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

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

TOP PICKS

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