China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo
China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo
IPO

China National Tobacco, the world’s largest cigarette maker, plans Hong Kong IPO for international unit

  • China Tobacco International’s parent accounts for 40 per cent of global cigarette production
  • Company derives revenue primarily from a fixed mark-up of 6 per cent on overseas tobacco leaf supplies to domestic cigarette manufacturers

Topic |   IPO
China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo
China is the largest tobacco-consuming and manufacturing country in the world. Photo: AP Photo
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