Glonghui, December 8, 丨 Smore International (6969.HK) rose more than 12% in the afternoon. It is now reported at HK$13.3. The total market capitalization has returned above HK$80 billion after a three-month period. According to the latest report from First Shanghai, with the standardized development of the industry, the company's production capacity quotas are abundant. Six subsidiaries have already obtained tobacco manufacturer licenses, and domestic business is expected to resume quarter by quarter next year. A target price of HK$16.4 was given to maintain the buying rating. Some industry insiders have analyzed that the previous introduction of e-cigarette consumption tax is beneficial to the stable development of the e-cigarette industry. As some small and medium-sized e-cigarette companies will withdraw from the market, it will generally benefit leading e-cigarette companies that currently occupy an advantageous position in the market.