CTIHK (06055) Shares Rise Over 4% in Early Trading as New Chairman Takes Office, Expected to Lead Company into New Development Phase

Stock News10-14

CTIHK (06055) rose over 4% in early trading. As of press time, the stock was up 4.24% at HK$24.08, with a turnover of HK$18.4042 million.

On the news front, on September 30, Mr. Li Bin was appointed as Chairman of the Board and Non-Executive Director of CTIHK. Mr. Li Bin has served as Chairman of China Tobacco International Group Co., Ltd., and General Manager and Director of China Tobacco International Co., Ltd. since July 2026. After joining CTIHK, he is expected to lead the company into a new phase of development.

According to Sinolink Securities, Hubei China Tobacco, which Mr. Li Bin previously headed, is a leading force in China's HNB industry. Its "MOK" heating device adopts fully independently developed needle-based heating technology and holds 159 related patents, making it one of the most standardized and industrialized domestic HNB products in China.

In July of this year, the draft national standard for "Heated Cigarettes" was released for public comment, with the comment period closing on September 26. The domestic HNB regulatory framework is gradually becoming clearer, and the company is expected to benefit from the advantages of the China Tobacco system and its overseas channels.

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