HK Stock Movement | CTIHK (06055) Rises Over 4% in Early Trading, Completes Initial Setup of Global Sales Platform for Chinese Cigars

Stock News

Nov 12

CTIHK (06055) surged over 4% in early trading, reaching HK$38.68 by the time of writing, with a trading volume of HK$45.83 million. The company recently announced the signing of an exclusive global distribution agreement for the "Wang Guan" cigar brand with Anhui China Tobacco Industrial Co., Ltd. Since July 2025, CTIHK has secured similar exclusive global distribution agreements with Sichuan China Tobacco Industrial Co., Ltd., Hubei China Tobacco Industrial Co., Ltd., and an exclusive global agency agreement with Shandong China Tobacco Industrial Co., Ltd., marking the preliminary completion of its global sales platform for Chinese cigars.

As the sole capital platform under China Tobacco Group, CTIHK benefits from a stable growth trajectory, supported by the monopolistic tobacco sales system, strong barriers to entry, and predictable order planning. Analysts highlight its potential for overseas expansion, given its strategic role in China Tobacco's globalization efforts and access to high-quality external assets.

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