中信证券：电子烟步入合法监管时代，维持新型烟草行业“强于大市”评级

智通财经2021-11-29

智通财经APP获悉，中信证券发布研究报告称，“修例”赋予中烟监管职责，电子烟行业步入“有法可依”的合法监管时代。“修例”后雾化品类“完全禁止”风险解除，但“专卖专营”风险犹存，中信证券判断中烟垄断经营批发环节的中性情形以及中烟仅主导监管&征税、民企参与各环节经营的乐观情形为大概率监管方向，后续在中烟主导下监管细节有望陆续出台。21Q3雾化烟海内外市场双触底，2022年边际向好。HNB国内市场静待...

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厉害我哥
2021-11-29
厉害我哥
中信证券坏的很

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