RLX Technology Q4 revenue up 45% from previous quarter to $248 million
Net loss for the quarter was RMB 237 million, compared to net income of RMB 7.8 million in the third quarter of 2020, according to the company's earnings report released today.
CITIC Securities downgrades RLX Technology to 'hold' after shares fall nearly 50%
Given the likelihood of the draft passing, CITIC Securities has suggested three possibilities for RLX Technology.
RLX Technology plunges nearly 50% as China's e-cigarette industry faces tougher regulations
As of press time, the company's shares are down more than 38 percent and its market value has evaporated by more than $7 billion.