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China Tobacco heads abroad as mainland stubs out smoking

World's top cigarette producer to strengthen war chest with Hong Kong IPO

China National Tobacco commands a 43% share of the global cigarette market, according to Euromonitor.
China National Tobacco commands a 43% share of the global cigarette market, according to Euromonitor.   © Reuters

HONG KONG -- The international arm of state-owned China National Tobacco, the world's largest cigarette maker, aims to fund a push into Southeast Asia and beyond through a stock market listing as smoking restrictions cloud prospects at home.

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