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[Hong Kong Stock Connect] smoore intl (06969) rose by 3.14%. british american tobacco expects the number of aerosol electronic cigarette users to reach 0.11 billion by 2030.
King's Wealth News | Smoore Intl (06969) stock price fluctuated upwards in the morning session, as of press time, up by 3.14%, at HK$11.16, with a turnover of 30.6464 million Hong Kong dollars. The major customer, British American Tobacco (BTI), recently held a capital markets communication day event, where the company stated that it expects continued growth in atomized electronic cigarette users, with an estimated 0.11 billion users by 2030; 2) Although the disposable category has seen rapid growth in recent years, the current trend is changing, with rechargeable closed systems returning to growth trend; 3) Illicit flavored products account for about the overall atomized electronic cigarette market in the USA.
smoore intl (06969) granted a total of 66.9228 million shares of bonus shares.
smoore intl (06969) announced that on October 24, 2024, the company will implement a stock incentive plan...
smoore intl (06969.HK) granted 93.4087 million share purchase rights.
Great Wall Securities in 24th October smoore intl (06969.HK) announced that on 24th October 2024, the company issued a total of 93.4087 million share options to certain eligible participants in the group("grantees") pursuant to the first public offering and subscription rights plan adopted on 15th June 2020.
Research Reports | CICC: Raises smoore intl target price to HK$13.5, maintains 'outperform industry' rating
On October 18, GeLongHui published a research report stating that smoore intl's third-quarter revenue was 3.28 billion yuan, with year-on-year and quarterly growth rates of 14.1% and 16.5% respectively. The bank expects that under the support of the group's localization channels in Europe and America, innovative product differentiation, digital marketing system, among other factors, the company's own brand APV revenue is expected to continue its rapid growth momentum. In addition, with the strengthening of e-cigarette regulations in Europe and America, as well as the company's product upgrades, the third quarter's pod system is expected to steadily improve. Zhongjin Securities predicts that with the improvement in the high-margin own brand and pod system business growth, the optimization of the product structure is expected to drive the company's gross margin to a stable level.
Hong Kong stocks unusual movement | Smoore Intl (06969) rose more than 6% in the afternoon, with opportunities for commercialization in atomization beauty, HNB, and atomization medical.
Smoore Intl (06969) rose by over 6% in the afternoon, as of the deadline, up 5.98%, at 11.34 Hong Kong dollars, with a turnover of 0.153 billion Hong Kong dollars.
CICC raised its target price of China Mengniu Dairy Co., Ltd. (06969.HK) to 13.5 yuan. The new HNB business is expected to usher in a harvest period.
CICC published a research report stating that Smoore (06969.HK) had third-quarter revenue of 3.28 billion RMB, with year-on-year and quarter-on-quarter growth of 14.1% and 16.5% respectively. The bank predicts that under the support of various factors such as the establishment of localized channels in Europe and America, innovative product differentiation, and digital marketing system, the company's own brand APV revenue is expected to continue its rapid growth momentum. In addition, with the strengthening of e-cigarette regulations in Europe and America and the upgrade of the company's products, the third quarter's pod system is expected to steadily improve. Furthermore, under the background of enhanced regulations on disposable e-cigarettes in the United Kingdom, the continuous destocking of related product channels may put pressure on the shipment of its disposable products.
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