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How This Chinese Vaping Billionaire Became One Of The World's Richest Women In Three Years

How This Chinese Vaping Billionaire Became One Of The World's Richest Women In Three Years
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New York , United States , Hong Kong , So Wang , Inch On Gwangyoksi , South Korea , New York Stock Exchange , Kate Wang , David Jiang , Tristan Daboville , Patricia Kovacevic , Jack Ma Alibaba , Tony Tang , Charlie Chen , Erich Fromm , Chen Zhiping , Donald Graff , Yang Yangzi , Philip Morri , Ehud Kamar , Wen Yilong , William Oneil , Yuri Milner , York Stock Exchange , Bain Co , Drug Administration ,

How This Chinese Vaping Billionaire Became One Of The World's Richest Women In Three Years


How This Chinese Vaping Billionaire Became One Of The World’s Richest Women In Three Years
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Kate Wang, 39, jumped into the ranks of the world’s richest when her vaping company RLX went public on the New York Stock Exchange in January. Now the Procter & Gamble and Uber veteran faces looming threats from Chinese regulators and skeptical investors.
In a period of 55 hours starting on the morning of March 22, shares in Chinese vaping company RLX Technology collapsed 54%, slashing more than $16 billion from the startup’s market cap. The slump continued through the week as investors sold on the news of a potential industry crackdown by China’s tobacco regulator and the Securities and Exchange Commission’s announcement that it would start enforcing a law to require Chinese listed companies to provide audits or risk being delisted. ....

New York , United States , Hong Kong , So Wang , Inch On Gwangyoksi , South Korea , New York Stock Exchange , Kate Wang , David Jiang , Tristan Daboville , Patricia Kovacevic , Jack Ma Alibaba , Tony Tang , Charlie Chen , Erich Fromm , Chen Zhiping , Donald Graff , Yang Yangzi , Philip Morri , Ehud Kamar , Wen Yilong , William Oneil , Yuri Milner , York Stock Exchange , Bain Co , Drug Administration ,