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An announcement from China Tobacco International (HK) Co ( (HK:6055) ) is now available.
China Tobacco International (HK) Company Limited has entered into exclusive distribution agreements with China Tobacco Hubei and China Tobacco Shandong for the global distribution of ‘Huanghelou’ and ‘Taishan’ cigars, respectively. This strategic move extends their distribution from duty-free markets in select regions to a global scale, excluding Mainland China, and is expected to enhance their global market strategy, broaden development opportunities, and generate new revenue streams.
The most recent analyst rating on (HK:6055) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Tobacco International (HK) Co stock, see the HK:6055 Stock Forecast page.
More about China Tobacco International (HK) Co
China Tobacco International (HK) Company Limited is a company incorporated in Hong Kong, focusing on the tobacco industry. It is involved in the distribution of tobacco products, with a market focus on expanding the global presence of Chinese cigars.
Average Trading Volume: 4,175,108
Technical Sentiment Signal: Buy
Current Market Cap: HK$27.32B
For an in-depth examination of 6055 stock, go to TipRanks’ Overview page.