News Snapshot:
Typhoon Delays Launch of China Travel Retailer in Hong Kong China Travel Group Duty Free launched its delayed trading in Hong Kong on Thursday, after the state-controlled travel retailer raised $2.1 billion in a share sale the city’s largest this year. Heavy rain and strong winds caused by the storm prompted the operator of Hong Kong’s stock exchange to open the market at 1 p.m. local time, resulting in a shortened trading day. It also postponed the on-site listing of CTG Duty Free to Friday morning. Source link
