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.

2FIRSTS will continue to follow the developments and bring you updates. Stay tuned.

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China Tobacco Regulation Shift：Policy Updates and Market Impact

China Tobacco Regulation Shift：Policy Updates and Market Impact

Morocco rolls out compulsory rules for e-cigarettes, muassel and nicotine pouches

Morocco rolls out compulsory rules for e-cigarettes, muassel and nicotine pouches

Starting February 2026, Morocco will apply its first mandatory standard governing “smoke-free” products—covering e-cigarettes, muassel and nicotine pouches. Drafted by IMANOR, the standard introduces detailed requirements on composition, labelling, traceability and safety, and will apply to imported products. Consumer advocates say clear labelling and traceability are essential, while urging stronger public-awareness efforts and resources.

Feb.03 by 2FIRSTS.ai

Tajikistan Weighs a Total Vape Ban as Upper House Chair Orders Draft Bill

Tajikistan Weighs a Total Vape Ban as Upper House Chair Orders Draft Bill

Tajikistan is preparing legislation that could impose a nationwide ban on e-cigarettes. Upper house chair Rustami Emomali (Рустами Эмомали) has ordered the drafting of a bill, which is still under development. Retailers have begun scaling back sales amid tightening signals, while existing tobacco-control rules already restrict smoking in many public places and set fines.

Jan.26 by 2FIRSTS.ai

Ispire Q2 FY2026 revenue falls to $20.3M as it trims lower-quality customers; A/R down nearly 20%

Ispire Q2 FY2026 revenue falls to $20.3M as it trims lower-quality customers; A/R down nearly 20%

Ispire reported a sharp year-on-year revenue decline in Q2 FY2026 as it shifted away from lower-quality customers, while cutting operating expenses and narrowing its net loss. The company also highlighted improved collections, with net accounts receivable down nearly one-fifth since June 30, 2025, alongside ongoing manufacturing and technology initiatives.

Feb.09 by 2FIRSTS.ai

Consultation opens for Tasmania’s Public Health Amendment Bill 2026

Consultation opens for Tasmania’s Public Health Amendment Bill 2026

Consultation opened on February 6, 2026 for the Public Health Amendment (Prohibited Tobacco and Other Products) Bill 2026. The Bill intends to address illicit trade in tobacco, nicotine pouches and e-cigarettes, which has increased significantly across Tasmania in recent years. It proposes changes to the Public Health Act 1997 to further protect the health of Tasmanians by reducing the sale and supply of illicit tobacco, vaping and other products, and to strengthen existing tobacco control laws.

Feb.06 by 2FIRSTS.ai

South Korea’s appeal court again sides with KT&G, Philip Morris Korea and BAT Korea in $36.24 million case

South Korea’s appeal court again sides with KT&G, Philip Morris Korea and BAT Korea in $36.24 million case

South Korea’s National Health Insurance Service (NHIS) has again lost on appeal in its damages lawsuit against KT&G, Philip Morris Korea and BAT Korea, seeking ₩53.3 billion (about $36.244 million).

Jan.15 by 2FIRSTS.ai

BAT Japan rolls out limited-edition “Rose Quartz” colourway for glo Hilo, launches new virto click-capsule flavour

BAT Japan rolls out limited-edition “Rose Quartz” colourway for glo Hilo, launches new virto click-capsule flavour

British American Tobacco (BAT) Japan will introduce its first Valentine’s-season limited-edition colourway, “Rose Quartz,” for the glo Hilo heated tobacco device lineup, covering both the glo Hilo and glo Hilo Plus. The devices are priced at JPY 3,980 (about $25.2) and JPY 6,980 (about $44.1), respectively, and will go on sale via official channels from Feb. 9. BAT Japan will also launch a new glo Hilo-compatible virto tobacco stick variant, “virto Bright Cherry Click,” on Feb. 2.

Jan.20 by 2FIRSTS.ai

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Morocco rolls out compulsory rules for e-cigarettes, muassel and nicotine pouches

Morocco rolls out compulsory rules for e-cigarettes, muassel and nicotine pouches

Tajikistan Weighs a Total Vape Ban as Upper House Chair Orders Draft Bill

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Ispire Q2 FY2026 revenue falls to $20.3M as it trims lower-quality customers; A/R down nearly 20%

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South Korea’s appeal court again sides with KT&G, Philip Morris Korea and BAT Korea in $36.24 million case

South Korea’s appeal court again sides with KT&G, Philip Morris Korea and BAT Korea in $36.24 million case

BAT Japan rolls out limited-edition “Rose Quartz” colourway for glo Hilo, launches new virto click-capsule flavour

BAT Japan rolls out limited-edition “Rose Quartz” colourway for glo Hilo, launches new virto click-capsule flavour