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The United States is not allowed to sell e-cigarettes, how long can it be sold in China?
China has issued a number of laws to regulate the market
Concept tracking | the State Tobacco Administration continues to promote the development of standardized e-cigarette industry, and the medium-and long-term penetration rate of e-cigarettes is expected to continue to increase (with concept unit)
Zhitong Financial and Economic APP learned that the official website of the State Tobacco Monopoly Bureau issued a document on the 19th to continue to promote the legalization and standardization of the development of the e-cigarette industry in an orderly manner. Recently, the State Tobacco Monopoly Bureau has issued a number of e-cigarette related production enterprises tobacco monopoly production enterprise licenses and changed a number of e-cigarette wholesale enterprises tobacco monopoly wholesale enterprise licenses in accordance with the law; tobacco monopoly administrative departments at all levels have issued a number of tobacco monopoly retail licenses as the main body of the e-cigarette retail market in accordance with the law. A number of e-cigarette products that meet the national standards of "e-cigarette" have passed the technical evaluation one after another. Soochow Securities believes that carrying out strict and standardized testing activities will
Changes in Hong Kong stocks | E-cigarette concept stocks pull up Blue Book estimates that the export of e-cigarettes this year is 186.7 billion yuan
On June 17, China's Bolton soared by more than 30% in intraday trading, but now it is up more than 19%. Huabao International is up 5%, Smoore International Holdings Limited is up more than 4%, and China Tobacco Hong Kong is up 1.54%. At the sixth e-cigarette standard development promotion meeting in 2022, the blue book on e-cigarette export was launched. It is estimated that China's e-cigarette export scale will reach 186.7 billion yuan this year, including 45.3 billion yuan in the first quarter. Shenzhen is the center of e-cigarette industry. Lu Jixian, deputy director of Investment Promotion Agency of Baoan District, said at the conference that at present, more than 95% of the world's e-cigarette production and products come from China. It is reported that Simo, the leader,
China Tobacco Hong Kong (06055.HK): Wang Chengrui is qualified to serve as company secretary.
According to the announcement of China Tobacco Hong Kong (06055.HK) on June 10, the Stock Exchange confirmed that under Rule 3.28 of the listing rules, Mr. Wang Chengrui is qualified to serve as the company secretary of the company. On June 10, 2022, Mr. Zhang Qichang resigned as joint company secretary with effect from June 12, 2022. After Mr. Zhang resigns, Mr. Wang will become the only company secretary in the company.
China Tobacco Hong Kong (06055): Zhang Qichang resigned as Joint Company Secretary
Zhitong Financial App News, China Tobacco Hong Kong (06055) issued an announcement, the Stock Exchange confirmed that under Rule 3.28 of the listing rules, Wang Chengrui is qualified to serve as the company secretary of the company. On June 10, 2022, Zhang Qichang resigned as joint company secretary with effect from June 12, 2022. After Zhang Qichang resigns, Wang Chengrui will become the only company secretary of the company.
Changes in Hong Kong stocks | Smoore International Holdings Limited (06969) up more than 4% to lead the rise of e-cigarette concept stocks e-cigarette production enterprise license is about to be issued
Zhitong Financial APP learned that e-cigarette stocks rose generally in early trading. As of press time, Smoore International Holdings Limited (06969) rose 4.45% to HK $19.7; BYD Electronic (00285) rose 4.4% to HK $18.02; China Tobacco Hong Kong (06055) rose 3.59% to HK $11.54; Huabao International (00336) rose 1.72% to HK $4.13. On the news, the website of the State Tobacco Monopoly Bureau released "answers to questions related to administrative licensing and product technical evaluation of e-cigarettes" on June 2, revealing that a batch of e-cigarettes that meet the requirements of administrative license will be approved and issued in the near future.
China Tobacco Hong Kong: 2021 Annual report
China Tobacco clearly defines the conditions for e-cigarette-related production enterprises to apply for production enterprise license.
Tianfeng Securities: regulatory landing to push up the threshold of e-cigarettes is good for the upstream and downstream leading China Tobacco supply chain to re-push Jingjia shares (002191.SZ) and so on.
Zhitong Financial APP learned that Tianfeng Securities released a research report saying that the release of the official version of the national standard defines a unified production standard for atomized e-cigarettes, and the landing of supervision will effectively push up the threshold of the industry, increase the degree of concentration, and benefit the upstream and downstream leading enterprises in the industry. In terms of tobacco supply chain, focus on the recommendation-Jinjia shares (002191.SZ, domestic tobacco standard leader, active card layout of new tobacco) It is recommended to pay attention to China Tobacco Hong Kong (06055), Huabao International (00336), China Bolton (03318), Jiyou shares (603429.SH), Shun Hao shares (002565.SZ), Dong Dong.
The State Administration of Market Supervision and Administration (State Standardization Administration) has approved the compulsory national standard for e-cigarettes, which is now promulgated and will come into effect as of October 1, 2022.
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