The Zhitong Finance App learned that e-cigarette concept stocks collectively opened higher in early trading. As of press release, Smore International (06969) rose 4.68% to HK$11.64; Huabao International (00336) rose 3.24% to HK$4.14; BYD Electronics (00285) rose 2.28% to HK$22.45; and China Tobacco Hong Kong (06055) rose 1.09% to HK$9.3.
According to the news, the National Tobacco Monopoly Administration issued a notice stating that each person carries e-cigarette products, vaporizers, nicotine for e-cigarettes, etc. from one place to another in a limited amount. It stipulates that each person must not carry more than 90 e-cigarette cigarettes from other places at a time. At the same time, new regulations on limited delivery of e-cigarette products, etc. have also been issued. Experts say the move is beneficial in cracking down on illegal trade. Express delivery of e-cigarettes will be strictly restricted, and it will only be limited to express national standard e-cigarettes. Illegal e-cigarettes will not be allowed to circulate, let alone express delivery.