SMOORE INTL (06969) rose over 5%, as of the time of writing, up 5.35%, at 10.64 Hong Kong dollars, with a trading volume of 0.112 billion Hong Kong dollars.
Zhitong Finance APP learned that SMOORE INTL (06969) rose over 5%, reaching 5.35% as of the time of publication, at HKD 10.64, with a transaction volume of HKD 0.112 billion.
According to recent Research Reports released by Sinolink, the headwinds for European and American policies may soon end, with the company's vaping cartridge and open electronic cigarette Business expected to significantly benefit. Furthermore, the company's major client, British American Tobacco, has recently launched the breakthrough HNB product glo hilo in Serbia, with noticeable improvements in product strength, which will further expand in core markets by 2025. Additionally, as its core supplier for new tobacco products, the company is anticipated to benefit from British American Tobacco's rapid growth in the HNB field.
The organization indicated that in recent years, while ensuring an advantage in CSI Leading Technology Index for vaping electronic cigarettes, the company has continued to increase investment in research and development directions for special, Medical, and beauty vaping. Relying on its own platform advantages in vaping, the company continues to iterate products in the special and beauty vaping fields, and has reserved a considerable number of differentiated leading technologies in the Medical vaping field. Overall, with the support of the platform advantages fueling the company's new categories, product iteration is progressing smoothly, and it is expected to gradually scale up in the future, supporting the company's long-term growth.