$RLX Technology(RLX)$ I used t

2023-02-22

$RLX Technology(RLX)$ I used to be bullish on RLX but now I'm short-medium term bearish. Because of the 36% tax on e-ciggarettes that went into effect in Nov and to comply with regulatory authorities, RLX had to close alot of shops as per their last earnings report. I believe we will see a shrinkage in revenue as a whole. However I believe this might be a good long term play, > 15 years as e-ciggarettes is extremely well received by the young generation.

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Comments

StreetCat
2023-03-02
StreetCat
still got people buy things from shops? order online ftw hehehe ‌[财迷] ‌
Milankaka
2023-02-22
Milankaka
Ok
Orange Peel
2023-02-22
Orange Peel
okay
Flight 888
2023-02-22
Flight 888
good
alv
2023-02-22
alv
K
Bijaya Rai
2023-02-22
Bijaya Rai
Aa

Leave a comment

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Because of the 36% tax on e-ciggarettes that went into effect in Nov and to comply with regulatory authorities, RLX had to close alot of shops as per their last earnings report. I believe we will see a shrinkage in revenue as a whole. However I believe this might be a good long term play, &gt; 15 years as e-ciggarettes is extremely well received by the young generation.&nbsp;</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/RLX\">$RLX Technology(RLX)$ &nbsp;</a>I used to be bullish on RLX but now I'm short-medium term bearish. Because of the 36% tax on e-ciggarettes that went into effect in Nov and to comply with regulatory authorities, RLX had to close alot of shops as per their last earnings report. I believe we will see a shrinkage in revenue as a whole. However I believe this might be a good long term play, &gt; 15 years as e-ciggarettes is extremely well received by the young generation.&nbsp;</body></html>","text":"$RLX Technology(RLX)$ I used to be bullish on RLX but now I'm short-medium term bearish. Because of the 36% tax on e-ciggarettes that went into effect in Nov and to comply with regulatory authorities, RLX had to close alot of shops as per their last earnings report. I believe we will see a shrinkage in revenue as a whole. However I believe this might be a good long term play, > 15 years as e-ciggarettes is extremely well received by the young generation.","highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":7,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9957317227","repostId":0,"isVote":1,"tweetType":1,"viewCount":800,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RLX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":376,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105920752,"gmtCreate":1677708130279,"gmtModify":1677708133477,"authorId":3578091555231876,"author":{"id":3578091555231876,"authorId":3578091555231876,"name":"StreetCat","avatar":"https://community-static.tradeup.com/news/10240289f5373e15472b574f0d2f37a8","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"still got people buy things from shops? order online ftw hehehe&nbsp;‌<a href=\"\" class=\"immutable-element immutable-text\">[财迷]&nbsp;</a>‌","text":"still got people buy things from shops? order online ftw hehehe&nbsp;‌<a href=\"\" class=\"immutable-element immutable-text\">[财迷]&nbsp;</a>‌","html":"still got people buy things from shops? order online ftw hehehe&nbsp;‌<a href=\"\" class=\"immutable-element immutable-text\">[财迷]&nbsp;</a>‌","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105846710,"gmtCreate":1676996067849,"gmtModify":1676996071061,"authorId":3579096500575753,"author":{"id":3579096500575753,"authorId":3579096500575753,"name":"Milankaka","avatar":"https://static.tigerbbs.com/288ce834db4366c3536976047323d1ce","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105846709,"gmtCreate":1676996052371,"gmtModify":1676996055641,"authorId":4113349061695712,"author":{"id":4113349061695712,"authorId":4113349061695712,"name":"Orange Peel","avatar":"https://community-static.tradeup.com/news/6f4417068e9de25addd607455511f595","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"okay","text":"okay","html":"okay","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105846707,"gmtCreate":1676996041585,"gmtModify":1676996044890,"authorId":4123502436404212,"author":{"id":4123502436404212,"authorId":4123502436404212,"name":"Flight 888","avatar":"https://community-static.tradeup.com/news/23ad442860b54c0e0b1fa6b16250f207","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.17","exceedPercentage":"80.05%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105846702,"gmtCreate":1676995987437,"gmtModify":1676995990605,"authorId":3554847271592222,"author":{"id":3554847271592222,"authorId":3554847271592222,"name":"alv","avatar":"https://static.tigerbbs.com/bb02b26030f8c7529c746ee2157620b3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"K","text":"K","html":"K","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":105846693,"gmtCreate":1676995841707,"gmtModify":1676995844837,"authorId":4115974032543612,"author":{"id":4115974032543612,"authorId":4115974032543612,"name":"Bijaya Rai","avatar":"https://community-static.tradeup.com/news/5a57603f58c46c5868b51ac481750c89","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957317227,"type":1,"supId":0,"prevId":0,"content":"Aa","text":"Aa","html":"Aa","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9957317227"}