inbound travelers, thereby supporting consumer spending [1] Group 2: Strategic Acquisition - China Duty Free Group plans to acquire DFS's Greater China business for $395 million, marking its first cross-border acquisition [1] - The acquisition aims to strengthen China Duty Free's market position in the Hong Kong and Macau regions, integrating DFS's member, brand, and store resources to expand overseas channels and advance its international strategy [1] - LVMH will become a new shareholder and strategic partner, enhancing collaboration between its brands and China Duty Free across various channels [1]