This article only represents the author's own views.
After nearly being snuffed out by a cloud of new government oversight, leading vaping company RLX Technology Inc. (RLX.US) is showing signs of new life as the regulatory air clears in a new environment at home.
The company reported huge year-on-year jumps in both revenue and profit during this year’s first quarter, as it also embarked on an international expansion to hedge against overreliance on China and seek new growth opportunities. Its latest revenue is still less than a third of where it was before the regulatory clampdown. But, hey, you have to start somewhere.
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