Jinwu Financial News | SMOORE INTL (06969) stock price fluctuated upward, up 3.08% as of the report, trading at 13.4 HKD, with a transaction volume of 0.133 billion HKD.
According to news reports, SWHY released a Research Report indicating that on December 27, 2024, SMOORE INTL announced its Stock-based Incentive plan, with performance targets directly anchored to Market Cap, setting a positive tone. The report noted that by the end of November 2024, British American Tobacco's new HNB series Glo Hilo will be launched for trial sales in Serbia, with SMOORE INTL as the core partner for British American Tobacco's Glo Hilo, and HNB revenue is expected to grow rapidly, supporting a second growth curve. With the patent resolution between British American Tobacco and Philip Morris International, the Global HNB market is expected to expand quickly. Furthermore, regulatory relaxation for pod-based flavors in the USA and stricter regulations for disposable e-cigarettes in Europe may boost the company's traditional pod manufacturing business. The report stated that the company has significant technical advantages, and the realization of HNB logic unlocks the company's growth potential, with Medical and other non-tobacco businesses continuing to grow, indicating growth potential, maintaining a 'Shareholding' rating.
