$RLX Technology(RLX)$Results is not that bad if you compare y-o-y. In addition, the company remains super cash rich. "As of September 30, 2021, the company had cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments and long-term bank deposits of $2,284.6M, compared to RMB14,880.8M as of June 30, 2021."
Latest CEO Appointment The latest leadership shift may signal Twitter ($Twitter(TWTR)$)'s possible change of strategic direction. This could be in a good way, i.e. the new leadership could help meet management's user growth and revenue targets. Alternatively, some analysts argues that an internally promoted CEO may fail to bring fresh outside perspectives and "reinvigorate growth". Condequently, do expect volatile short-term share performance. Financial Performance Twitter's 3Q21 financial performance was not keeping up with previous quarters' growth and profitability; thus, the share price has fallen -46% from its YTD high. It has recorded a quarterly loss of US$ -536.76 million due to the US$ 809.5 milion legal settlement
unlikely... because Biden's party is afaving election next year. The Fed's tapering will only cause emerging markets to crash while US market will maintain its rosiness due to US Dollar's dominating position in the world.
Smoore International $SMOORE INTL(06969)$rose 7 percent today, almost quadrupled Hang Seng index's increase, while the MSCI AC Asia Pacific Index gained merely 0.8 percent. The counter advanced 249 percent in the past 52 weeks and currently trades at 38x times its estimated EPS for the coming year.Many investors know Smoore as an e-ciggarette player, but doesn't really drill down to the exact part of the value chain Smoore is operating within. To sum up Smoore's business, the company operates two principal business segments: corporate-client-oriented business and retail-client-oriented business.- Corporate business includes the research, design and manufacturing of closed system vapor devices and vapor components for several large international
RLX Technology Inc. $RLX Technology(RLX)$shares decreased to $8.82 from$9.40 in the previous sesion. The shares are down 3.6% in the past 5 days, and fell 27% in the past 30 days.RLX sources its product from OEM/ODM manufacturers in China. Its forte is on the sales & marketing, especially its sales channels of more than 5,000 retail outlets across the mainland. First, RLX faces the intrinsic risks from its own business structure and market positioning:1. Increased regulatory risk from the Chinese regulators as 80% of RLX's business are in Mainland China2. Highly dependent Smoore International $SMOORE INTL(06969)$, as more than 80% of its products were sourced from Smoore (due to Smoore's