---
title: "Smoore climbs 3% after H1 revenue jumps 20% on HNB growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296428757.md"
description: "Smoore climbs 3% after H1 revenue jumps 20% to 7.2B yuan; gross margin narrows to 32.2%."
datetime: "2026-08-20T03:14:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296428757.md)
  - [en](https://longbridge.com/en/news/296428757.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296428757.md)
generator: "portal-rs"
---

# Smoore climbs 3% after H1 revenue jumps 20% on HNB growth

Smoore International (6969.HK) climbed more than **3%** in Hong Kong trading to HK$**9.610** after reporting a **19.9%** jump in first-half revenue to **7.21 billion yuan**. Net profit rose **16.2%** to **572 million yuan**, with the board proposing an interim dividend of HK$**0.20** per share.

Business-to-business revenue surged **24.7%** to 5.91 billion yuan, driven by heat-not-burn (HNB) products, while own-brand sales edged up just **1.9%** to 1.3 billion yuan. Gross margin narrowed **5.1 percentage points** to **32.2%**, trailing market forecasts.

Shares drew additional support after Hang Seng Indexes opened a consultation on revamping the Hang Seng TECH Index methodology, with CITIC Securities flagging Smoore as a potential inclusion. China's draft mandatory national standard for heated cigarettes, released in late July, also underpinned sentiment around the domestic HNB market opening.

### Related Stocks

- [06969.HK](https://longbridge.com/en/quote/06969.HK.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**