According to Zhi Tong Finance APP, CTIHK (06055) rose more than 4% in the morning session. As of press time, it was up 4.15% at HK$27.08, with a turnover of HK$26.2671 million.
On the news front, CTIHK previously announced that Mr. Li Bin has been appointed as Chairman of the Board and Non-Executive Director of the Company, effective from September 30, 2026. Li Bin has spent 34 years in China's tobacco industry and previously served as the principal head of two China Tobacco industrial companies (China Tobacco Henan and China Tobacco Hubei), possessing extensive experience in tobacco enterprise management, multi-category product research and development, market operations, and international expansion. In particular, China Tobacco Hubei's MOK is a leading force in domestic HNB exports, with a self-developed needle-type ceramic heating route.
Guotai Haitong Securities stated that 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. This appointment to the listed entity, in our view, will further promote CTIHK's consolidation and enrichment of its business market layout, opening up growth space. Shenwan Hongyuan stated that it is optimistic about the company's bottoming-out and recovery in performance, and the growth potential of its cigarette and new tobacco export businesses is promising.
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