China Tourism Group Duty Free (SHA:601888, HKG:1880) won operating rights for duty-free shops in Shenzhen, Guangzhou, Xi'an, Fuzhou, Chengdu, and Tianjin.
With these additions, the large-scale joint-stock tourism retailer now operates duty-free shops in 13 cities, according to a Friday filing with the Shanghai bourse.
Shares of the company were down 1% in recent trade on the Shanghai bourse.