According to Zhitong Finance APP, CTIHK (06055) rose over 7%. As of press time, it was up 7.09% at HK$25.38, with a turnover of HK$52.3739 million.
On the news front, at the end of last month, CTIHK announced that Li Bin has been appointed as Chairman of the Board and Non-Executive Director, and has also been appointed as Chairman of the Nomination Committee, Chairman of the Strategic Development Committee, and a member of the Remuneration Committee. It is understood that Li Bin entered Guangdong Tobacco in July 1992, has深耕 the Chinese tobacco industry for 34 years, and has served as the principal person in charge of two China Tobacco industrial companies, possessing rich experience in tobacco enterprise management, multi-category product research and development, market operations, and international expansion.
Shenwan Hongyuan believes that policy disruptions put phased pressure on the cigarette export business in the first half of the year, and it is optimistic about a recovery in the second half. The tobacco leaf import and export business has a solid foundation, and businesses such as cigarette exports and new-type tobacco exports have promising growth potential. It is optimistic about the bottoming and recovery of the company's performance. Xinda Securities stated that the company has clearly expressed its intention to seize the opportunities of the 15th Five-Year Plan development and reform, leverage its advantages as a main entity for international market expansion and an investment and financing platform, and continue to drive growth through both endogenous growth and exogenous expansion, with steady growth expected in the future.
Comments