22nd Century Group Inc (XXII): China National Tobacco plans IPO for i...

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Wednesday, 01/02/2019 1:35:43 PM

Wednesday, January 02, 2019 1:35:43 PM

China National Tobacco plans IPO
for international unit
Jan. 2, 2019 4:08 AM ET|By: Yoel Minkoff, SA News Editor
China National Tobacco, a state monopoly that accounts for 40% of global cigarette production, is planning to list its international unit in Hong Kong.
China Tobacco International is primarily responsible for procuring overseas tobacco leaf for the cigarette giant, which has a bigger market share than the next five global tobacco companies combined.
Other IPOs to look forward to in 2019 include Uber and Lyft.
Related: PM, BTI, MO, OTCQX:IMBBY, OTCPK:JAPAY

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