HK Stock Market Move | SMOORE INTL(06969) fell more than 9% once, market is watching the performance of Glo Hilo in Japan.

SMOORE INTL (06969) once fell by more than 9%, and at the time of publication, it was down by 5.94% to HK$19.94, with a trading volume of HK$1.095 billion. On the news front, SMOORE INTL's core customer, British American Tobacco, recently released its 2025 interim report, which showed that its atomization product (Vuse) global sales declined by 12.9% year-on-year due to the impact of illegal disposable e-cigarettes, with revenue falling by 13.0% at constant exchange rates. In addition, in June of this year, British American Tobacco and SMOORE INTL launched the HNB new product glo Hilo in Miyagi Prefecture, Japan, with a retail price guidance of 3980 yen. The HNB new products glo Hilo and glo Hilo Plus will be available nationwide in Japan starting from September 1st.