NEW YORK/HONG KONG -- Chinese vaping company RLX Technology more than doubled its value on its New York trading debut Friday, a sign of investor confidence despite uncertainty on whether new U.S. President Joe Biden will continue his predecessor's push for financial decoupling.
Markets
In first Chinese IPO of Biden era, RLX rockets to 146% gain in US
Meanwhile, TikTok rival Kuaishou seeks bigger Hong Kong listing