Hong Kong

Hong Kong customs launch "Storm" anti-smuggling tobacco operation, arresting 179 individuals and seizing over 150,000 suspicious cigarettes.

China Tobacco Hong Kong (06055.HK) announced a 42% revenue increase in 2023, driven by tobacco import and export growth.

Hong Kong proposes immediate tax hike on cigarettes in 2024-25 budget, aiming to reduce tobacco use effectively.

Tianchang Group (02182.HK) expects a significant decrease in revenue and net profit due to declining e-cigarette sales.

Hong Kong should take final action on tobacco by banning its use, according to the Smoking and Health Committee.

Hong Kong-listed company TSC Group (02182.HK) reported an approximate 79% decrease in sales of its e-cigarette products.

Hong Kong authorities are considering raising tobacco taxes again in an effort to further reduce smoking rates.

Hong Kong's e-cigarette market faces high prices and rampant counterfeit products, as a ban imposes restrictions.