CTIHK (06055) surged over 9%, reaching a high of HK$40.8 to set a new listing record. As of press time, the stock was up 9.07% to HK$40.64 with trading volume of HK$181 million.

On the news front, CTIHK recently released its interim results showing revenue of HK$10.316 billion, up 18.52% year-on-year; profit attributable to shareholders reached HK$706 million, an increase of 9.79% year-on-year; the company proposed an interim dividend of HK$0.19 per share.

Huatai Securities noted that the company's revenue performance in the first half was impressive, attributing this primarily to the excellent performance of the company's tobacco leaf import and export business, which achieved both volume and price growth in the first half. Looking ahead, the firm believes that the company's exclusive operating position creates deep competitive barriers and strong pricing power, with the tobacco leaf import and export main business expected to continue steady growth, while emerging businesses such as cigarettes are expected to contribute incremental performance.

Additionally, as the designated overseas platform for China Tobacco International's capital market operations and international business expansion, there is considerable room for external expansion. With the dual approach of "organic growth + external expansion," the firm remains optimistic about growth potential and maintains a "Buy" rating.