E-cigarette maker RLX Tech covers $1.2bn IPO
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E-cigarette maker RLX Tech covers $1.2bn IPO

Cigarette cigarettes tobacco smoking from Adobe 31Mar20 575x375

Chinese e-cigarette manufacturer RLX Technology has drawn enough early demand to well oversubscribe its US IPO worth up to $1.16bn, according to a source familiar with the matter.

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