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This week's Hong Kong stock market hot stocks | With gold prices warming up, bullish voices resonate throughout Wall Street! The old gold shop surged 28% this week, reaching a new high; the "millet economy" continues to boost, with MINISO and POP MART cum
This week, the Hang Seng Index decreased by 1.64%, closing at 19,760.27 points; during the same period, the Hang Seng TECH Index fell by 2.98%, closing at 4,403.12 points; the Hang Seng China Enterprises Index also dropped by 2%, closing at 7,159.28 points.
Behind the doubling of Smoore's sales in a year, has the e-cigarette market improved again?
Last year, there were only a few companies in the Hong Kong stock market that doubled in value, mostly those with significantly improved fundamentals. These stocks generally had previously unfavorable market expectations, and as concerns were invalidated, they rebounded substantially from the bottom. The electronic cigarette Industry has also been quiet for a long time. After the restructuring of the electronic cigarette market in 2022, domestic demand has remained depressed, and most companies in the Industry inevitably experienced performance declines. Even today, most companies have still not been able to regain growth. Under this premise, last year, $SMOORE INTL (06969.HK)$ successfully doubled its value.
SMOORE INTL (06969.HK): The turning point has arrived, looking towards the stars.
Company Profile: SMOORE INTL is a Global aerosol solution provider and a leading provider of aerosol Technology solutions, focusing on the development of aerosol products. Currently, the company's Business covers electronic aerosol, heat-not-burn (HNB), special-purpose aerosol, and aerosol.
Market update | SMOORE INTL rose by over 12%, accumulating a gain of more than 45% over the past five Trades, with Institutions indicating that its traditional swap-type OEM business is expected to recover.
The USA is easing regulations on pod-based flavors, while Europe is tightening regulations on disposable electronic cigarettes, which may lead to a revival of the company's traditional pod-based OEM business. The bank stated that the company's technological advantages are significant, and the HNB logic validates the company's growth potential, with Medical and other non-tobacco businesses continuing to grow, indicating potential for future growth.
[Hong Kong Stock Connect] SMOORE INTL (06969) rose over 3%. Institutions indicate that its traditional cartridge-swapping OEM business is expected to recover.
Jingwu Financial News | SMOORE INTL (06969) stock price fluctuated upwards, with an increase of 3.08% as of the time of writing, priced at 13.4 Hong Kong dollars, with a transaction volume of 0.133 billion Hong Kong dollars. On the news front, SWHY released a Research Report indicating that SMOORE INTL will announce a Stock-based Incentive plan on December 27, 2024, with performance targets directly anchored to Market Cap, which are set positively. The report pointed out that British American Tobacco's new HNB series Glo Hilo will launch for trial sales in Serbia at the end of November 2024, and SMOORE INTL, as a core partner of British American Tobacco Glo Hilo, is expected to see rapid growth in HNB revenue, supporting a second growth curve.
[Brokerage Focus] SWHY maintains a "Shareholding" rating for SMOORE INTL (06969), pointing out the expected elasticity of HNB.
Golden Finance News | SWHY released a Research Report stating that on December 27, 2024, SMOORE INTL (06969) announced a Stock-based Incentive plan, with performance targets directly tied to Market Cap and set positively. The report indicated that at the end of November 2024, British American Tobacco's new HNB series Glo Hilo would be test-marketed in Serbia, with SMOORE INTL as the core partner for British American Tobacco's Glo Hilo, and HNB revenue is expected to increase rapidly, supporting a second growth curve. With the resolution of patents between British American Tobacco and Philip Morris International, the Global HNB market is expected to expand quickly. Additionally, regulations on flavoring in the USA are becoming more relaxed.