- The stock price of RLX Technology Inc (NYSE: RLX) increased by over 15% pre-market today. This is why it happened.
The stock price of RLX Technology Inc (NYSE: RLX) increased by over 15% pre-market today. Investors appear to be responding positively to the Chinese government organizing a meeting on the national standards of e-cigarettes.
RLX Technology is a leading branded e-vapor company in China. And the company utilizes in-house technology, product development capabilities, and in-depth insights into adult smokers’ needs to develop superior e-vapor products.
According to sources with Westmoney, the recent meeting involved the whitelisting of additives allowed for e-cigarette liquids and a large number of fruit flavors cannot be produced and sold. And the maximum limit of nicotine is 20 mg/ml and the atomization temperature is less than 350°C. Plus the herbal cartridges on the market may be identified as solid electronic cigarettes.
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