HK Stock Market Move | CTIHK(06055) rose by more than 7% again, the company appeared at the Dortmund Tobacco Exhibition, deepening its global tobacco market layout.

date
24/09/2024
avatar
GMT Eight
CTIHK (06055) rose by over 7%, as of the time of writing, it increased by 7.54% to HK$17.96, with a turnover of HK$34.9288 million. On the news front, on September 19, the International Tobacco Exhibition in Germany Dortmund opened, with Chinese exhibitors ranking first in number. CTIHK organized a team of 66 people representing 13 Chinese tobacco industrial enterprises, showcasing 25 brands, over 100 specifications of heated tobacco products, and 30 cigar products. In addition, CTIHK also showcased non-tobacco-based products and natural smoke technology products developed independently by Chinese tobacco industry, providing a richer product experience for global consumers. Tianfeng believes that CTIHK is the designated international business development platform and exclusive operational entity for related trade business of China Tobacco Corporation. The company's various business sectors are expected to continue to achieve high-quality growth steadily. At the same time, the company has achieved vertical integration of the supply chain, further enhancing its business profitability and bargaining power. The company is expected to continue to explore opportunities for industry chain integration in the future.

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