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Key point: Public information shows that the IPO review of Tuoer Microelectronics Co., Ltd. for listing on Shenzhen’s ChiNext board has been terminated by the Shenzhen Stock Exchange.
Key point: A vape shop in Abertillery, Wales, has launched a petition urging users across Wales to support the introduction of a sales licensing system to stop bad actors from damaging the industry.
Key point: Tobacco-free nicotine has recently come under scrutiny in the United States, with the FDA issuing a warning letter to non-tobacco nicotine product company Amarillo Snuff Co.
Key point: The upcoming South Africa vape expo will be held from August 25 to 27, 2023. During the event, Yinrun International will livestream and lead dozens of companies to participate.
Key point: According to reports, Western Australia’s Department of Health raided a warehouse northeast of Perth and set a new record for non-prescription e-cigarette seizures.
Key point: Reports indicate that newly implemented regulations and tax adjustments in Louisiana are putting increasing pressure on local vaping businesses.
Key point: Roman Kurinny, head of the Krasnodar regional consumer and alcohol market regulator, and Mayor Evgeny Naumov discussed measures targeting e-cigarette sales at non-fixed retail locations.
Key point: Ispire Technology recently announced executive leadership changes, including the appointment of Michael Wang as Co-Chief Executive Officer.
Key point: A quick visual summary of the latest developments at Philip Morris International, British American Tobacco, Japan Tobacco, and Imperial Brands.
Key point: Favorable policy signals are fueling a quiet gold rush in Vietnam’s vaping market. Since July 15, 2023, Vietnam Customs has imposed a preferential 50% tax on officially imported vaping products.
Key point: Starting June 1, nicotine alternatives in South Africa, including e-cigarette products, are now subject to an excise tax of ZAR 2.90 (US$0.15) per milliliter, according to the South African Revenue Service.
Key point: The second half of the year is typically peak consumption season for vaping, driven by tourism and major holidays across Europe and the U.S., with demand rising quickly.