RLX Technology (RLX) Rises on MSCI ESG Rating Upgrade

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Jan 03, 2025
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RLX Technology (RLX, Financial) continues its upward momentum in pre-market trading, climbing 2.7%. The stock is set to reach new highs, with a monthly gain exceeding 20%. This surge follows the announcement from MSCI, a leading global index provider, which upgraded RLX Technology's ESG (Environmental, Social, and Governance) rating from A to AA. This marks the third consecutive year the company has maintained its top position in the global e-cigarette industry. Notably, RLX has also achieved the highest ESG rating in the global tobacco sector for the first time.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.