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The latest update is out from China Tobacco International (HK) Co ( (HK:6055) ).
China Tobacco International (HK) Company Limited has signed a Leaf Trading Framework Tobacco Sales Agreement with Leaf Trading, an indirectly wholly owned subsidiary of Pyxus, to supply tobacco leaf products from 27 January 2026 through 31 December 2028. Because Leaf Trading is a connected person at the subsidiary level and prior framework agreements with the Alliance One Group fall within a 12‑month window, the Hong Kong listing rules require aggregation of these transactions, pushing certain annual cap ratios to 5% or more; however, the board, including independent non-executive directors, has deemed the terms fair, on normal commercial terms, and in the interests of shareholders, making the deal subject only to reporting and announcement requirements and exempt from the need for a circular, independent financial advice, or separate shareholder approval.
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 Hong Kong–incorporated company engaged in the tobacco sector, focusing on the trading and sale of tobacco leaf products. Through subsidiaries such as CTIB and CBT, it participates in international leaf sourcing and supply, including joint-venture operations with global tobacco merchant Alliance One Brazil, an indirectly wholly owned subsidiary of Pyxus.
Average Trading Volume: 1,934,062
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$27.45B
Find detailed analytics on 6055 stock on TipRanks’ Stock Analysis page.