Global ambitions taking shape

China Duty Free sees HK stores as first stop on road to wider presence

China Duty Free Group, a unit of mainland's State-owned tourism giant China National Travel Service Group Corp, has added the finishing touches to its Hong Kong venture, a move that adds flesh to the bones of its global ambitions.

The company officially unveiled eight liquor and tobacco duty-free stores spanning 3,400 square meters at Hong Kong International Airport on Thursday, in a joint venture with French travel retailer Lagardere Services under a new brand of Duty Zero by CDF.