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China Tobacco International (HK) Co ( (HK:6055) ) has provided an announcement.
China Tobacco International (HK) Company Limited announced its proactive engagement with China Tobacco International Inc. to maintain its operating position in the Chinese domestic duty-free market amidst new draft regulations by the State Tobacco Monopoly Administration. The company aims to continue its Exclusive Cigarettes Export Business unaffected by these regulations while optimizing its supply chain and enhancing profitability to protect shareholder interests.
More about China Tobacco International (HK) Co
China Tobacco International (HK) Company Limited operates in the tobacco industry, focusing on the procurement and exclusive export of cigarettes to duty-free markets in Thailand, Singapore, Hong Kong, Macau, and the Chinese domestic duty-free market. The company is part of a group that includes subsidiaries engaged in these activities.
Average Trading Volume: 4,147,223
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.58B
See more data about 6055 stock on TipRanks’ Stock Analysis page.