The Zhitong Finance App learned that China Tobacco Hong Kong (06055) rose more than 4% in early trading. As of press release, it rose 4.24% to HK$24.08, with a turnover of HK$18.4042 million.

According to news, on September 30, Mr. Li Bin was appointed as Chairman of the Board of Directors and Non-Executive Director of China Tobacco Hong Kong. Mr. Li Bin has been the chairman of China Tobacco International Group Co., Ltd. and the general manager and director of China Tobacco International Co., Ltd. since July 2026. After joining China Tobacco Hong Kong, he is expected to lead the company into a new stage of development.

According to Guojin Securities, Hubei Tobacco, which Mr. Li Bin was previously in charge of, is the leading force in the domestic HNB industry. Its “MOK” heating equipment uses completely self-developed needle heating technology and has 159 related patents. It is one of the most standardized and industrialized domestic HNB products in China. The “Heated Cigarettes” National Standard Consultation Draft was released in July of this year, and the consultation ended on September 26. The domestic HNB regulatory framework is gradually becoming more clear, and the company is expected to benefit from the advantages of the tobacco system and overseas channels.

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