The Zhitong Finance App learned that China Tobacco Hong Kong (06055) rose more than 4% in early trading. As of press release, it rose 4.15% to HK$27.08, with a turnover of HK$26.2671 million.

According to the news, China Tobacco Hong Kong previously announced that Mr. Li Bin has been appointed as Chairman of the Board of Directors and Non-Executive Director of the Company with effect from September 30, 2026. Li Bin has been deeply involved in the Chinese tobacco industry for 34 years and has been the main manager of two Chinese tobacco industry companies (Henan Zhongyan and Hubei Zhongyan). He has rich experience in tobacco enterprise management, multi-category product R&D, market operation, and international expansion. In particular, Hubei Zhongyan MOK is the leading force in domestic HNB exports, developing its own needle-type ceramic heating route.

Cathay Pacific Haitong Securities said that 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. He is currently working as a listed entity. We believe it will further promote China Tobacco Hong Kong to consolidate and enrich its business market layout and open up room for growth. Shen Wan Hongyuan, on the other hand, said that he is optimistic about the bottom of the company's performance recovery, and growth in the cigarette and new tobacco export business can be expected.

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