China's State Administration for Market Regulation and China Tobacco announced that manufacturers, wholesalers and retail market players with tobacco monopoly licenses may gradually start trading on the e-cigarette trade management platform beginning 15th June 2022.
The Administrative Measures for E-Cigarettes will be implemented from May, while the e-cigarette national standards will take effect from October. Therefore, the authorities confirmed the transitional period shall come to an end on 30th September.
$Smoore International Holdings Limited(06969.HK)$ increased 8.77% to HKD18.10 as at 10:35 am.