$RLX Technology(RLX)$ 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.
$RLX Technology(RLX)$ Frankly, I love the stock. China had imposed 36% tax starting this month and I wouldn't be surprised to see earnings contract significantly, but with the insane growth, I expect that it will all make sense a few years after purchasing the stock. This is definitely one of the most under publicised stock to hold for a super long term.