This is a China news story, published by CNBC, that relates primarily to China Tobacco news.
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Chinese tobacco marketCNBC
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90% Informative
China 's tobacco industry realized revenue of about 1.5 trillion yuan ( $210 billion ) in fiscal year 2023 , up 4.3% from the previous year .
Retail cigarette sales in China have been growing for the past 4 years , reaching 2.44 trillion sticks in 2023 .
China Tobacco is estimated to make up 97% of the country's tobacco production and sales.
Philip Morris International , the world's second -largest tobacco company, reported a net revenue of $35.2 billion .
China 's tobacco exports experienced robust growth in 2023 at $9.173 billion , an year-on-year increase of 22.2% .
China Tobacco International (HK) had its IPO on the Hong Kong Stock Exchange in June 2019 .
The company's stock is up over 376% since it's Hong Kong debut, according to calculations based off LSEG data.
VR Score
92
Informative language
91
Neutral language
77
Article tone
formal
Language
English
Language complexity
66
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
13
Source diversity
10
Affiliate links
no affiliate links