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RLX - Vaping Leader RLX Gets Doused By Latest Regulatory Wave
April, 27 2022 01:15 PM
RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Shares of RLX and its peers fell sharply last month after China’s tobacco regulator announced a new ban on flavored vapes starting in May. The group got a small boost earlier this month after the country’s market regulator announced new national standards for e-cigarettes. The company joined many of its U.S.-listed Chinese peers in announcing a sizable $500 million share buyback program back in December. For further details see:
Vaping Leader RLX Gets Doused By Latest Regulatory Wave
Stock Information
Company Name:
RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Stock Symbol:
RLX
Market:
NYSE
Website:
relxtech.com
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