HK Stock Market Move | CTIHK (06055) rises by more than 4% again. The company is a platform for consolidating China Tobacco's overseas assets. The recovery in cigarette exports is driving the company's growth.

CTIHK (06055) rose by over 4%, up 3.99% to HK$26.05 with a trading volume of HK$40.078 million as of press time. Minsheng Securities pointed out that CTIHK, as the overseas asset consolidation platform of China Tobacco, is currently going through a transition from tobacco trading to tobacco and cigarette production. They are paying attention to the progress of overseas tobacco planting and processing as well as overseas cigarette production. The firm stated that CTIHK bears the heavy responsibility of China Tobacco's overseas business, and in the global new landscape/new product background, CTIHK may accelerate its entry into overseas cigarette sales markets through acquisitions of assets such as production capacity, channels, and brands. Sinolink Securities believes that the rising tobacco prices and the recovery of cigarette exports are providing growth momentum for the company. The expansion of new tobacco businesses in the future, as well as potential mergers and acquisitions, will become potential growth engines. Sealand also pointed out that as the only listed company within the Chinese tobacco system focused on the tobacco industry, backed by strong barriers to entry, the optimization of the company's export business product structure and the expansion of its self-operated business scale will drive an overall increase in the company's gross profit margin.