china tourism group duty free corps stock fell in its market debut in hong kong a tepid response from investors to the citys biggest listing this year amid caution about rising interest rates globally and the economic outlook ctg duty frees stock opened 24 lower at hk12000 in thursdays afternoon trade but quickly bounced to around its offer price of hk15800 a share it was recently 02 lower at hk15770 hong kongs morning trading session was canceled in due to a typhoon alert the travel retailer raised gross proceeds of 1624 billion hong kong dollars us207 billion from the listing which it said will be used to improve supplychain efficiency overseas expansion marketing and working capital among other usages the companys shanghailisted stock last traded 11 higher at 19197 yuan us2799 having declined 13 so far this year