HK Stock Market Move | SMOORE INTL (06969) rose more than 6% in early trading. Overseas illegal market regulation has become significantly stricter, and the trend of expanding compliance markets is emerging.

SMOORE INTL (06969) rose more than 6% in early trading, rising to 5.85% at the time of the report, reaching 10.32 Hong Kong dollars, with a turnover of 1.1 billion Hong Kong dollars. Sinolink pointed out that in overseas markets, considering that Trump had previously publicly stated on social media that he "saved" the seasoning electronic cigarette in 2019, this time he will "save" electronic cigarettes again. With his re-election in the background, subsequent actions are worth looking forward to, and the compliant electronic cigarette market is expected to see substantial expansion catalysts. Continuing the previous view, the supervision of illegal products by Europe and America is becoming stricter, the supervision methods are gradually diversifying, and the FDA in the United States is gradually approving more compliant products, indicating a trend of expanding compliant markets in Europe and America. In addition, the innovative new product GloHilo by British-American Tobacco HNB is about to be launched, and the sales performance of this product in the future is worth looking forward to. The bank pointed out that in the domestic market, with stricter enforcement and gradual improvement of flavors, the sales of compliant products are still expected to show a quarterly upward trend. Overall, whether in terms of domestic market or overseas market development trends, SMORE's most difficult times have passed and its core business is expected to see significant improvement, with new business gradually contributing substantial growth.