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Chinese Duty-Free Stocks Surge on Boost From Tariff Tensions

China Tourism Group Duty Free Corp. shares rose as much as 28 percent in Hong Kong and Hainan Haiqi Transportation Group Co. surged by the 10 percent daily limit on the mainland.
Duty free shopping in an airport.
China Tourism Group Duty Free Corp. shares rose as much as 28 percent in Hong Kong and Hainan Haiqi Transportation Group Co. surged by the 10 percent daily limit on the mainland. (Shutterstock)

Shares of Chinese companies operating duty-free stores jumped on expectation that pricing of their goods may become more competitive than mainstream retailers after sweeping tariffs.

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