Stock Track | SMOORE INTL Plummets 6.16% Intraday on Profit-Taking and Major Shareholder Stake Reduction Concerns

Stock Track07-31

SMOORE INTL shares plummeted 6.16% in the intraday trading session on Friday, as the stock faced heavy selling pressure following a sharp rally in the previous session.

The decline came as investors locked in profits after the stock had surged 5.76% in the prior session on news of a heated tobacco national standard consultation. The sharp reversal reflects swift profit-taking activity amid a cautious market sentiment.

Adding to the downward pressure, HKEX filings revealed that a major shareholder transferred 500 million shares from HSBC to Citibank on July 29, a block valued at approximately HK$4.335 billion and representing 8.08% of the company's issued shares. This development, combined with EVE Energy subsidiary EBIL's earlier announcement of a planned reduction of up to 3.5% of its stake within 12 months, stoked market concerns that the long-signaled disposal may now be entering the execution phase. It marks the fifth consecutive year that EVE Energy has indicated intentions to trim its SMOORE INTL holdings, although previous plans were not carried out.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144255919?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-31 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1144255919","market":"nz","top_or_hot":-1,"title":"Stock Track | SMOORE INTL Plummets 6.16% Intraday on Profit-Taking and Major Shareholder Stake Reduction Concerns","media":"Stock Track","content":"<p>SMOORE INTL shares plummeted 6.16% in the intraday trading session on Friday, as the stock faced heavy selling pressure following a sharp rally in the previous session.</p><p>The decline came as investors locked in profits after the stock had surged 5.76% in the prior session on news of a heated tobacco national standard consultation. The sharp reversal reflects swift profit-taking activity amid a cautious market sentiment.</p><p>Adding to the downward pressure, HKEX filings revealed that a major shareholder transferred 500 million shares from HSBC to Citibank on July 29, a block valued at approximately HK$4.335 billion and representing 8.08% of the company's issued shares. This development, combined with EVE Energy subsidiary EBIL's earlier announcement of a planned reduction of up to 3.5% of its stake within 12 months, stoked market concerns that the long-signaled disposal may now be entering the execution phase. It marks the fifth consecutive year that EVE Energy has indicated intentions to trim its SMOORE INTL holdings, although previous plans were not carried out.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | SMOORE INTL Plummets 6.16% Intraday on Profit-Taking and Major Shareholder Stake Reduction Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | SMOORE INTL Plummets 6.16% Intraday on Profit-Taking and Major Shareholder Stake Reduction Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-31 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SMOORE INTL shares plummeted 6.16% in the intraday trading session on Friday, as the stock faced heavy selling pressure following a sharp rally in the previous session.</p><p>The decline came as investors locked in profits after the stock had surged 5.76% in the prior session on news of a heated tobacco national standard consultation. The sharp reversal reflects swift profit-taking activity amid a cautious market sentiment.</p><p>Adding to the downward pressure, HKEX filings revealed that a major shareholder transferred 500 million shares from HSBC to Citibank on July 29, a block valued at approximately HK$4.335 billion and representing 8.08% of the company's issued shares. This development, combined with EVE Energy subsidiary EBIL's earlier announcement of a planned reduction of up to 3.5% of its stake within 12 months, stoked market concerns that the long-signaled disposal may now be entering the execution phase. It marks the fifth consecutive year that EVE Energy has indicated intentions to trim its SMOORE INTL holdings, although previous plans were not carried out.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06969","symbol_name":"思摩尔国际","start_time":0,"source_url":"","article_id":"1144255919","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144255919","pubTimestamp":1785462544,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SMOORE INTL shares plummeted 6.16% in the intraday trading session on Friday, as the stock faced heavy selling pressure following a sharp rally in the previous session.The decline came as investors...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06969":"思摩尔国际"},"translate_title":"股票跟踪 | 受获利了结和大股东减持担忧影响，斯摩尔国际盘中暴跌 6.16%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06969":1},"content_text":"SMOORE INTL shares plummeted 6.16% in the intraday trading session on Friday, as the stock faced heavy selling pressure following a sharp rally in the previous session.The decline came as investors locked in profits after the stock had surged 5.76% in the prior session on news of a heated tobacco national standard consultation. The sharp reversal reflects swift profit-taking activity amid a cautious market sentiment.Adding to the downward pressure, HKEX filings revealed that a major shareholder transferred 500 million shares from HSBC to Citibank on July 29, a block valued at approximately HK$4.335 billion and representing 8.08% of the company's issued shares. This development, combined with EVE Energy subsidiary EBIL's earlier announcement of a planned reduction of up to 3.5% of its stake within 12 months, stoked market concerns that the long-signaled disposal may now be entering the execution phase. It marks the fifth consecutive year that EVE Energy has indicated intentions to trim its SMOORE INTL holdings, although previous plans were not carried out.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144255919","isCrawlerRequest":true}