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Why is Rlx Technology Inc Adr (RLX) Stock down?

30 May, 2023:

RLX's stock fell 10.89% related to news that earnings season pressed on. Many analysts and investors have predicted a big economic rebound in China this year, but others say it's far from guaranteed. Investors are also growing concerned about a resurgence of COVID-19 cases.

https://www.fool.com/investing/2023/05/25/why-shares-of-kanzhun-rlx-technology-and-dingdong/

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