E-cigarette maker Smoore plans $500m-plus HK listing

By Jonathan Breen
03 Jan 2020

Smoore International Holdings, a manufacturer of vaping technology, is lining up a Hong Kong IPO of more than $500m in the first quarter of 2020, according to a source familiar with the matter.

The Shenzhen, China-based company filed a draft prospectus with the Hong Kong Stock Exchange in December through sponsor CLSA. But its IPO plans were made public less than a month after Beijing issued a notice urging electronic cigarette makers to stop advertising and selling their products online.

The ...

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