RLX puffs out signs of new life, as investors remain wary
China’s leading vaping company said its revenue nearly tripled in the first quarter, though the figure remains well below levels from before a 2021 regulatory clampdown Key Takeaways: RLX’s revenue…
Ispire finds success straddling U.S.-China divide. But are its cannabis dreams just hot air?
The U.S.-based vaping company with China roots says its revenue could balloon over the next five years on the fast-growing cannabis market Key Takeaways: Recently listed Ispire co-CEO Michael Wang…
Up in smoke? Not exactly for Huabao, crown jewel of China’s ‘vaping queen’
Zhu Linyao emerged from more than a year of detention last week believed to be related to an anti-corruption campaign blowing through China’s tobacco industry Key Takeaways: Huabao’s chairman Zhu…
RLX gets smoked in fourth quarter, but sees clearer air ahead
The leading Chinese vaping company’s revenue plunged 82% in the last year’s final quarter, as it took a double blow from new regulations and widespread Covid disruptions Key Takeaways: RLX’s…
Vaping Leader RLX Gets Doused by Latest Regulatory Wave
China has unveiled new rules banning flavored vapes and taken steps to standardize e-cigarettes in new efforts to bring more order to the sector Key Takeaways: Shares of RLX and…