HK Stock Market Move | HUABAO INTL (00336) rose more than 6% intraday. The domestic HNB regulatory framework is taking further shape. The company is a leader in the domestic flavor industry.

HUABAO INTL (00336) has surged over 6% during trading. As of the time of writing, it is up 5.21%, trading at HKD 3.23, with a turnover of HKD 16.4657 million. On the news front, in July of this year, the National Tobacco Monopoly Administration officially released a draft for public consultation on the mandatory national standard for "Heated Tobacco Products," which is set to take effect six months after its official release. Industrial has pointed out that the draft clearly specifies requirements for cigarettes, smoking devices, and aerosol for the first time, further shaping the regulatory framework for heated non-combustible tobacco (HNB) in the country. The domestic HNB sector will continue to operate within the China Tobacco system and tobacco material supply chain, benefiting suppliers with resources in China Tobacco clients, a full range of product capabilities, and advantages from early-stage validation. Sinolink noted that HUABAO INTL is a leading enterprise in China's flavor and fragrance industry. In the field of new tobacco products, the company is currently able to independently undertake complete research, development, and large-scale production of core elements such as HNB-specific flavors, oral tobacco flavors, HNB tobacco sheets, and smoking beads, and has obtained manufacturing capabilities for HNB complete cigarettes through collaborative arrangements.