SMOORE INTL Spikes 15% on Broker's Optimism, Release of Shr Award Scheme
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2024/12/30 01:32 GMT
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SMOORE INTL (06969.HK)  -0.200 (-1.515%)    Short selling $48.11M; Ratio 14.691%   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.
(HK stocks quote is delayed for at least 15 mins.

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Data as at 2025-03-14 16:25.)

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SMOORE INTL Spikes 15% on Broker's Optimism, Release of Shr Award Scheme
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....
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