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SMOORE INTL Spikes 15% on Broker's Optimism, Release of Shr Award Scheme
Recommend 7 Positive 10 Negative 6 |
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SMOORE INTL (06969.HK) opened 14.74% higher today (30th), and peaked at $13.14. It last printed at $12.96, spiking 15.1%, with 17.051 million shares traded, involving $220 million. British American Tobacco, a major customer of SMOORE INTL, launched a new HNB equipment, Glo Hilo, Zheshang Securities recently released a report saying. The broker was optimistic that Glo Hilo will gradually expand to more markets in the next 2 years, and welcomed buying or selling of the stock, with rating kept at Buy for SMOORE INTL. In addition, SMOORE INTL announced a share award scheme, under which 1.416 million awarded shares were granted to 9 grantees, and 2.260 million share options were granted to 12 eligible participants of the Group. The Company conditionally granted 61 million share options to Chen Zhiping. AAStocks Financial News |
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