Smooth to the left, Yue Ke to the right? Turn positive!
On the evening of November 26, the Chinese government website announced that the "Regulations for the Implementation of the Tobacco Monopoly Law of the People's Republic of China" was officially revised, adding a new article "New tobacco products such as electronic cigarettes shall be implemented with reference to the relevant provisions on cigarettes in these Regulations."
Relevant persons of RELX Yueke said that as a practitioner in the e-cigarette industry, RELX Yueke firmly supports the revision of the regulations. In the follow-up, we will actively implement regulatory requirements, continuously increase investment in research and development, provide users with high-quality products, earnestly fulfill social responsibilities, and strive to make more contributions to the long-term healthy development of the industry and society.
"The announcement on the supervision of e-cigarettes is very necessary and timely, and I hope that the new national mandatory standards for e-cigarettes can be promulgated and implemented as soon as possible". China Electronic Chamber of Commerce E-cigarette Industry Committee expressed its support for supervision, and also called on relevant departments to fully consider that China, as the global e-cigarette manufacturing center, has the advantages of a complete whole industrial chain, and has formed an export-oriented emerging industry after more than ten years of development.
Last Friday (11.26), the fluctuation of Yueke was really big. After the news came out, it plummeted by 20% and rose back before the opening (up and down by 20%).
Then it opened up 6%, fell 9% in intraday trading, and closed up 1.8%... The closing price is 5.51, which is old and cool at the end of the day.
Although it has been included in the tobacco regulations, the detailed rules have not yet come out. It is expected that there will be no chance today, and it is estimated that the detailed rules will be issued next year.
Smaller is almost stable. No matter which one of you sells electronic cigarettes, you have to ask me for the goods. I can't help it.
Yueke is a brand, and now the biggest tax is the last. If Yueke is sold at double price now, can it be sold? That's the problem. The impact on profits will be particularly great, and everything else is fine. It is difficult for outsiders to do this.
Last Friday, Black Friday, last Friday night, Chinese stocks continued to fall sharply, and new energy Tucki was also uncomfortable to fall ~
It's good to fall, and it's cheaper to give admission. Tucki fell by 6% (the previous increase was also quite fierce)
Tesla Motors fell by 3%, which is gratifying ~ closing price 1081 ~ ~
Cheap, so get on the bus! !
Rush, rush! !
Pay attention to WeChat official account: Angry Tiger
(This article does not constitute an investment proposal, so the operational risk is at your own risk)
Disclaimer: The above content represents only the personal views of the poster and does not constitute investment advice on this platform.