On August 25, SMOORE INTL rose 3.05% in regular trading, trading at HK$10.28/share, with turnover of HK$1.1486 million, extending the upward trend since its interim results release.

On the news front, Daiwa raised its target price for SMOORE INTL to HK$9.4 on August 24 and upgraded its net profit forecasts for the current and next fiscal years. Separately, SWS Research maintained its Overweight rating, highlighting the strong momentum in the company's HNB (heat-not-burn) business. Additionally, SMOORE INTL granted 2.2 million reward shares to 7 employees and 3.67 million stock options to 6 employees on August 24, signaling management confidence in talent retention and long-term growth.

These catalysts come on the back of robust interim results, with H1 revenue reaching RMB 7.209 billion (up 19.9% YoY) and HNB product revenue surging 322.1% to RMB 962 million. The market remains optimistic about the company achieving its full-year RMB 2 billion HNB sales target as new clients are expected to onboard in the second half.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)