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Tianfeng: PMTA qualification has become the "Gold ticket" in the e-cigarette market.
With the stricter regulation of the new Tobacco market in the USA, PMTA Assets are becoming a key compliance resource for Global Tobacco companies. The industry expects that similar merger and acquisition Trade will continue to heat up.
【Hot Industry】 Countdown to the implementation of Hong Kong's new smoking regulation: Regulatory dilemmas and market opportunities in the HNB Industry.
Jinwu Financial News | On April 25, 2025, the Hong Kong Special Administrative Region Government published the "2025 Smoking Control (Amendment) Bill" (hereinafter referred to as the "Bill") in the Gazette, further strengthening control measures on Tobacco Consumer. The Bill clearly states that starting from January 1, 2026, smoking will be prohibited in areas such as queuing for public transport, cinemas, Hospitals, government clinics, public recreational areas, and sports venues, where "queuing" is specifically defined as the act of two or more people waiting in line. Furthermore, the Bill addresses locations such as childcare centers, Hospitals, Department of Health clinics or health centers, and residential homes.
China Tobacco International (HK) Announces 2025 AGM Agenda
CTIHK: 2024 ANNUAL REPORT
Tianfeng: The USA has imposed additional tariffs on Chinese e-cigarette products. Under stricter regulations, it is expected that the concentration of the Industry Chain may accelerate.
In January and February, China's electronic cigarette export value decreased, while the USA remains the largest market.
Hong Kong stock Concept tracking | Nationwide promotion of the "instant buy and refund" service for departure tax refunds, tax-free Concept attracts attention (with related stocks)
On April 8th, the State Taxation Administration announced the "Announcement on the Promotion of Instant Refund Service for Overseas Tourists' Shopping Tax Refund" which specifies that from the 8th, the instant tax refund service for departure will be promoted nationwide.