Electronics Stocks Surge as E-Cigarette Concept Gains Momentum

Aug.30.2022
Electronics Stocks Surge as E-Cigarette Concept Gains Momentum
Electronic cigarette concept stocks rise as first batch of standardized products arrive at a Shenzhen store.

Currently, e-cigarette stocks are fluctuating but showing strength, with Penghui Energy and Dafu Technology rising more than 15%, Jinjia Shares rising nearly 7%, and Tianyin Holdings and Yiya Tong following suit.


According to a report from Beijing Daily on the 29th, the first batch of national-standard electronic cigarette products issued by the Shenzhen Tobacco Monopoly Bureau arrived at an electronic cigarette specialty store in Futian District, and the store subsequently sold brands like Yooz. This also became the first nationwide sale of national-standard electronic cigarette products.


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2Firsts First Look|China to End VAT Export Rebates on Vape Devices and Nicotine in April 2027, Following Earlier Removal for HTP Devices and Nicotine Vapes
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China's Ministry of Finance and State Taxation Administration announced on October 12, 2026, that value-added tax (VAT) export rebates for vape devices, nicotine and its salts, and certain non-combustible inhalation products will be eliminated from April 1, 2027. The measure adds four tobacco- and nicotine-related customs codes, including 8543400010, which covers vape devices and qualifying empty pods. China previously eliminated rebates for nicotine-containing vaping products and devices under code 8543400090 in April 2026. According to industry classification information held by 2Firsts, the latter currently corresponds to heated tobacco devices. Export excise tax refund and exemption arrangements will remain unchanged.
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Sep.29 by 2Firsts Perspectives