HK Stock Market Move | SMOORE INTL (06969) is now up more than 4%, the electronic cigarette industry welcomes new regulations, which are expected to promote orderly and standardized development in the market.

SMOORE INTL (06969) is now up more than 4%, up 4.04% as of press time, at 9.27 Hong Kong dollars, with a turnover of 51.71 million Hong Kong dollars. On the news front, on September 2, the State Tobacco Monopoly Administration issued the revised "Regulations on the Management of Electronic Cigarette Transactions". Tianfeng pointed out that the mechanism of electronic cigarette product pricing mainly regulated by the market is conducive to the profitability improvement of electronic cigarette companies; at the same time, the country further strengthens the management of electronic cigarette transactions, safeguards the legitimate rights and interests of electronic cigarette market entities, and is expected to promote the orderly and standardized development of the market, benefiting leading companies in the industry. Huaan believes that under the trend of stricter global regulations, industry concentration will accelerate, and SMOORE INTL will rely on compliance capabilities, leading technology advantages, healthy customer structure, and open and flexible business models to highlight competitive barriers, with market share expected to continue to increase. In addition, the company's layout of atomization medical/beauty/HNB and other businesses is expected to gradually enter the volume stage, providing new performance increments.