Chinese vaping IPO leaves risk factors up in smoke

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Chinese vaping company Rlx shares surged in their debut, delivering a $46 bln valuation that tops Japan Tobacco’s. Fast sales growth can be addictive to investors, but overlooking regulatory risks also can be hazardous to their health. sharonlamhk

Rlx Technology shares closed at $29.51 on their first day of trading on Jan. 22 after pricing above the marketed range, at $12, for the initial public offering.Source: REUTERS/Florence Lo

A woman walks past a store displaying RELX vaping products by RLX Technology Inc inside a shopping mall in Beijing, China January 22, 2021.

 

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Reuters sharonlamhk We're bubbling so hard right now.

sharonlamhk dit gaat straks allemaal in rook op 😙

ReutersBiz sharonlamhk Send that shit to the US along with all your fentanyl!

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