HK Stock Market Move | SMOORE INTL (06969) rose over 9% in early trading as the Hang Seng Tech Index undergoes a methodology update. Institutions believe the company is likely to be included in the index.

SMOORE INTL (06969) rose over 9% in early trading, and as of the time of writing, it is up 8.8%, priced at HK$9.33, with a trading volume of HK$94.3019 million. On the news front, the Hang Seng Index Company is seeking market feedback on the proposed revisions to the calculation methods for the Hang Seng Tech Index. The core content of this revision includes: expanding the scope of the technology themes of the index, adjusting the selection mechanism for constituent stocks, and increasing the number of constituent stocks. Based on the latest market data, Industrial expects that this adjustment to the Hang Seng Tech Index will likely include SMOORE INTL in the market capitalization group. Cinda pointed out that the draft national standard for "Heated Tobacco" will be released for public consultation in July, indicating that the domestic HNB market is approaching deregulation. Shenwan Hongyuan Group stated that international tobacco companies like British American Tobacco, Philip Morris International, and Japan Tobacco have affirmed the continued prosperity of overseas new tobacco products in their mid-year reports; the public consultation for the mandatory national standard on "Heated Tobacco" is underway, and the process for standardizing domestic HNB access is gradually advancing.