Chinese E-cigarette Stocks Slump Following Proposed Regulation
Chinese government authorities on March 22 suggested that the country’s tobacco industry regulations might also be applied to e-cigarettes and vaping products. Following the announcement, multiple Chinese e-cigarette companies experienced significant stock price plunges.
Bloomberg recorded that RLX Technology Inc, the largest Chine…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.