wimpy
2022-12-01

This is in response to Crazy Horse post below about being careful with Chinese stocks regarding delisting on the US Exchange. I agree with crazy horse on 99% of chinese stocks, however, this one is very different. They have a ton of cash, have government approval to build a plant, are maintaining the emission requirements, and they have a very competent management team. I hope my intuitions are good. If anything, since earnings the stock is up almost 40%. Once the covid lock up eases in China this will fly. I'm not sure how they sell or distribute their product but if they currently deliver to people being locked up, sales might be good assuming they are selling to the middle class.$RLX Technology(RLX)$

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