Smaller International and China Bank Sign Deposit Agreement

Jan.09.2023

Smaller International and China Bank Sign Deposit Agreement

Simaor International signs structured deposit agreement with China Bank for RMB35 billion, to be paid from available cash reserves.

Simo International announced on the Hong Kong Stock Exchange that its wholly-owned subsidiary, Shenzhen Mackwell, has updated its structured deposit agreement with China Bank, effective January 5, 2023. As per the agreement, Shenzhen Mackwell will purchase two structured deposits for a total of RMB 3.5 billion, with amounts of RMB 1.76 billion and RMB 1.74 billion each, respectively, after redeeming RMB 1.5 billion on December 28, 2022. The subscription will be funded by the group's existing cash reserves and free cash flow.

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China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

Russia dismantles illegal vape liquid plant near Moscow; goods worth about $13 million seized

Russia dismantles illegal vape liquid plant near Moscow; goods worth about $13 million seized

Russian authorities say they have dismantled an illegal vape-liquid production site in the Moscow region, seizing four production lines, large quantities of components and finished goods, and substantial cash. The Interior Ministry estimated the seized products’ value at about 1 billion rubles (≈$13 million) and said the operation ran around the clock, producing up to 75,000 units per shift.

Feb.10 by 2FIRSTS.ai

Malaysia joint operation seized $19,000 worth of vape liquid in Likas

Malaysia joint operation seized $19,000 worth of vape liquid in Likas

More than 2,300 units of vape liquid worth over RM75,000 were seized during an integrated operation at premises in Likas near Kota Kinabalu. During Ops Taring Landai E-Cigarette Mega on Feb 10 night, the Marine Police, Sabah Health Department officials and district police detected a shop displaying 92 types of vape pods and, after further searches, found 2,353 units of vape liquid stored on the premises.

Feb.11 by 2FIRSTS.ai

Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products

Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products

Public health groups in the Philippines are urging the government to impose an absolute ban on e-cigarettes, heated tobacco products, and other nicotine delivery products, citing health harms and increasing accessibility among youth. The call follows Myanmar’s move to become the eighth ASEAN country to implement a total vape ban and comes as the Philippine Congress deliberates tobacco and vape taxation.

Feb.28 by 2FIRSTS.ai

Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years

Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years

Singapore Parliament passes law to significantly increase penalties for e-cigarette possession, use, import, and sale, effective May 1.

Mar.09 by 2FIRSTS.ai

Special Report | China’s New Five-Year Plan Highlights “Health-First” Strategy, Providing Policy Context for Tobacco Sector

Special Report | China’s New Five-Year Plan Highlights “Health-First” Strategy, Providing Policy Context for Tobacco Sector

China’s 2026 “Two Sessions” reviewed the draft Outline of the 15th Five-Year Plan, which proposes implementing a health-first development strategy and strengthening the effectiveness of the Patriotic Health Campaign. Although the document does not address specific industries, this public-health governance framework provides a new policy context for observing the future regulation, product strategies, and market development of China’s tobacco and next-generation nicotine sectors.

Industry Insight

Florida HB 389 seeks statewide ban on smoking and vaping in public places and indoor workplaces

Florida HB 389 seeks statewide ban on smoking and vaping in public places and indoor workplaces

Florida lawmakers have introduced HB 389, a proposal to expand smoke-free protections by banning smoking and vaping in public places and enclosed indoor workplaces across the state. The bill broadens statutory definitions and outlines limited exceptions and compliance rules, with an effective date of July 1, 2026 if enacted.

Feb.10 by 2FIRSTS.ai

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Russia dismantles illegal vape liquid plant near Moscow; goods worth about $13 million seized

Russia dismantles illegal vape liquid plant near Moscow; goods worth about $13 million seized

Malaysia joint operation seized $19,000 worth of vape liquid in Likas

Malaysia joint operation seized $19,000 worth of vape liquid in Likas

Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products

Philippine public health groups urge an absolute ban on e-cigarettes and heated tobacco products

Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years

Singapore hikes vape penalties: users face up to S$10,000; importers up to 9 years

Special Report | China’s New Five-Year Plan Highlights “Health-First” Strategy, Providing Policy Context for Tobacco Sector

Special Report | China’s New Five-Year Plan Highlights “Health-First” Strategy, Providing Policy Context for Tobacco Sector

Florida HB 389 seeks statewide ban on smoking and vaping in public places and indoor workplaces

Florida HB 389 seeks statewide ban on smoking and vaping in public places and indoor workplaces