Chinese e-cigarette maker Smoore raises $918m in Hong Kong IPO

Chinese e-cigarette maker Smoore raises $918m in Hong Kong IPO

A digital display in Hong Kong shows stock market figures. Photo: Leung Cho Pan

Chinese e-cigarette and vape manufacturer Smoore International, one of the largest companies of its kind in the world, has raised $918 million after pricing its shares at HK$12.40 each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.

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