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Changes in Hong Kong stocks | Smalls International rose more than 12%, and its market capitalization returned to HK$80 billion after 3 months
Glonhui, December 8丨Small International (6969.HK) rose more than 12% in the afternoon. It is now reported at HK$13.3. The total market capitalization returned above HK$80 billion after a lapse of 3 months. The latest report from Shanghai No. 1 points out that with the standardized development of the industry, the company's production capacity quota is abundant. Six subsidiaries have obtained tobacco manufacturer licenses, and domestic business is expected to resume quarterly next year. Give a target price of HK$16.4 and maintain the buy rating. Some industry insiders analyzed that the previous introduction of e-cigarette consumption tax is conducive to the stable development of the e-cigarette industry. As some small and medium-sized e-cigarette companies will withdraw from the market, it is generally beneficial
Hong Kong stocks and tobacco stocks continued to rise at the end of the session. China Tobacco Hong Kong rose nearly 14%, Smoores International rose nearly 12%, and BYD Electronics rose more than 4%.
Changes in Hong Kong stocks | Smoores International (06969) rose 12%, the agency indicated that sales of new national standard products are expected to improve markedly after 23Q1, and overseas business will continue to grow steadily
The Zhitong Finance App learned that in the afternoon, Smoores International (06969)'s upward trend accelerated, rising by about 12%. According to the agency's latest report, sales of new national standard products may be expected to see a marked improvement after Q1 in '23. The company's overseas business has benefited from an improved market pattern and is still expected to achieve steady growth. The long-term layout value of stock prices is prominent. As of press release, Smoores International rose 12.31% to HK$1,332, with a turnover of HK$501 million. On December 8, CITIC Securities stated in its 23-year strategy report for the light industry manufacturing industry that the bottom line of the domestic market policy for the new tobacco industry is clear, and next year's performance is expected to be low. And overseas
Changes in Hong Kong stocks | Tobacco concept stocks rose collectively. Macao's new ban on e-cigarettes comes into effect today.
Gelong Exchange rose collectively on December 6, with BYD Electronic up 7%, Smoore International Holdings Limited 4.8%, Huabao International 1%, China Tobacco Hong Kong and China Bolton followed suit. In order to strengthen the protection of young people from the harm of e-cigarettes, Law No. 13 / 2022 of the Macao Special Administrative region (MSAR) "amending Law No. 5 / 2011 on the system of smoking Prevention and Control" came into effect on December 5th. The law makes it clear that the MSAR prohibits the manufacture, distribution, sale, import and export of e-cigarettes and tobacco products for oral or nasal inhalation, including the prohibition of carrying such products out of the country and into the MSAR.
Hong Kong tobacco concept stocks rose, BYD Electronic rose more than 6%, Smoore International Holdings Limited rose nearly 6%, Huabao International, China Tobacco Hong Kong and so on rose.
New ban on e-cigarettes in Macao comes into effect
Short Interest in Smoore International Holdings Limited (OTCMKTS:SMORF) Rises By 70.7%
Smoore International Holdings Limited (OTCMKTS:SMORF – Get Rating) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short intere
Changes in Hong Kong stocks | Smoore International Holdings Limited (06969) led the rise in e-cigarette concept by more than 5%. E-cigarette regulation continues to refine the limited delivery of related products.
Zhitong Financial APP learned that e-cigarette concept stocks opened higher in early trading. As of press time, Smoore International Holdings Limited (06969) rose 4.68% to HK $11.64; Huabao International (00336) rose 3.24% to HK $4.14; BYD Electronic (00285) rose 2.28% to HK $22.45; and China Tobacco Hong Kong (06055) rose 1.09% to HK $9.3. On the face of the news, the State Tobacco Monopoly Administration issued a notice saying that each person carries electronic cigarette products, aerosols and nicotine for electronic cigarettes in a limited amount every time, which stipulates that everyone carries electrons in different places every time.
Hong Kong tobacco stocks rose, Smoore International Holdings Limited rose more than 6%, BYD Electronic rose nearly 3%, Huabao International rose more than 2%, China Tobacco Hong Kong rose.
State Post Bureau: each piece of nicotine for nebulization such as cigarette liquid and electronic cigarettes is limited to 12ml
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